PlainsCapital Bank Promotes Schulz to Lubbock Market President and Rosenberg to Executive Vice President

Dallas-based PlainsCapital Bank has promoted commercial lending manager Seth Schulz to Lubbock market president, succeeding David Quintanilla, whose promotion to West Texas region chairman was announced in December and became effective on January 1. In addition, West Texas real estate lending manager Mark Rosenberg has been promoted to executive vice president. “Both [Shulz and Rosenberg] … Read more

TRB Capital Markets Announces Key Leadership Appointments in Municipal Capital Markets

TRB Capital Markets LLC, dba Estrada Hinojosa, a subsidiary of Harlingen-based Texas Regional Bank, has expanded its municipal sales and trading team with the hires of Bryan McCoy and Rena Connor. Last August, Texas Regional Bank acquired Estrada Hinojosa & Co. Inc., an investment banking group specializing in municipal advisory services, bond underwriting and trading. … Read more

American National Bank of Texas Opens New Loan Production Office In South Dallas

Terrell-based American National Bank of Texas (ANBTX) celebrated its new loan production office in Fair Park with a grand opening ceremony on December 10. The LPO, located at 820 Exposition Ave., was first announced in June as part of ANBTX’s ongoing efforts to bring opportunities and investment to Southern Dallas County. The new location, which serves … Read more

Priority Services for Financial Institutions: Make Calls with Confidence When Needed Most

Editor’s note: Did you know that financial institutions have access to a free resource that allows priority service for phone calls made when communication lines are congested? Bankers Digest and the Independent Bankers Association of Texas asked the Cybersecurity and Infrastructure Security Agency to provide details on the program. Community banks—especially those located in areas … Read more

Will Varo Bank be the Pin that Pops the Fintech Valuation Bubble?

Every banker has read the sensational headlines of massive funding rounds at almost unfathomable valuations for almost any company with a fintech moniker. They also know the narrative; bankers are greedy and dumb, credit unions are slow and can’t innovate, and morally superior (here again) fintechs are here to disrupt the trillion-dollar financial services industry, … Read more

A Review of the 2021 Paycheck Protection Program

The 2021 release of the Paycheck Protection Program (PPP) is part of the Consolidated Appropriations Act (CAA), which was signed into law on December 27, 2020. The new release of the program arrived at the right time, as the health of small businesses had deteriorated toward the end of 2020. In this report, we first … Read more

Let Me Tell You a Story

Let me tell you a story. It’s not my story, but it is one I seem to be hearing a lot these days: The world of financial services is changing. It is changing fast. Everything is shifting overnight. Even while you sleep, someone is getting a leg up on you. As a banker, you are … Read more

In Memoriam: Wayne Frederick, Founder of The WFA Group

Wayne Henry Frederick, founder of the financial services company The WFA Group, passed away on December 31, 2020. He was 88. Upon graduating from high school, Frederick served in the U.S. Navy from 1951 to 1955 during the Korean War, attached to the U.S. Mine Force Fleet in Charleston, South Carolina. While he was stationed … Read more