TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Janette Coon, senior vice president and commercial escrow officer at WestStar Title, a division of El Paso-based WestStar Bank, retired at the end of January, concluding a 41-year career. She has been a member of the WestStar Title team for 14 years. “It has been a great honor to be part of WestStar Title and … Read more
Moulton-based SouthStar Bank SSB has hired Barbara Shaffer to serve as vice president/business development officer in Leander. With more than 40 years of banking experience, Shaffer joins SouthStar Bank having previously worked in a similar position at R Bank in Round Rock since 2013. Prior to that, she was vice president/Frost at Work specialist at … Read more
On January 30, Bank of Texas celebrated the opening of its new branch in The Woodlands with a ribbon-cutting ceremony and a $10,000 donation to the Montgomery County Food Bank. The new branch at 24 Waterway Ave. occupies the ground floor of the 13-story building in the heart of The Woodlands Waterway. It is a … Read more
Terry Richter has been named chief executive officer of Cameron-based Classic Bank. He has been serving as interim CEO since December 2023. Richter retired from the Office of the Comptroller of the Currency (OCC) in 2021 with more than 35 years of experience. He served in a wide variety of roles at the OCC, including … Read more
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 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
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
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
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
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