TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that it has approved an application by American Bank NA, based in Corpus Christi, to acquire TexStar National Bank, based in Universal City. The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has applied to acquire Providence Bank of Texas, based in Southlake. Conversions The … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Veritex Community Bank, based in Dallas, to acquire StoneCastle Insured Sweep LLC, based in New York, New York. Branches The OCC reports that VeraBank NA, based in Henderson, has established a branch at 200 River Point, Ste. 100, in Conroe. The agency … Read more
On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more
Fort Worth-based NBT Financial Bank—formerly The National Bank of Texas at Fort Worth—recently announced two new hires. Sheri Miller has joined the bank as first vice president/BSA officer. She has more than 35 years of experience in the financial service industry, with an emphasis on regulatory compliance, BSA/AML compliance and auditing. She has worked for … Read more
Mergers and Acquisitions The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Cash Insured Sweep LLC (interLINK platform), based in New York, New York. Branches The OCC reports that U.S. Bank NA, based in Cincinnati, Ohio, has established a branch at 15110 N. Dallas Pkwy. in Dallas. The OCC … Read more
Conversions The TDB reports that The National Bank of Texas at Fort Worth, based in Fort Worth, has converted to a state banking association under the new name NBT Financial Bank. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 1895 University Dr. in Frisco. The OCC reports that it has approved an application by First National Bank Albany/Breckenridge, based in Albany, to establish a branch at 2307 E. Hubbard in Mineral Wells. The … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has applied to acquire Crockett National Bank, based in San Antonio. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state bank charter under the name First Liberty Bank. Branches The OCC … Read more
Bank of Texas, part of Tulsa, Oklahoma-based BOK Financial Corp., has expanded its Fort Worth corporate banking team with the addition of Bryson Bowden and John Gerdes. Bowden joins as team lead of the corporate banking team and Gerdes as relationship manager, both reporting to Fort Worth Region CEO Mark Nurdin. The corporate banking team … Read more
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has applied to acquire TexStar National Bank, based in Universal City. The OCC reports that The Commercial National Bank of Brady, based in Brady, has completed its acquisition of a branch from Anthem Bank & Trust, based in Plaquemine, Louisiana. The … Read more