TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more
On February 14, Pittsburgh, Pennsylvania-based PNC Bank announced a significant expansion of its branch network over the next five years, including new Texas locations in Austin, Dallas, Houston and San Antonio. The approximate $1 billion investment will lead to more than 100 new locations across the nation and renovation of more than 1,200 existing locations … Read more
By NED PAULEY Simply stated, a leader is someone others follow. Leadership is not a title. It’s not a reward for length of employment. It’s an act of service that inspires people toward a shared vision. If you’ve been in bank leadership for a while, you know the role is changing. Perhaps more accurately, followership … Read more
McAllen-based Rio Bank announced the opening of its first full-service banking center outside of the Rio Grande Valley. The new branch, located in Alamo Heights, marks a significant milestone for the bank as it establishes a presence in one of San Antonio’s most vibrant and growing neighborhoods. The branch, located at 5700 Broadway, is Rio … Read more
On November 13, Fort Worth-based NBT Financial broke ground on a new branch in Willow Park. The groundbreaking ceremony was attended by bank associates, prominent members of the community and members of the East Parker County Chamber of Commerce. The new 5,000-square-foot facility, located at The Shops at Willow Park, is expected to open in … Read more
Bee Cave-based Keystone Bank opens the doors to its new headquarters building on December 4. To celebrate, the bank has invited customers and families to a Family Fun Day on December 9 at the new headquarters, located at 13715 E. Ladera Blvd. in Bee Cave. The event will include door prizes and giveaways, breakfast bites, … Read more
In mid-November, Pine Bluff-Arkansas-based Simmons Bank hosted a ribbon-cutting ceremony to celebrate the grand opening of its newest Dallas financial center located at 3309 W. Camp Wisdom Rd. Simmons Bank operates 23 full-service branches in the Dallas/Fort Worth metroplex. “Investing in the communities we serve is engrained in our DNA and we are grateful to … Read more
On July 18, Woodville-based Citizens State Bank broke ground on its new Valley Ranch location near Kingwood, an area that is experiencing tremendous economic growth and development. The new location will be the permanent home of Citizen State Bank’s Kingwood branch. The 13,200-square-foot facility is expected to be completed by the summer of 2024. Established … Read more
On August 7, Choudrant, Louisiana-based Origin Bank announced the opening of its Northwest Freeway banking center in Houston, located at the intersection of W. 34th St. and Hwy. 290. The new location marks the bank’s entry into Houston’s Northwest corridor and is the 10th banking center Origin Bank has opened in the Houston area since … Read more
On June 26, San Antonio-based Frost Bank announced that it will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026. The company expects the expansion will further strengthen Frost Bank’s position in the Austin region, the third-largest deposit … Read more