TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Dallas-based Susser Bank has opened its first full-service location in San Antonio at 200 Austin Hwy. in an easily accessible building off Austin Hwy. and Broadway. Located on the top floor of the four-story class-A building, Susser Bank’s space encompasses more than 7,300 square feet. Exterior signage on the building gives Susser Bank increased visibility … Read more
On April 17, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas Inc., the parent company of Midland-based FirstCapital Bank of Texas NA. The merger is expected to be effective as of May … Read more
On April 5, Birmingham, Alabama-based Regions Bank announced that Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as the bank builds on its Texas presence. Regions Bank has strategically expanded across the Lone Star State in recent years, including branching out into Houston, Dallas, Fort … Read more
Corpus Christi-based American Bank has completed its acquisition of San Antonio-based TexStar National Bank after a successful core systems conversion in late March. TexStar National Bank, its clients and six San Antonio-area branches are now fully integrated and part of the American Bank system. The acquisition, which received regulatory approval and became effective in October … Read more
By Sean C. Payant, Ph.D. Many bank executives spend considerable time thinking about strategies to improve overall profitability and create sustainable growth. According to what is conveyed in banking industry publications and gleaned at trade shows and conferences, the industry’s best practices generally focus on strategies to cut expenses—using technology, looking at staffing levels, increasing … Read more