TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On June 7, Corpus Christi-based American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into American Bank and the combined banks will operate under the American Bank … Read more
On March 9, Jacksonville-based Austin Bank broke ground on its newest full-service banking center in The Woodlands at Creekside Park. The ceremony was well attended by the Austin Bank leadership team, employees, both Montgomery and The Woodlands Chambers of Commerce, the Howard Hughes Corp. and area business leaders, along with the architect and general contractor, … Read more
Choudrant, Louisiana-based Origin Bank has announced the opening of its new Midway banking center, located at 13601 Midway Rd. in Dallas. The new location, led by Shash Manocha, banking center manager, will offer personal and business banking, mortgage services, drive-through banking, safe deposit box rentals, a night depository and 24/7 ATM banking. “The new Midway … Read more
The February 2022 edition of the Texas Bank Report, published by the Texas Department of Banking, is now available on the department’s website. It includes September 30, 2021, financial data. “Many observers anticipated tough times for the financial service industry in the early days of the pandemic; however, nearly two years later, this has not … Read more
On January 13, Leawood, Kansas-based CrossFirst Bank announced that David Felan has been named Texas regional president, overseeing the bank’s operations and offices in Dallas and Frisco. He will be responsible for leading CrossFirst Bank’s continued growth across Texas and will oversee talent recruitment and expansion opportunities. “Any time you are able to attract an … Read more
On January 4, San Antonio-based Texas Partners Bank announced a partnership with Legacy Mutual Mortgage. The acquisition of the partnership interests of Legacy Mutual Mortgage provides Texas Partners Bank—whose members include The Bank of San Antonio, The Bank of Austin and Texas Hill Country Bank—with a comprehensive mortgage platform broadening the bank’s reach and depth of … Read more
Texas Capital Bancshares, the parent company of Dallas-based Texas Capital Bank, announced on November 10 that Jay Clingman has been appointed to the newly created role of vice chairman of commercial banking. He will report to Rob C. Holmes, president and CEO, and serve on the bank’s operating committee. Clingman will work closely with all … Read more
Corpus Christi-based American Bank has hired Charlie Phillips as market president in Houston. Making the announcement was Donette Stubblefield, chief banking executive for commercial and wealth. Phillips joins American Bank with more than 30 years of banking experience, most recently serving as president of Independent Financial’s Washington location in Houston. He had responsibility for leading … Read more
In mid-September, Little Rock, Arkansas-based Encore Bank announced its expansion into Arlington and has named Rick Jenkins executive vice president/Arlington market president. In addition, the bank is expanding into Collin County and has named Jenny Johnson senior vice president/Collin County market manager. Jenkins is a 19-year banking veteran with expertise in commercial lending, business development … Read more
Plano-based Alkami Technology Inc., a leading cloud-based digital banking solutions provider for U.S. financial institutions, announced that the company has finalized its acquisition of San Diego, California-based MK Decisioning Systems LLC, also known as MK Decision, a technology platform and provider for digital account opening, credit card and loan origination solutions. With the acquisition, Alkami … Read more