TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Fernando D. Parra has joined the Houston banking team of Choudrant, Louisiana-based Origin Bank to serve as director of business development. He will assist in the bank’s growth and development in Houston as well as other markets. Parra brings more than 40 years of banking experience to his new role, having previously been involved in … 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
J. Terry Smith has joined Oklahoma City, Oklahoma-based InterBank as Dallas/Fort Worth regional president. He will be responsible for leading the bank’s organic growth strategy in the metroplex. Smith will office out of InterBank’s Camp Bowie/Fort Worth location. Smith has served in executive leadership roles in community banks in both Dallas and Tarrant counties for … Read more
Dallas-based Affiliated Bank NA has changed its name to Susser Bank to better reflect its ambitious growth strategy. Since 2018, the bank has operated under the ownership and direction of Susser Banc Holdings Corp., led by fifth-generation Texas entrepreneur Sam L. Susser. While the name change legally went into effect December 31, 2020, Susser Bank … Read more
S&P Global Market Intelligence released its annual rankings for 2020’s best-performing community banks with assets between $3 billion and $10 billion and community banks with assets less than $3 billion, as well as top-performing credit unions. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play … Read more
On January 19, Independent Financial, a financial services company with 93 locations across Texas and Colorado, announced that construction has begun on phase two of the company’s headquarters in McKinney. The companies making the announcement also included the City of McKinney, McKinney Economic Development Corp. and KDC, a corporate build-to-suit development and investment firm. The … Read more