TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On May 22, Charles G. Cooper, commissioner of the Texas Department of Banking, announced the opening of Houston-based Houston Bank & Trust, the first de novo state bank charter approved since April 2022. The bank is anticipated to serve customers primarily in the Houston MSA, with a focus on Harris and Montgomery counties. Houston Bank … Read more
On April 6, Texas Gulf Bancshares Inc., parent company of Houston-based Texas Gulf Bank NA, announced that Chase Zalman has been appointed president of Texas Gulf Bank, effective immediately. Zalman brings more than 20 years of banking leadership experience to the new position. He joins the bank from Prosperity Bank, for which he most recently … Read more
On March 9, Journey Financial Group Inc. and Houston-based Lone Star Bank jointly announced the signing of a definitive agreement pursuant to which Journey will acquire Lone Star. The transaction is expected to close late in the second quarter or early in the third quarter of 2026. Journey Financial Group is led by Dean O. … Read more
On February 23, Texas Gulf Bancshares Inc., the parent company of Texas Gulf Bank NA, announced the appointment of Steve Thompson as president and chief executive officer of the bank. He will focus on accelerating the bank’s growth across its core footprint in Harris, Galveston and Brazoria counties. Thompson succeeds James F. Brown Jr., who … Read more