TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Harlingen-based Texas Regional Bank has appointed James Ehrlich market president in Kerrville. He brings more than 30 years of experience in commercial banking, private banking and trust, and commercial real estate. His background includes building and managing multi-million-dollar commercial loan portfolios and overseeing $160 million in private banking and trust assets. That experience is enhanced by decades … Read more
On May 13, Lubbock-based Victory Bank announced that it has entered a definitive agreement to acquire a 40 percent ownership stake in McDonald Capital Management (MCM), a Lubbock-based, fee-only investment management firm with more than $350 million in assets under management. The agreement marks Victory Bank’s formal entry into wealth management. Established in 1990, McDonald … Read more
The July 4 and 5 flash floods across Central Texas—particularly along the Guadalupe River in the Hill Country—resulted in more than 135 deaths, a handful of people still missing and catastrophic financial impacts in the multi-billion-dollar range, with some estimates between $18 and $22 billion. Texas banks rallied immediately to help in the aftermath of the … Read more
On October 7, Sonora-based Sonora Bank announced that James Cox has been named executive vice president and chief credit officer. He will be responsible for driving the bank’s credit culture and overseeing its lending portfolio while guiding risk-appropriate growth. Cox brings more than 30 years of banking and financial services experience—including extensive knowledge of commercial … Read more