TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On August 16, Texas Banking Commissioner Charles G. Cooper announced that Hondo-based TXN Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. TXN Bank began operating under its new charter effective August 16. The bank, a subsidiary of TXN Bancshares Inc., was originally chartered in 1936 and … Read more
Hondo-based banks Hondo National Bank and Community National Bank have applied with the Office of the Comptroller of the Currency to merge as TXN Bank National Association. As announced in August 2020, Texas Heritage Bancshares Inc, parent company of Hondo National Bank, and Medina Community Bancshares Inc., parent company of Community National Bank, consolidated into … Read more
On August 25, Texas Heritage Bancshares Inc., the parent company of Hondo National Bank, and Medina Community Bancshares Inc., the parent company of Hondo-based Community National Bank, jointly announced the signing of a definitive agreement to combine the two holding companies into Texas Heritage Bancshares. The merger agreement was unanimously approved by the board of … Read more