TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
Houston-based Central Bank will soon have a home in the city’s Lower Heights District mixed-use development. The bank will open the doors for its newest full-service branch at 2799 Katy Frwy., Ste. 150, on January 11. The new location, which replaces the Midtown Houston branch at 2217 Milam St., will provide business and personal banking services in … Read more
Dallas-based Comerica Inc. has promoted Jason Baker to Houston market president, succeeding J. Downey Bridgwater. Earlier this year, Bridgwater announced his plan to retire during the first quarter of 2021 after 24 years at Comerica and 40 years in banking. In his new role, Baker will oversee business and community development efforts in the Houston … Read more
On October 20, Houston-based Agility Bank (in organization) announced that the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have given conditional approval for its application to launch and operate a predominately digital community bank that is primarily owned and led by women. Agility Bank will begin raising $30 million in … Read more
SouthStar Bank celebrated a century in business on October 21 in Moulton, featuring live music and barbecue. “Starting from humble beginnings as The Farmers and Merchants Bank, we have grown not only in numbers, but also in talent, services and communities,” says David R. Kapavik, president and CEO. “SouthStar Bank has remained true to its … Read more
Houston-based Cadence Bank recently named Myra Caldwell its first chief diversity officer. Serving the bank for the past nine years, she most recently led its treasury management and deposit operations department. She brings extensive experience leading change through 14 bank mergers, department reorganizations and broad-based system and process improvements. Caldwell will develop the vision, mission and … Read more