Veritex Community Bank Hires Blackburn as Senior Vice President and Relationship Manager

Wyatt Blackburn has joined Dallas-based Veritex Community Bank as senior vice president and relationship manager, bringing more than 40 years of experience in launching, developing and managing operations for specialty property and casualty insurance company fronting platforms. His focus is on developing lending and banking relationships with a particular emphasis on the insurance industry. Blackburn … Read more

Yang Named Houston Market President for Southside Bank

Tyler-based Southside Bank recently announced that Alice Yang has been named Houston market president. She has worked at Southside Bank since 2020 as commercial lending manager. In her new role, she will oversee all aspects of commercial lending operations and support the growth of the bank’s customer base in the market. The bank’s Houston location … Read more

Amegy Bank’s Special Purpose Credit Program a Case Study in American Bankers Association’s Campaign

On February 21, the American Bankers Association (ABA) launched an online resource focused on special purpose credit programs (SPCPs), highlighting Houston-based Amegy Bank’s Small Business Diversity Banking Program (SBDBP) as the SPCP benchmark for banks across the nation. ABA’s webpage outlines how SPCPs work and includes a checklist for banks to follow when developing models … Read more

Energy Technology Company Baker Hughes Invests $50 Million in Unity Bank

On February 27, Baker Hughes, an energy technology company, announced a $50 million investment to support Houston-based Unity Bank, Texas’ only Black-owned banking institution, citing the move as part of its commitment to supplier diversification and advancement of racial equity. The investment, made through a $50 million deposit in J.P. Morgan Asset Management’s Empower share … Read more

Federal Reserve Bank of Dallas’ Houston Branch Elects Leaders for 2023

The board of directors of the Federal Reserve Bank of Dallas’ Houston branch has elected Ruth Simmons chair and Cynthia Colbert chair pro tem for 2023. Simmons joined the Houston branch board in 2020. She is president of Prairie View A&M University. Previously, she was president and professor of comparative literature and Africana studies at … Read more

Vantage Bank Names Mounce Houston Market Co-President

Tray Mounce, a longtime Houston banking executive, has been named executive vice president at San Antonio-based Vantage Bank. His hiring comes as the Texas-based bank launches its expansion into the Houston market. Mounce will serve as co-president of the Houston market alongside recently hired Cody Canno, also an executive vice president. Mounce has more than … Read more

Santana and Campo Appointed to Federal Reserve Bank of Dallas Branch Boards

The Federal Reserve Board of Governors has appointed Rosa Santana to the Federal Reserve Bank of Dallas’ San Antonio branch board of directors and Ric Campo to its Houston branch board. They will both serve a three-year term ending December 31, 2025. As branch board members, they will provide input on regional economic conditions as part of … Read more

Louisiana-based First Guaranty Bancshares to Acquire Lone Star Bank

Hammond, Louisiana-based First Guaranty Bank, a wholly owned subsidiary of First Guaranty Bancshares Inc. announced a definitive agreement to purchase Houston-based Lone Star Bank in an all-stock transaction. The combined financial institutions will have approximately $3.2 billion in total assets, $2.5 billion in total loans and $2.8 billion in total deposits. Established in 2006, Lone … Read more

Quiroga and Taylor Re-Elected to Federal Reserve Bank of Dallas Board of Directors

Joe Quiroga of Edinburg and Cindy Taylor of Houston have been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. They will both serve a three-year term ending December 31, 2025. In this role, they provide input on regional economic conditions as part of the Federal Reserve’s monetary policy … Read more

Real Estate Investment Professional Meyer-Nelson Appointed Chair of Agility Bank

Edna Meyer-Nelson has been elected the chair of Houston-based Agility Bank NA, the first bank in the country established as a minority depository institution focused on women, but serving all. A former banker, Meyer-Nelson is president and CEO of The Richland Companies, one of the largest women-owned real estate investment firms in the country with … Read more