TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The AT&T Byron Nelson Golf Tournament returned to the city of McKinney May 9–15 with McKinney-based Independent Financial once again serving as the official bank sponsor of the PGA Tour event. As the official bank sponsor, Independent Financial is one of five companies designated as “Premier Partners” of the AT&T Byron Nelson. For the second year, … Read more
McKinney-based Independent Financial opened a new permanent Denison financial center in early January, replacing the former location that was among the buildings destroyed two years ago by the fire in historic downtown Denison. The new financial center is located at 900 S. U.S. Highway 75, just minutes from downtown. The branch opened on January 10, with … Read more
McKinney-based Independent Bank Group Inc., the parent company of Independent Financial, has promoted Paul B. Langdale to executive vice president/corporate development and strategy. He will be responsible for overseeing enterprise-wide strategic planning, identification and evaluation of prospective mergers and acquisitions, strategic partnerships/investments and investor relations. As a member of the company’s senior leadership, he will … Read more
McKinney-based Independent Financial has named P. Norman Boone Jr. as head of treasury management. A certified treasury professional, he will manage a team of treasury management professionals and sales teams in both Texas and Colorado that manage, consult and sell treasury solutions to commercial customers. Boone will be responsible for sales, strategy and execution for … Read more
McKinney-based Independent Financial has named Michael Keith head of middle-market banking for North Texas. He has more than 30 years of experience in commercial and corporate banking and comes to Independent Financial from another institution at which he served as managing director of franchise corporate banking over the Southwestern U.S. During his career, Keith has served … Read more
On September 14, McKinney-based Independent Bank Group Inc., the parent company of Independent Bank, announced changes to its executive leadership with the appointment of Michael Hobbs as president and chief operating officer. David R. Brooks will remain chairman and CEO and continue to serve as the company’s and bank’s principal executive officer, but he will … Read more
McKinney, based Independent Financial announced that Brett Walker has joined as senior vice president/relationship manager for commercial real estate for the Dallas/Fort Worth market. He will be responsible for originating, managing and monitoring a commercial loan and deposit portfolio for clients in all sectors of the real estate industry, including multi-family, industrial, retail, office, hospitality, … Read more
On July 15, McKinney-based Independent Bank Group Inc., the holding company for Independent Financial, expanded its executive leadership team with the appointment of John G. Turpen as executive vice president and chief risk officer, effective July 26. He will oversee the company’s enterprise risk management and compliance functions and support credit risk and administration. Turpen … Read more
The Independent Bankers Association of Texas (IBAT) recently honored two trailblazers in Texas community banking with the organization’s 2021 Excellence in Leadership Award. Hazem Ahmed, Houston area president at Independent Financial, and Julie Courtney, CAE, CMP, president of IBAT Services Inc. in Austin, were presented this prestigious award during the association’s Connecting Leaders Conference held … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more