TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
To honor regional banks that positively impact their communities, Newsweek and Plant-A Insights Group publish an annual list of “America’s Best Regional Banks [and Credit Unions]”* every December. The publication’s 2025 list includes 46 regional banks that operate in Texas, with 39 banks based in the Lone Star State. As Newsweek states, “Regional banks…are the … Read more
American Banker has released its 2024 list of the “Best Banks to Work For,” which includes nine banks based in Texas. Northbrook, Illinois-based First Bank Chicago was ranked No. 1 in this year’s list among 90 banks in the 12th annual ranking. The banks on the 2024 list range in size from the 52-employee First … Read more
Larry Allen, chairman and CEO of Lubbock-based Peoples Bank, has announced banking officer promotions for two employees. Kolton Bishop has been promoted to banking officer. He has been with Peoples Bank for five years and serves as a credit specialist at the bank’s 82nd St. location in Lubbock. Bishop received a BBA degree in marketing … Read more
Lubbock-based Peoples Bank has hired Brett Stewart to serve as market president for the bank’s newest location in Frisco. The hiring was announced by Matthew Knies, North Texas market president. The Frisco location currently operates as a loan production office with plans to convert it to a full-service bank. Stewart has been in banking for … Read more
On September 24, Dubuque, Iowa-based Capra Bank broke ground on its new, permanent Texas location at 12115 Slide Rd. in Lubbock. The Lubbock Chamber of Commerce ambassadors, local business leaders and Capra Bank associates were in attendance. The Texas Tech University mascot, Raider Red, made an appearance and helped to turn the dirt during the … Read more
Lubbock-based Peoples Bank recently celebrated 25 years of service. The bank was established in 1999 when a group of investors led by Larry Allen and Todd McKee purchased Lorenzo State Bank in Lorenzo, which held a charter established in 1968. In 2000, the bank built its headquarters on 82nd St. in Lubbock. By 2005, the headquarters … Read more
Forbes’ 2024 ranking of the Best-In-State Banks and Credit Unions was released at the end of June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2024. Forbes collaborated with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more
On August 13, Matthew Knies, North Texas market president for Lubbock-based Peoples Bank, announced the addition of Reggie Love to the team. He will serve as branch president and commercial lender at the bank’s Princeton location. Love has been in banking for 22 years serving in many capacities. He earned a bachelor’s degree from Centenary College … Read more
Joe Robert Grist Sr., president of Snyder-based West Texas State Bank, passed away on August 13 in Snyder at the age of 58. After earning his bachelor’s degree from Abilene Christian University and a master’s degree from Hardin-Simmons University, Grist launched his banking career. His professional career was spent working alongside his father, John E. … Read more
On August 8, Greg Garland, president of Dubuque, Iowa-based Capra Bank, announced the assembly of a local advisory board that includes seasoned bankers, successful businessmen and native West Texans. Last September, Capra Bank opened its first Texas branch in Lubbock. “[The advisory board’s] guidance, expertise and intimate knowledge of the Lubbock community will be integral … Read more