TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

Lufkin Texas

Citizens Bank in Kilgore Holding Company Completes Acquisition of Texas National Bancorporation

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East Texas Financial Corp., the parent company of Kilgore-based Citizens Bank, and Texas National Bancorporation, the parent company of Jacksonville-based Texas National Bank, have announced the successful completion of East Texas Financial Corp.’s previously announced acquisition of Texas National Bancorporation after receiving all required regulatory approvals. East Texas Financial Corp. will operate as a two-bank … Read more

Jacksonville-based Austin Bank Announces July Promotions and a New Hire

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Two associates at Jacksonville-based Austin Bank received promotions in July and the bank announced a new hire. Sandy McCafferty has been hired as senior vice president and retail market manager. She joins Austin Bank after serving 20 years with Capital Bank in Houston, where she was senior vice president/regional banking center manager. Prior to that … Read more

East Texas Financial Corp. to Acquire Texas National Bancorporation and Texas National Bank

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East Texas Financial Corp., the bank holding company for Kilgore-based Citizens Bank, has entered into a definitive agreement to acquire Texas National Bancorporation Inc., the bank holding company for Jacksonville-based Texas National Bank. The transaction is expected to close in the fourth quarter of 2025. Upon closing, East Texas Financial Corp. will operate as a … Read more

Commercial Bank of Texas Taps Thannisch to Head Wealth Management and Trust

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Rusty Rust, president and CEO of Nacogdoches-based Commercial Bank of Texas, recently announced the promotion of John Thannisch to head of wealth management and trust in support of the bank’s vision to be the premier community-focused financial services organization. He will serve all 22 of the Commercial Bank of Texas branches. Thannisch has more than … Read more

Louisiana-based BOM Bank Completes Acquisition of Nine American State Bank Locations in Texas

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On November 18, Natchitoches, Louisiana-based Grant Bancshares Inc., the holding company for BOM Bank, announced the completion of its acquisition of nine American State Bank locations across Texas. The acquired locations include branches in Haslam, Timpson, Center, Lufkin, Huntington, Chester and Conroe. With the expansion, BOM Bank now operates 26 branches and two operations facilities across … Read more

VeraBank Names King Commercial Banker in Lufkin, Nichols Mortgage Banker in Carthage

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Henderson-based VeraBank has added Kyle King to its commercial banking team. With the bank since 2022, he will serve as banking officer/commercial banker at the Lufkin branch. King has been in the financial services industry for 12 years and most recently served as portfolio manager for the bank’s Lufkin and Tyler markets. “What makes Kyle … Read more

VeraBank Awards Scholarships to Five High School Seniors

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Henderson-based VeraBank has awarded five $2,500 scholarships to graduating high school students whose parents are employed at the bank. The recipients of the 2023 scholarships are: Grant Ashby, Lufkin High School, Lufkin; Ryland Carlile, Florence High School, Florence; Tiyah Courville, Cayuga High School, Cayuga; Riley Lux, Sabine High School, Gladewater; and Aspen Woodall, Sabine High … Read more

Austin Bank Employees Receive Promotions in March

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Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, recently announced promotions of employees approved at the March 2023 board of directors meeting. Lynn Littlejohn has been named chief human resources officer. Littlejohn, senior executive vice president, received a title change as she continues in her leadership role overseeing the bank’s human resources … Read more

Southside Bank Celebrates Completion of Lufkin Branch Remodel

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On January 26, associates from Tyler-based Southside Bank, members of the Lufkin Chamber of Commerce and community members gathered for a ribbon cutting and celebration of the bank’s newly renovated branch in Lufkin, located at 2510 West Frank St. The modern, innovative design echoes the bank’s sister location on S. Timberland Dr. in Lufkin and … Read more

Austin Bank Hires Thornton as Assistant Vice President and Relationship Manager

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Chance Thornton has joined Jacksonville-based Austin Bank as assistant vice president and relationship manager in the Lufkin office. “Chance is a skilled banker with a strong commitment to the East Texas area,” says Jeff Austin III, chairman. “His experience and leadership will help to serve our Lufkin customers and the Austin Bank team.” With more … Read more