TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … 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
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … 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
Mergers and Acquisitions The TDB reports that Citizens State Bank, based in Somerville, has applied to acquire Burton State Bank, based in Burton. The TDB reports that The Chasewood Bank, based in Houston, has applied to merge with MergerCo Inc., based in Houston. Home Office Relocations The TDB reports that WestStar Bank has relocated its … Read more
Branches The OCC reports that it has approved an application by Commercial Bank of Texas National Association, based in Nacogdoches, to establish a branch at 321 N. Central Expwy., Ste. 100, in McKinney. The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 3855 … Read more
Conversion The TDB reports that it has approved an application by Texas Capital Bank, based in Dallas, to convert from a national association to a Texas-chartered bank. Branches The OCC reports that Lamar National Bank, based in Paris, has established a branch at 100 Plaza Place, Ste. 100, in Northlake. The agency also reports that … Read more