TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that it has approved applications by Bank of America NA, based in Charlotte, North Carolina, to establish the following branches: 401 N. Hwy. 77, Ste. 20, in Waxahachie and 2408 McKinney Ave. in Dallas. The agency also reports that it has approved an application by Bank of America to relocate a … Read more
On August 27, Champaign, Illinois-based First Busey Corp., the holding company for Busey Bank, and Leawood, Kansas-based CrossFirst Bankshares Inc., the holding company for CrossFirst Bank, announced their plan to merge, pursuant to which CrossFirst will merge with and into Busey in an all-common stock transaction valued at approximately $916.8 million, based on Busey’s closing … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank NA, based in Sioux Falls, South Dakota, to establish a branch at the southwest corner of Hwy. 423 and Hwy. 380 in Frisco. The agency also reports that it has approved an application by Wells Fargo Bank to relocate a branch … Read more
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 3910 W. State Hwy. 31 W in Corsicana. The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has applied to establish a branch at 110 Vintage Park Blvd., Ste. 100, in Houston. The OCC reports … Read more
Name Changes The TDB reports that First State Bank, based in Abilene, has changed its name to Avana Bank. Home Offices The TDB reports that it has approved an application by Susser Bank, based in Dallas, to relocate its home office from 100 Crescent Ct., Ste. 575, in Dallas to 4010 Maple Ave., Ste. 150A, … Read more
Mergers and Acquisitions The TDB and the FRBD report that Producer Acquisition Corp., based in Beaumont, has applied to become a bank holding company by acquiring Powell State Bank, based in Powell. Branches The OCC reports that it has approved an application by BOKF NA, based in Tulsa, Oklahoma, to establish a branch at 4306 … Read more
On August 2, Texas State Bankshares Inc., the holding company for Harlingen-based Texas Regional Bank, completed its acquisition of Dallas-based investment banking group Estrada Hinojosa & Company Inc. Going forward, the acquired company will operate under TRB Capital Markets LLC, a subsidiary of Texas Regional Bank, using the assumed name of Estrada Hinojosa. This acquisition … Read more
Mergers and Acquisitions The TDB reports that Oakwood Bank, based in Dallas, has applied to merge into b1BANK, based in Baton Rouge, Louisiana. Name Changes The TDB reports that it has approved an application by First State Bank, based in Abilene, to change its name to Avana Bank. Branches The TDB reports that Frost Bank, … Read more
Branches The TDB reports that Veritex Community Bank, based in Dallas, has established a branch at 4660 Sweetwater Blvd. in Sugar Land. The TDB reports that it has approved an application by Frost Bank, based in San Antonio, to establish a branch at 8111 N. FM 620 in Austin. The TDB reports that Susser Bank, … Read more
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 14309 E. Sam Houston Pkwy. N in Houston. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch … Read more