minority depository financial institution

Energy Technology Company Baker Hughes Invests $50 Million in Unity Bank

March 2, 2023 by Neil Ferguson

On February 27, Baker Hughes, an energy technology company, announced a $50 million investment to support Houston-based Unity Bank, Texas’ only Black-owned banking institution, citing the move as part of its commitment to supplier diversification and advancement of racial equity. The investment, made through a $50 million deposit in J.P. Morgan Asset Management’s Empower share … Read more

Central Bank Welcomes Tariq as Executive Vice President of Commercial Lending

April 9, 2021April 8, 2021 by Neil Ferguson

Houston-based Central Bank has hired Mohammad Tariq to serve as executive vice president of commercial lending. A longtime financial professional who has called Houston home for 35 years, Tariq joined the bank in February. In his new role, he helps to oversee commercial lending practices and general operations, and will play a key role in Central … Read more

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

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