TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On June 18, Corsicana-based Community National Bank & Trust of Texas announced the acquisition of Fort Worth-based CapTex Bank. The acquisition expands Community National Bank and Trust’s footprint to 18 branches across Texas with the addition of five locations in Fort Worth, Bonham, Leonard, Melissa and Trenton. Established in 1901 as the First National Bank … Read more
Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced that it has signed a definitive agreement to acquire Roscoe-based Roscoe State Bank. These two family-owned companies with nearly 150 years in business will combine to create an organization holding approximately $2 billion in assets and more than $300 million in equity … Read more
On June 4, Caroline Jones, commissioner of the Texas Department of Savings and Mortgage Lending, announced her retirement, effective August 31. She joined the department in 2008 and was appointed commissioner in 2014. Prior to joining the Department of Savings and Mortgage Lending, Jones served as in-house counsel for financial institutions for more than 20 years. Her … Read more