TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 30, Texas Banking Commissioner Charles G. Cooper announced that Yoakum-based Yoakum National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Under its new charter, the bank will begin operating as Yoakum Bank. The bank, a wholly owned subsidiary of Yoakum National Bancshares Inc., was originally chartered … Read more
On June 5, Houston-based USV Bancorp Inc. announced that it has entered the final phase of its capital raising efforts to establish the first Vietnamese/American minority-owned bank in Houston. USV Bancorp notes that this milestone marks the culmination of a vision more than 50 years in the making. Founded in 2023, USV Bancorp is a … Read more
On November 21, Charles G. Cooper, commissioner of the Texas Department of Banking, announced that Arlington-based Worthington National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Effective November 21, the new charter will begin operating under the name Worthington Bank. Originally chartered in 2002, Worthington Bank is a … Read more