TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
McKinney-based Independent Financial opened a new permanent Denison financial center in early January, replacing the former location that was among the buildings destroyed two years ago by the fire in historic downtown Denison. The new financial center is located at 900 S. U.S. Highway 75, just minutes from downtown. The branch opened on January 10, with … Read more
Texas City-based Texas First Bank has announced plans to open a new full-service banking center in Beaumont in January 2022. The location—at 6363 Phelan Blvd., just east of Dowlen Rd.—will be the 27th banking center in the family-owned and operated Texas First Bank network. The Beaumont team will include Michelle Bowen, banking center manager (transferring … Read more
Durant, Oklahoma-based First United Bank held the grand opening of its fifth location in Austin on October 26. The new location at 8701 FM 2244, Bldg. 1, Ste. 100, in the Seven Oaks area offers commercial real estate, commercial/retail banking, investments and insurance, and mortgage services. It joins the four established First United Bank locations … Read more
In October, real estate appraisal and consulting firm Stouffer & Associates LLP announced the expansion of its property valuation services into the Houston and Dallas/Fort Worth markets. With existing offices in San Antonio, Austin and Boerne, Stouffer is now equipped to provide appraisal services throughout Texas. “We have been blessed with a great group of … Read more
Harlingen-based Texas Regional Bank recently announced an expansion into the Houston market with a banking center located at 9821 Katy Fwy., Ste. 101. Longtime Houston bankers Gregg Booth and Lewis Gissel will be responsible for growing and developing opportunities and and the bank’s presence in the Bayou City. The two worked together previously at Texas … Read more
The Bank of Austin is scheduled to open its second financial center near downtown Austin. The Hartland Plaza location at 1717 W. 6th St., Ste. 110, will open during the fourth quarter of 2021. Near well-established neighborhoods, the new location is within five minutes of the city’s Tarrytown and Pemberton neighborhoods. It is also 10 … Read more
Laredo-based Falcon Bank opened its newest location in Zapata on August 30. The full-service branch, located at 134 S. U.S. Hwy. 83, was acquired from Roma-based Citizens State Bank. “This transaction provides us the opportunity to service our existing customer base and further expand our market share in the Zapata community,” Gilbert Narvaez Jr., president … Read more
In early August, Longview-based Texas Bank and Trust announced the opening of its new Flower Mound branch. Full-service banking at the new facility, located at 737 International Pkwy., Ste. 150, will begin on August 16. Jeremiah Hansen (pictured above) will lead the team as Flower Mound market president. Joining him in the new branch will … Read more
With the announcement of a new full-service location in Round Rock, Elgin-based Frontier Bank of Texas continues to grow its footprint and strengthen the bank’s position in Williamson County. The planned expansion will include the renovation of an existing property on O’Connor Dr. When completed, the Round Rock facility will feature a customer lobby, drive-up … Read more
On June 21, San Antonio-based Frost Bank opened its Cypress Crossing financial center, the last of 25 new branches opened since the company announced a regional expansion plan in 2018. Frost Bank operates 154 financial centers across Texas, including 53 in the Houston region. While the current expansion program may be complete, the bank is … Read more