TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that Citizens State Bank, based in Somerville, has applied to acquire Burton State Bank, based in Burton. The TDB reports that The Chasewood Bank, based in Houston, has applied to merge with MergerCo Inc., based in Houston. Home Office Relocations The TDB reports that WestStar Bank has relocated its … Read more
Branches The OCC reports that it has approved an application by Commercial Bank of Texas National Association, based in Nacogdoches, to establish a branch at 321 N. Central Expwy., Ste. 100, in McKinney. The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 3855 … Read more
Conversion The TDB reports that it has approved an application by Texas Capital Bank, based in Dallas, to convert from a national association to a Texas-chartered bank. Branches The OCC reports that Lamar National Bank, based in Paris, has established a branch at 100 Plaza Place, Ste. 100, in Northlake. The agency also reports that … Read more
Every banker has read the sensational headlines of massive funding rounds at almost unfathomable valuations for almost any company with a fintech moniker. They also know the narrative; bankers are greedy and dumb, credit unions are slow and can’t innovate, and morally superior (here again) fintechs are here to disrupt the trillion-dollar financial services industry, … Read more
Branches The OCC reports that it has approved an application by Texas National Bank of Jacksonville, based in Jacksonville, to establish a branch at 704 S. John Reddit Dr. in Lufkin. The OCC reports that Inwood National Bank, based in Dallas, has relocated a branch from 1551 S. Buckner Blvd. in Dallas to 1605 S. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by First United Bank, based in Dimmitt, to acquire First Bank and Trust of Childress, based in Childress. Home Office Relocation The TDB reports that State Bank of Texas has applied to relocate its home office from 11950 Webb Chapel Rd. in Dallas … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to establish a branch at 2726 E. Berry St. in Fort Worth. The bank has also applied to establish a branch at 3814 E. 42nd St. in Odessa. The OCC reports that Lone Star … Read more
Mergers and Acquisitions The OCC reports that The First National Bank of Aspermont, based in Aspermont, has acquired a branch from Vista Bank, based in Dallas. The branch is located at 231 S. Central Ave. in Hamlin. Branches The OCC reports that it has approved an application by Texas Heritage National Bank, based in Daingerfield, … Read more
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has applied to merge with BAT Investments Inc. in Austin. Home Office Relocation The TDB reports that it has approved an application by Susser Bank to relocate its home office from 500 Harwood in Bedford to 100 Crescent Ct., Ste. … Read more
Mergers and Acquisitions The OCC reports that Sunflower Bank National Association, based in Denver, Colorado, has applied to acquire Pioneer Bank SSB, based in Austin. The TDB reports that First United Bank, based in Dimmitt, has applied to acquire First Bank and Trust of Childress, based in Childress. Corporate Title Change The OCC reports that TIB The Independent … Read more