TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Cash Insured Sweep LLC (interLINK platform), based in New York, New York. Branches The OCC reports that U.S. Bank NA, based in Cincinnati, Ohio, has established a branch at 15110 N. Dallas Pkwy. in Dallas. The OCC … Read more
Conversions The TDB reports that The National Bank of Texas at Fort Worth, based in Fort Worth, has converted to a state banking association under the new name NBT Financial Bank. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 1895 University Dr. in Frisco. The OCC reports that it has approved an application by First National Bank Albany/Breckenridge, based in Albany, to establish a branch at 2307 E. Hubbard in Mineral Wells. The … Read more
On July 20, Chad Alexander, south region president of Lubbock-based FirstBank & Trust, announced the recent promotion of Jessica Chavez to business banker. Chavez will office at the bank’s Odessa location at 7281 Tres Hermanas Blvd. “Jessica has been an integral member of the FBT team for many years and she has shown a talent … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has applied to acquire Crockett National Bank, based in San Antonio. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state bank charter under the name First Liberty Bank. Branches The OCC … Read more
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has applied to acquire TexStar National Bank, based in Universal City. The OCC reports that The Commercial National Bank of Brady, based in Brady, has completed its acquisition of a branch from Anthem Bank & Trust, based in Plaquemine, Louisiana. The … Read more
Mergers and Acquisitions The OCC and the TDB report that The First National Bank of Kemp, based in Kemp, has completed its acquisition of First State Bank, based in Rice. The TDB reports that Texas Regional Bank, based in Harlingen, has completed its acquisition of AccessBank Texas, based in Denton. The TDB reports that it … Read more
Odessa-based SouthWest Bank has announced the creation of its new oil and gas department and the appointment of two new employees—Richard Davis Browning II and Wes Webb—as the bank looks to provide specific support to a major industry in the region. Webb has been hired to serve as senior vice president/commercial lender. He has more … Read more
Conversions The TDB reports that Bank of Houston NA, based in Houston, has converted to a state charter as Bank of Houston. The TDB reports that it has approved an application by The National Bank of Texas at Fort Worth, based in Fort Worth, to convert to a state charter as NBT Financial Bank. Branches … Read more
Mergers and Acquisitions The TDB reports that Allegiance Bank, based in Houston, has applied to merge with Community Bank of Texas NA, based in Beaumont. The combined bank will be called Stellar Bank. Name Change and Home Office Relocation The TDB reports that Capital Bank of Texas has changed its name to PrimeBank of Texas. … Read more