TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Happy State Bank, based in Happy, to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Peoples Bank, based in Lubbock, has acquired First Bank & Trust, based in Seymour. Branches The OCC reports that Amarillo National Bank, … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Commercial Bank of Texas National Association, based in Nacogdoches, has acquired a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. … Read more
Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Lone Star Capital Bank National Association, based in San Antonio, to acquire Business Bank of Texas National Association, based in Austin. Branches The OCC reports that it has approved an application by Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, to establish a … Read more
On October 20, Houston-based Agility Bank (in organization) announced that the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have given conditional approval for its application to launch and operate a predominately digital community bank that is primarily owned and led by women. Agility Bank will begin raising $30 million in … Read more
If COVID-19 and an economic recession are not enough for you to deal with, here’s another regulatory issue that continues to loom over all banks—the Community Reinvestment Act. CRA Exams. First, CRA examinations and release of exam results continue. Lists of banks up for their exam are posted. These should be “virtual” exams in keeping … Read more
Dallas-based American Bank has added Zane Smith to its executive team as executive vice president of credit and risk management. He brings more than 10 years of banking and regulatory experience to the new position. Smith spent eight years with the Office of the Comptroller of the Currency (OCC), where he served as associate national … Read more