TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Pascal Desroches has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term starting January 1, 2024. In his role as a Dallas Fed board member, Desroches will provide insight into the region’s economy in support of the Federal Reserve’s monetary policy function. Desroches … Read more
On August 2, the Federal Reserve Bank of Kansas City’s (Kansas City Fed) board of directors announced that Jeffrey R. Schmid, president and CEO of the SW Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business, has been appointed president and CEO of the Kansas City Fed, effective August 21. Schmid … Read more
San Antonio-based Jefferson Bank announced that Carter Smith has been appointed to the bank’s board of directors. He will be responsible for providing independent oversight and governance to the institution and will also serve as a member of the audit committee, as well as the board’s oil and gas committee. Smith served as executive director at … Read more
On March 2, Laredo-based Commerce Bank announced that Ignacio Urrabazo Jr., president and CEO, has been appointed to the Consumer Financial Protection Bureau (CFPB) Community Bank Advisory Council (CBAC). In this role, he will provide valuable insights and recommendations on various consumer financial issues, including lending practices, consumer protection and regulatory compliance. The CBAC, composed … Read more
The board of directors of the Federal Reserve Bank of Dallas’ Houston branch has elected Ruth Simmons chair and Cynthia Colbert chair pro tem for 2023. Simmons joined the Houston branch board in 2020. She is president of Prairie View A&M University. Previously, she was president and professor of comparative literature and Africana studies at … Read more
The board of directors of the Federal Reserve Bank of Dallas’ El Paso branch has elected Sally Hurt-Deitch chair and Tracy Yellen chair pro tem for 2023. Hurt-Deitch joined the El Paso branch board in 2018. She is the executive vice president of nursing and operations infrastructure for Ascension. She also has served at Tenet Healthcare … Read more
The Federal Reserve Board of Governors has re-appointed Thomas J. Falk of Dallas as chair and Claudia Aguirre of Houston as deputy chair of the Federal Reserve Bank of Dallas board of directors for 2023. Falk joined the Dallas Fed board in 2019 and was appointed chair in 2022. He is the retired chairman and … Read more
On December 31, 2022, Charles G. Cooper, commissioner of the Texas Department of Banking, completed his third consecutive two-year term serving on the Conference of State Bank Supervisors (CSBS) Financial Stability Oversight Council (FSOC). The CSBS has appointed Adrienne A. Harris, superintendent of the New York State Department of Financial Services, to succeed Cooper. Title … Read more
The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve as the state banking representative on the Financial Stability Oversight Council (FSOC). This is his third consecutive term as the state banking representative. “In today’s dynamic environment, regulatory coordination is critical for a safe and well-functioning financial system. Commissioner Cooper … Read more
On June 27, Texas Governor Greg Abbott announced the appointment of Marty Green, principal at the law firm Polunsky Beitel Green (PBG), to the Finance Commission of Texas, the body that regulates the state’s consumer credit, banking and mortgage lending activity. Widely recognized as one of the nation’s foremost legal authorities on residential mortgage lending, … Read more