TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 6, Cincinatti-Ohio-based Fifth Third Bancorp and Dallas-based Comerica Inc. announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. This transaction brings together two long-tenured banking franchises to create the ninth largest U.S. bank with approximately $288 billion … Read more
Employees of College Station-based American Momentum Bank volunteered their time this spring to support the Junior Achievement of the Permian Basin’s JA Economics for Success program. Ten bank employees volunteered at Midland’s Franks Elementary School in March, where they worked with sixth-grade students to teach practical information about personal finance. “We believe that financial education … Read more
Minnesota-based Deluxe, a payments and business technology company that serves many community banks in Texas, has received an Emmy nomination for its reality series Small Business Revolution. The program focuses on Deluxe’s small-business expertise to boost struggling small businesses, giving them the tools and solutions to survive and grow. The nomination from the National Academy … Read more