TEXAS BANKING NEWS, PEOPLE and IDEAS
College Station-based American Momentum Bank has launched a formal Energy Finance Division, expanding its commitment to serving companies across Texas’ energy sector and building on the bank’s existing relationships in the industry. American Momentum Bank has long served customers in the sector, particularly upstream oil and gas companies and energy service businesses. “Energy continues to … Read more
On December 1, South Plains Financial Inc. (SPFI), the parent company of Lubbock-based City Bank, announced that it has entered into a definitive merger agreement with Houston-based BOH Holdings Inc. (BOH), the parent company of Bank of Houston, whereby South Plains will acquire BOH in an all-stock transaction valued at approximately $105.9 million. As a … Read more
College Station-based American Momentum Bank has hired Collin Simmons to serve as vice president/commercial relationship manager. He will serve clients in the bank’s Midland/Odessa market. Simmons is an Odessa native who has worked in the banking industry since 2021. Prior to joining American Momentum Bank, he served as a credit analyst for Lone Star State … Read more