Houston-based Cornerstone Capital Bank to Acquire West Texas-based Peoples Bank

On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more

Love Joins Peoples Bank as Branch President and Commercial Lender in Princeton

On August 13, Matthew Knies, North Texas market president for Lubbock-based Peoples Bank, announced the addition of Reggie Love to the team. He will serve as branch president and commercial lender at the bank’s Princeton location. Love has been in banking for 22 years serving in many capacities. He earned a bachelor’s degree from Centenary College … Read more

Knies Promoted to Princeton Branch President for Peoples Bank

Larry Allen, Lubbock-based Peoples Bank CEO and chairman, has announced the promotion of Matthew Knies. He will serve as branch president at the bank’s Princeton location. Knies has been with Peoples Bank for eight months and in the banking industry for more than five years. Knies received his BBA degree with concentrations in finance and … Read more