TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Forbes has released its 15th annual list of “America’s Best Banks,” with numerous companies headquartered in Texas making the cut. Of the 100 banks on the list, eight are based in the Lone Star State. Here are the Texas-based 2024 “America’s Best Banks” (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks: … Read more
Forbes has released its fifth annual list of the “World’s Best Banks,” with numerous banks headquartered and/or doing business in Texas making the cut. Of the 75 banks based in the U.S., at least 16 of them operate in the Lone Star State. San Antonio-based USAA Federal Savings Bank topped the list of U.S.-based banks. … Read more
Longtime Texas banker and distinguished retired military leader Col. Ervan Zouzalik passed away peacefully on November 4 in Flatonia. He was 86. He served on active duty in the U.S. Army for 24 years before launching a successful banking career in the 1980s. In 1960, Zouzalik graduated from Texas A&M University as part of the … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more