TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On February 23, Texas Gulf Bancshares Inc., the parent company of Texas Gulf Bank NA, announced the appointment of Steve Thompson as president and chief executive officer of the bank. He will focus on accelerating the bank’s growth across its core footprint in Harris, Galveston and Brazoria counties. Thompson succeeds James F. Brown Jr., who … Read more
On February 2, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the completion of the merger of Southwest Bancshares Inc. with and into Prosperity and the merger of Southwest’s wholly owned subsidiary, San Antonio-based Texas Partners Bank, with and into Prosperity Bank. Brent Given, Texas Partners interim chairman, president and chief … Read more
On January 28, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, and Stellar Bancorp Inc., the parent holding company of Houston-based Stellar Bank, announced the signing of a definitive merger agreement whereby Prosperity will acquire Stellar and Stellar Bank. Established in 2007, Stellar Bank operates 52 banking offices in greater Houston, Beaumont … Read more
To recognize banks (and credit unions) making a meaningful difference, Newsweek and Plant-A Insights Group have published “America’s Best Regional Banks and Credit Unions 2026.” The methodology utilized the Texas Ratio (a measure of a bank’s credit quality), as well as reviewed profitability and net loans and leases, press coverage over the past two years, … Read more
Galveston-based Moody Bank has hired James Sanders to serve as vice president and commercial banking officer at the company’s energy corridor banking center on N. Eldridge Pkwy. With more 15 years in commercial banking and lending, his experience includes positions at major national and regional financial institutions. Earlier this month, the bank also announced the … Read more
Galveston-based Moody Bank has hired Jason Sanders to serve as senior vice president/commercial banking officer. Originally from Indiana, he joins the bank’s energy corridor banking center at 850 N. Eldridge Pkwy. in Houston after more than 20 years with several leading national and regional banks. Prior to joining Moody Bank, Sanders was a banking center … Read more
On October 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and Southwest Bancshares Inc., the parent holding company of San Antonio-based Texas Partners Bank, jointly announced the signing of a definitive merger agreement whereby Prosperity will acquire Southwest Bancshares and Texas Partners Bank. The merger is expected to close during the first … Read more
The Texas Tech School of Banking recently completed its 2025 session. Banking professionals from across Texas and three other states convened at Rawls College of Business on the campus of Texas Tech University in Lubbock for the program. Established in 1973, the school offers a blend of traditional academic coursework and interactive lecture sessions hosted … Read more
The July 4 and 5 flash floods across Central Texas—particularly along the Guadalupe River in the Hill Country—resulted in more than 135 deaths, a handful of people still missing and catastrophic financial impacts in the multi-billion-dollar range, with some estimates between $18 and $22 billion. Texas banks rallied immediately to help in the aftermath of the … Read more
On July 18, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and American Bank Holding Corp., the parent holding company of Corpus Christi-based American Bank NA, jointly announced the signing of a definitive merger agreement whereby Prosperity Bancshares will acquire American Bank Holding Corp. and American Bank. The merger has been unanimously approved … Read more