TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
El Campo-based Prosperity Bank has appointed Mike Marshall West Texas area chairman. He has 31 years of banking experience and has been with Prosperity Bank for 22 years. Marshall oversees 34 banking centers across West Texas and serves on the bank’s management committee, West Texas loan concurrence committee and 401k committee. In addition, he chairs the … Read more
Houston-based Prosperity Bank recently announced the promotion of Brent Hoffman to Lubbock regional president. He previously served as banking center president. Hoffman has 34 years of banking experience in Lubbock, 14 of which have been with Prosperity Bank. Hoffman earned his bachelor’s degree in finance from Texas Tech University. Active in his community, he has … 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
El Campo-based Prosperity Bank, the City of Lubbock and Lubbock ISD are partnering for the 18th-annual American Tribute Flag Field. The flags are flying from September 11 to September 18 at Kastman Park, located at Lynnhaven Dr. and South Loop 289 in Lubbock. The flag field tribute serves as a remembrance of the lives lost … Read more