TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On July 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, announced the completion of the merger of Stellar Bancorp Inc. with and into Prosperity and the merger of Stellar’s wholly owned subsidiary, Houston-based Stellar Bank with and into Prosperity Bank. Robert R. Franklin Jr., Stellar’s CEO and Stellar Bank’s executive chairman, joined … 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
The Texas Bankers Association (TBA) recently announced the elected board of directors for its 2025–26 fiscal year. The officers’ terms run from June 1, 2025, through May 31, 2026. Ron Butler, executive vice president and chief administrative officer of Abilene-based First Financial Bank NA, has been named TBA chairman. The new vice chair is William … Read more