TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Farmers and Merchants Bank, based in De Leon, to acquire Farmers State Bank of Newcastle, based in Newcastle. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Mergers and Acquisitions The OCC reports that Community National Bank & Trust of Texas, based in Corsicana, has applied to acquire Captex Bank, based in Fort Worth. The TDB reports that Farmers and Merchants Bank, based in De Leon, has applied to acquire Farmers State Bank of Newcastle, based in Newcastle.
Mergers and Acquisitions The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to acquire Chasewood Bank, based in Houston. Branches The OCC reports that Amarillo National Bank, based in Amarillo, has applied to establish a branch at 8602 Pineridge Dr. in Amarillo. The OCC reports that Zions Bancorporation … Read more
Mergers and Acquisitions The TDB reports that it has approved applications by First Liberty Bank, based in Liberty, to acquire Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The OCC reports that it has approved an application by VeraBank NA, based in Henderson, to establish a branch … Read more
The Federal Reserve Bank of Dallas has named Christine Docherty vice president and deputy general counsel. She will manage the agency’s legal department and provide regulatory counsel for the bank. She also will be responsible for implementing the strategic direction for the department and overseeing compliance. Docherty joins the Federal Reserve Bank of Dallas from … Read more
James Hill, former Texas banker and current director of the Neeley Center for Real Estate at Texas Christian University in Fort Worth, has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve the remaining portion of an unexpired term ending December 31, 2024, and provide … Read more
On April 24, Texas Banking Commissioner Charles G. Cooper announced that Abilene-based First Financial Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating under its new charter as First Financial Bank on April 23. In 1889, First Financial Bank was originally chartered as … Read more
The Federal Reserve Bank of Dallas has appointed Matt Tower vice president and assistant general auditor. He will work with the bank’s general auditor to establish strategic priorities for the audit department and oversee the development and execution of the audit plan. Tower joined the Dallas Fed in 2021 as assistant vice president of the … Read more
On April 24, the Federal Deposit Insurance Corporation (FDIC) announced four new members of its minority depository institutions (MDI) subcommittee to the advisory committee on community banking. Arturo “Art” Ortega, chairman and CEO of Alamo-based Freedom Bank, is one of the four named to the subcommittee, along with John Tom Anderson, president and CEO of … Read more
On March 13, Texas Banking Commissioner Charles G. Cooper announced that Humble-based Third Coast Bank SSB has completed its conversion to a Texas state-chartered bank from a state savings bank. The bank, a wholly owned subsidiary of Third Coast Bancshares Inc., was originally chartered in 2008 and enters the Texas Department of Banking’s portfolio with … Read more