TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On February 19, Henderson-based VeraBank announced that it will be opening a new location in Brenham this summer. The new full-service branch, located at 2690 Becker Dr., will be VeraBank’s first in Washington County and fourth in Southeast Texas. “We’re eager to expand our reach and plant roots in Brenham,” says Brad Tidwell, CEO. “We … Read more
Terry Richter has been named chief executive officer of Cameron-based Classic Bank. He has been serving as interim CEO since December 2023. Richter retired from the Office of the Comptroller of the Currency (OCC) in 2021 with more than 35 years of experience. He served in a wide variety of roles at the OCC, including … Read more
On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 … Read more