TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 14, Wrey Montgomery, CEO and president of City National BancShares Inc., the holding company for The City National Bank of Colorado City, and Michael R. Davis, CEO of Big Country Bancshares Inc., the holding company for Citizens Bank NA, announced that a definitive agreement has been executed in which City National BancShares Inc. … Read more
On March 13, First National Bank of Eldorado announced that it is changing its name to Lone Oak Bank. The transition marks a significant step forward as the bank expands its reach. “For generations, we have been honored to serve our customers with personal, community-driven banking,” says Mason Vaughan, president and CEO. “As Lone Oak … Read more
San Angelo-based Texas Bank recently announced two promotions. Grant Wilde has been promoted to assistant vice president of trust. Prior to joining Texas Bank, he served for four years as a computer science instructor at Angelo State University. He holds a double-major degree in mathematics and computer science from Angelo State University and earned his … Read more
Mergers and Acquisitions The OCC and TDB report that SouthState Bank NA, based in Winter Haven, Florida, has completed its acquisition of Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that Columbus State Bank, based in Columbus, has completed its merger with Hill Bank & Trust Co., based in Weimar. Branches The … Read more
Branches The TDB reports that Wallis Bank, based in Wallis, has established a branch at 4805 E. Sam Houston Pkwy., Ste. 100, in Pasadena. The TDB reports that it has approved an application by Texas Bank, based in Henderson, to establish a branch at 7680 Preston Rd. in Frisco.
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established the following branches: 9324 Summer Creek Dr. in Fort Worth and 1055 Market Way Rd. in Argyle. The agency also reports that it has received applications by JPMorgan Chase Bank to establish the following branches: at the southeast corner of … Read more
San Angelo-based Texas Bank announced two promotions in April. Cindy Ringer has been promoted from senior vice president/cashier to executive vice president/cashier at the bank’s main branch. She recently celebrated her 25th year with Texas Bank. She joined the bank as a branch manager in 1998, was promoted to vice president in 2014, then to … Read more
The First National Bank of Ballinger recently appointed Reed Williams to its board of directors. He has served in the banking industry for nearly 15 years. In addition to his recent appointment, Williams serves as president and CEO of Brady National Bank and is a member of that bank’s board. Williams also sits on the … Read more
On January 4, IT managed service provider Integris announced that it has purchased San Angelo-based CalTech, a community-banking-focused IT managed service provider with offices in Texas and Kansas. This marks Integris’ third acquisition in less than six months, accelerating tremendous growth for the company and its national footprint. With CalTech, Integris now has more than … Read more
The Texas Tech School of Banking recently completed its 2022 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