Prosperity Bancshares to Acquire Southwest Bancshares, Texas Partners Bank

On October 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and Southwest Bancshares Inc., the parent holding company of San Antonio-based Texas Partners Bank, jointly announced the signing of a definitive merger agreement whereby Prosperity will acquire Southwest Bancshares and Texas Partners Bank. The merger is expected to close during the first … Read more

Lone Star Capital Bank Chair McCandless Announces Retirement

With the pending acquisition of San Antonio-based Lone Star Capital Bank by McAllen-based Rio Bank, B.W. “Bill” McCandless has announced his retirement. He currently serves as chairman of the board and has been an integral part of Lone Star Capital Bank since 2003. McCandless’ distinguished career in banking spans 57 years. He began his journey … Read more