TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more
San Antonio-based Polunsky Beitel Green LLP, one of Texas’ leading law firms representing mortgage lenders, has announced that Stacey Maisano, director of business development, has been elected to the Texas Mortgage Bankers Association (TMBA) board of directors. In this role, she will help TMBA fulfill its mission to provide leadership, legislative advocacy and education to … Read more
Mergers and Acquisitions The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Cash Insured Sweep LLC (interLINK platform), based in New York, New York. Branches The OCC reports that U.S. Bank NA, based in Cincinnati, Ohio, has established a branch at 15110 N. Dallas Pkwy. in Dallas. The OCC … Read more
Conversions The TDB reports that The National Bank of Texas at Fort Worth, based in Fort Worth, has converted to a state banking association under the new name NBT Financial Bank. 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
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 1895 University Dr. in Frisco. The OCC reports that it has approved an application by First National Bank Albany/Breckenridge, based in Albany, to establish a branch at 2307 E. Hubbard in Mineral Wells. The … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has applied to acquire Crockett National Bank, based in San Antonio. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state bank charter under the name First Liberty Bank. Branches The OCC … Read more
Dallas-based Comerica Bank has announced that Vickie Cohn will lead its Central and South Texas retail team, replacing Theresa Bazan, who recently was promoted to national sales enablement director for consumer and small business banking. In this senior vice president role, Cohn will be responsible for the development and leadership of the Austin, Kerrville, Houston and … Read more
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has applied to acquire TexStar National Bank, based in Universal City. The OCC reports that The Commercial National Bank of Brady, based in Brady, has completed its acquisition of a branch from Anthem Bank & Trust, based in Plaquemine, Louisiana. The … Read more
Mergers and Acquisitions The OCC and the TDB report that The First National Bank of Kemp, based in Kemp, has completed its acquisition of First State Bank, based in Rice. The TDB reports that Texas Regional Bank, based in Harlingen, has completed its acquisition of AccessBank Texas, based in Denton. The TDB reports that it … Read more
Conversions The TDB reports that Bank of Houston NA, based in Houston, has converted to a state charter as Bank of Houston. The TDB reports that it has approved an application by The National Bank of Texas at Fort Worth, based in Fort Worth, to convert to a state charter as NBT Financial Bank. Branches … Read more