TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that Sunflower Bank, based in Denver, Colorado, has completed its acquisition of Pioneer Bank, based in Austin. Branches The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to establish a branch at 107 Old River Rd. in Montgomery. The TDB reports that … Read more
For the 13th consecutive year, Frost Bank has received the highest ranking in customer satisfaction in Texas, according to the J.D. Power 2022 U.S. Retail Banking Satisfaction Study. The study ranked banks doing business in Texas, including regional and large banks. With an overall satisfaction index score of 755—89 points higher than the Texas region average—Frost … Read more
San Antonio-based Broadway Bank announced that Rick Timmins has been elected chairman of the board of directors, effective April 1. The Austin-based business leader has served on the bank’s board since 2017 and is board chair of the Central Texas Angel Network. “We are honored to have Rick’s leadership as Broadway continues down the path … Read more
Mergers and Acquisitions The OCC reports that Home Bank National Association, based in Lafayette, Louisiana, has completed its acquisition of Texan Bank National Association, based in Houston. The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Insured Sweep LLC, based in New York, New York. StoneCastle Insured Sweep is … Read more
Mergers and Acquisitions The TDB reports that MapleMark Bank, based in Dallas, has applied to merge with Oakwood Bank, based in Dallas. The TDB reports that Wallis Bank, based in Wallis, has applied to establish a branch at 3350 Steve Reynolds Blvd. in Duluth, Georgia. Home Offices The TDB reports that Capital Bank of Texas … Read more
Charters The TDB reports that Houston Bank of Commerce & Trust, based in Houston, has applied for a state bank charter. Mergers and Acquisitions The OCC reports that it has approved an application by Sunflower Bank National Association, based in Denver, Colorado, to acquire Pioneer Bank SSB, based in Austin. Branches The OCC reports that … Read more
On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more
Branches The OCC reports that American National Bank & Trust, based in Wichita Falls, has established a branch at 5310 Forest Lane in Dallas. The OCC reports that VeraBank National Association, based in Henderson, has applied to establish a branch at 1695 N. U.S. Hwy. 183 in Leander. The TDB reports that American State Bank, … Read more
In preparation for its strategic expansion in 2022 and beyond, San Antonio-based Broadway Bank announced the appointment of three new members to its board of directors: Hitesh “Hi” Leva, chief revenue officer at San Antonio-based Enflux, an on-demand edtech assessment and accreditation platform; Julia R. Reinhart, senior vice president and chief human resources officer at … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank NA, based in Sioux Falls, South Dakota, to establish a branch at 7900 Woodbridge Pkwy. in Sachse. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the … Read more