TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
San Antonio-based Frost Bank announced on August 9 the appointment of a new San Antonio region president to succeed Marvin Rickabaugh, who will retire at the end of this year. Dan Geddes, the sales manager in Frost Bank’s Houston region commercial real estate group, has been appointed the new region president and will work with … Read more
Mergers and Acquisitions The OCC reports that The First National Bank of Aspermont, based in Aspermont, has acquired a branch from Vista Bank, based in Dallas. The branch is located at 231 S. Central Ave. in Hamlin. Branches The OCC reports that it has approved an application by Texas Heritage National Bank, based in Daingerfield, … Read more
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has applied to merge with BAT Investments Inc. in Austin. Home Office Relocation The TDB reports that it has approved an application by Susser Bank to relocate its home office from 500 Harwood in Bedford to 100 Crescent Ct., Ste. … Read more
Mergers and Acquisitions The OCC reports that Sunflower Bank National Association, based in Denver, Colorado, has applied to acquire Pioneer Bank SSB, based in Austin. The TDB reports that First United Bank, based in Dimmitt, has applied to acquire First Bank and Trust of Childress, based in Childress. Corporate Title Change The OCC reports that TIB The Independent … Read more
Conversions The TDB reports that Ozona National Bank, based in Ozona, has converted to a Texas state-chartered bank under the name Ozona Bank. Home Office Relocation The TDB reports that Susser Bank has applied to relocate its home office from 500 Harwood in Bedford to 100 Crescent Ct., Ste. 575, in Dallas. Branches The OCC reports that Commercial … Read more
Mergers and Acquisitions The TDB reports that Roscoe State Bank, based in Roscoe, has applied to merge with Cornerstone Home Lending, based in Houston, under the name Cornerstone Capital Bank SSB. The OCC reports that it has approved an application by First National Bank of Aspermont, based in Aspermont, to purchase a branch from Vista Bank, based … Read more
Dallas-based Susser Bank recently announced its leadership team to serve San Antonio, Austin and the South Texas region. The team is unique in that three of the individuals are San Antonio natives and have served together for two decades in the banking industry. The new team members include Steve Edlund, San Antonio market executive; Adam Carr, … Read more
On June 21, San Antonio-based Frost Bank opened its Cypress Crossing financial center, the last of 25 new branches opened since the company announced a regional expansion plan in 2018. Frost Bank operates 154 financial centers across Texas, including 53 in the Houston region. While the current expansion program may be complete, the bank is … Read more
Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a branch at 5440 El Dorado Blvd. in Houston. The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2726 E. Berry St. in Fort Worth. … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has completed its acquisition of First National Bank of Tahoka, based in Tahoka.