TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Home Office The TDB reports that it has approved an application by WestStar Bank, based in El Paso, to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that it has approved an application by Austin Bank National Association, based in Jacksonville, … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 3311 E. Broad St., Ste. 101, in Mansfield; 3630 W. University Dr. in McKinney; and 4001 Matlock Rd. in Arlington. The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to … Read more
Branches The OCC reports that Newfirst National Bank, based in El Campo, has applied to relocate a branch from 609 N. Wells in Edna to 711 N. Wells in Edna. The TDB reports that Frost Bank, based in San Antonio, has established a branch at 2982 Fulton St. in Houston. The TDB reports that it has approved an application by Alliance … Read more
On May 26, Birmingham, Alabama-based BBVA USA announced the opening of 11 new branches across five Texas markets, marking a major milestone in an endeavor first announced in June 2020. The branches, which opened in early May, feature updated models aligned with the bank’s vision of integrating both a digital and face-to-face branch banking experience … Read more
Dallas-based PlainsCapital Bank has hired Derrich Rodriguez to serve as senior vice president and senior commercial loan officer with the San Antonio lending group. A longtime resident of San Antonio, Rodriguez has two decades of banking experience in the area. He joins PlainsCapital Bank from Amegy Bank, where he served as senior vice president of … Read more
Home Office The TDB reports that WestStar Bank, based in El Paso, has applied to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that Texas Republic Bank National Association, based in Frisco, has established a branch at 1212 S. Preston Rd., … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Happy State Bank, based in Happy, to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Peoples Bank, based in Lubbock, has acquired First Bank & Trust, based in Seymour. Branches The OCC reports that Amarillo National Bank, … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Commercial Bank of Texas National Association, based in Nacogdoches, has acquired a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. … Read more
Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more