TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
San Antonio-based Broadway Bank recently announced the hiring of Blake Absher as executive vice president and Austin market executive to spearhead strategic growth in Central Texas. The bank entered the market in 2012 and currently has seven locations in Austin and the surrounding area, and it’s positioned to expand services and hire more talent in 2021. Regional expansion … Read more
Pawhuska, Oklahoma-based Blue Sky Bank recently expanded into Texas with the opening of its San Antonio branch on January 21. The new branch, located at 13750 San Pedro Ave., Ste 275, is the bank’s seventh, and its first location in Texas. “The expansion represents Blue Sky Bank’s dedication to serving entrepreneurs and their local businesses … Read more
On December 17, Gerald “Gerry” Schwebel, executive vice president at Laredo-based IBC Bank, was presented the Asociación de Empresarios Mexicanos (AEM) San Antonio Legacy Award. The AEM San Antonio Legacy Award recipient is selected by the AEM board of directors to recognize a local business leader who has demonstrated continuous support of the association and … Read more
San Antonio-based Lone Star Capital Bank NA has entered into a purchase-and-assumption agreement for substantially all of the assets, deposits and certain other liabilities of Austin-based Business Bank of Texas NA. The acquisition is expected to be completed early in the second quarter of 2021. Established in 2007, Business Bank of Texas has total assets of … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
San Antonio-based USAA Federal Savings Bank is adding to its senior leadership team. In late October, the company announced two senior leadership additions focused on protecting members from fraud, driving technological capabilities and leveraging member data. Dave Gordon recently joined USAA Federal Savings Bank as senior vice president, chief technology and data officer, overseeing teams responsible … Read more
On October 21, San Antonio-based Southwest Bancshares Inc., the bank holding company for The Bank of San Antonio, closed its merger of three affiliated banks, creating a unique Central Texas banking franchise. In connection with the closing of the transaction, Capitol of Texas Bancshares, the holding company for The Bank of Austin, and Texas Hill … Read more
San Antonio-based Lone Star Capital Bank , Bank of San Antonio and Broadway Bank have been selected as three of the “Top Workplaces” for 2020 by the San Antonio Express-News. This year’s recipients were announced during a virtual event on October 8, as well as featured in a Top Workplaces publication issued by the Express-News. … Read more
Nine Texas bankers have been selected to receive the second annual Texas Bankers Foundation’s Emerging Leader Award. The award was created last year by the Texas Bankers Foundation in partnership with the Texas Bankers Association Bank Leadership Council to honor bankers who have had a positive impact in the Texas banking industry and are expected to … Read more
In mid-July, San Antonio-based Broadway Bank announced the retirement of longtime senior vice president and community reinvestment manager Jeannette Flores Westbrook. After a 46-year career that began in 1974, she rose through the ranks at Broadway Bank in various capacities and developed legacy programs that will continue beyond her retirement. “We are very appreciative for … Read more