TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Prosperity Bank, based in El Campo, to acquire Lone Star State Bank of West Texas, based in Lubbock. Conversions The TDB reports that Third Coast Bank, based in Humble, has converted from a state savings bank (as Third Coast Bank SSB) to … Read more
Branches The OCC reports that Woodforest National Bank, based in The Woodlands, has established a branch in the HEB at 16000 Woodland Hills Dr. in Humble. The OCC reports that it has approved applications by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish the following branches: at the southwest corner of State Hwy. … Read more
Branches The OCC reports that it has approved an application by The First National Bank of Sonora, based in Sonora, to establish a branch at 205 Exchange Blvd. in Hutto. The OCC reports that National Bank & Trust, based in La Grange, has applied to establish a branch at 4401 S. Staples St. in Corpus … Read more
On March 1, San Antonio-based Frost Bank announced that it has reached an agreement in principle for a major sponsorship totaling $1 million to support the redevelopment of the Alamo. The sponsorship will support the revitalization and improvement of the Alamo’s historic buildings and grounds, delivering an updated experience to the 1.6 million guests visiting … Read more
Branches The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has applied to establish a branch at 2620 N. Travis, Ste. 200, in Sherman. The TDB reports that it has approved an application by Veritex Community Bank, based in Dallas, to establish a branch at 4660 Sweetwater Blvd. in Sugar Land. … Read more
Bank Charters The OCC reports that it has approved an application by FundBank NA, based in Austin, to establish a bank charter. Branches The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a branch at 1620 W. Church St. in Livingston. The OCC reports that … Read more
San Antonio-based Frost Bank received 34 Greenwich Excellence and Best Brand Awards—the highest amount received nationwide for the eighth consecutive year—for providing superior service, advice and performance to small-business and middle-market banking clients. As in previous years, Frost Bank is the only Texas-based bank to receive national recognition for “Overall Satisfaction” and “Likelihood to Recommend” … Read more
Name Changes The TDB reports that Fort Davis State Bank, based in Fort Davis, has changed its name to Maverick Bank. Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish the following branches: the southwest corner of State Hwy. 46 W and Bulverde Crossing in Spring Branch … Read more
Branches The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has established a branch at 19415 Gulf Fwy. in Webster. The OCC reports that it has approved applications by Woodforest National Bank, based in The Woodlands, to establish the following branches: in the HEB at 24924 Morton Ranch Rd. in Katy and in … Read more
The board of directors of Cullen/Frost Bankers Inc., the holding company for San Antoino-based Frost Bank, has announced that Hope Andrade, former Texas secretary of state, has been elected to the board. She will join the board’s audit and risk committees. “[Andrade] is a longtime Texas entrepreneur and leader with a wealth of knowledge about … Read more