TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
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.
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
Linda Somerville, vice president of marketing at Fredericksburg-based Security State Bank & Trust is retiring at the end of the month after 30 years at the bank and 37 years in banking. She led the marketing efforts of the bank’s 16 branches from her office in Kerrville. In retirement, she plans to spend more time on … Read more