TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more
Henderson-based VeraBank has hired Will Metcalf to serve as business development officer at its Conroe branch. Joining the team in July, he brings 18 years of experience in the banking industry. A longtime Conroe resident and public servant, Metcalf has served in the Texas House of Representatives since 2015 and remains actively involved in both … Read more
On August 26, San Antonio-based Broadway Bank announced a comprehensive leadership realignment “designed to strengthen the organization’s operational foundation and enhance responsiveness to evolving client needs.” The strategic restructuring includes key promotions and expanded leadership roles. The bank announced the addition of two new executive vice presidents to its leadership team: Chris Fausto has been … Read more
Two associates at Jacksonville-based Austin Bank received promotions in July and the bank announced a new hire. Sandy McCafferty has been hired as senior vice president and retail market manager. She joins Austin Bank after serving 20 years with Capital Bank in Houston, where she was senior vice president/regional banking center manager. Prior to that … Read more
William L. “Billy” Mullins, senior executive vice president, chief risk officer and director at Jacksonville-based Austin Bank, announced his retirement after a banking career spanning 51 years, effective July 17. Mullins started his banking career in 1974 as an assistant national bank examiner for the Office of the Comptroller of the Currency (OCC). In 1979, … Read more
Jeff Austin III, chairman of Jacksonville-based Austin Bank, has announced promotions of three executives within the organization. Jason Petersen has been named chief credit officer. A current member of the executive committee and a senior executive vice president, Petersen will move from the role of chief lending officer to chief credit officer following the retirement of … Read more
On May 28, San Antonio-based Frost Bank announced that Cliff McCauley, senior executive vice president, has decided to retire in June. He spent 42 years of his 44-year career at Frost Bank in the correspondent banking division, working with banks across Texas. In 2020, McCauley also took on responsibility for treasury management, merchant services and … Read more
Henderson-based VeraBank announced the addition of William “Billy” Brannon as senior vice president and commercial banker at the College Station location. He joins the bank with extensive experience in various sectors of commercial banking, including homebuilder finance, land acquisition, development lending and SBA lending. VeraBank will be expanding its presence in College Station with the … Read more
Henderson-based VeraBank has announced that Joel Jackson is now senior executive vice president, chief lending officer and regional chair of the bank’s Southeast region. Jackson has more than 23 years of experience with a focus on commercial banking. He started his career in East Texas, working his way through various leadership positions at community banks … Read more
Natalie Lynch has been promoted to senior executive vice president and chief revenue officer at Jacksonville-based Austin Bank. She will continue to work from the Austin Bank Longview Oak Forest location. In her new position, Lynch will join the bank’s executive committee while assuming oversight of the marketing and treasury management departments and the AB … Read more