TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 … Read more
Henderson-based VeraBank has promoted Shea Vestal to vice president/trust and wealth advisor. She will focus on the bank’s Henderson, Mt. Enterprise, Kilgore, Tatum and Carthage regions. Vestal joined VeraBank in 2010. She earned a bachelor’s degree in business from Stephen F. Austin State University and has completed the graduate program at the SW Graduate School … 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
Henderson-based VeraBank continues to grow in Southeast Texas with the opening of a new branch in Conroe. The new full-service location will be VeraBank’s first in Montgomery County and third in Southeast Texas. The Conroe branch, located at 200 River Pointe Dr., Ste. 100, officially opened on August 8 and will host a grand opening … Read more
Jeff Austin III, chairman of Jacksonville-based Austin Bank, recently announced the hiring of Leigh Gilland and Jed Crow for its new Montgomery branch. Scheduled to open in June, Montgomery will be Austin Bank’s 36th location and further expand its Southeast Texas service area. “Expanding into Montgomery is a natural progression for Austin Bank,” Austin says, … Read more