TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

Southeast

Alabama-based Regions Bank Appoints Clemmons Texas Consumer Banking Executive

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Birmingham, Alabama-based Regions Bank announced the appointment of Christina Clemmons to serve as Texas consumer banking executive, a senior leadership role overseeing retail-banking operations across Dallas/Fort Worth, Houston, Austin, Tyler and other Texas markets. She succeeds Michael Pardue, who now serves as retail segment program manager supporting branch operations across Region Bank’s 15-state retail-banking footprint. … Read more

Ohio-based Fifth Third Bank to Acquire Comerica Bank

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On October 6, Cincinatti-Ohio-based Fifth Third Bancorp and Dallas-based Comerica Inc. announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. This transaction brings together two long-tenured banking franchises to create the ninth largest U.S. bank with approximately $288 billion … Read more

Arkansas-based Home BancShares Enters Texas with Acquisition of Happy Bancshares

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On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more

Mississippi-based BancorpSouth Bank to Acquire Texas-based Cadence Bancorporation

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On April 12, Tupelo, Mississippi-based BancorpSouth Bank and Houston-based Cadence Bancorporation, the parent company of Cadence Bank NA, jointly announced that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion to create a leading Texas and Southeastern … Read more