TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
By ASCENSUS The SECURE Act—officially known as the Setting Every Community Up for Retirement Enhancement Act of 2019—made significant changes to IRA and retirement plan rules, including to the beneficiary payout options. One of the most noteworthy changes involves the 10-year rule, which requires a total distribution of inherited assets by December 31 of the … Read more
The SW Graduate School of Banking at Southern Methodist University (SWGSB) will hold its 160th Assembly for Bank Directors September 4–7 at the Newport Harbor Island Resort in Newport, Rhode Island. SWGSB Assemblies for Bank Directors attract banking leaders from across the country to address the latest issues affecting the industry. From nationally known authorities … Read more
The Independent Bankers Association of Texas (IBAT) Education Foundation, in conjunction with the SW Graduate School of Banking Foundation, announced that Kelsey Goates, vice president and market manager at TexasBank in Stephenville, and Leslie Gonzalez, senior vice president at Stockmens National Bank in Cotulla, have been selected as recipients of the 2025 Women in Community … Read more
Dimmitt-based First United Bank has hired Drew C. Anderson to serve as president of the Lubbock market. He will office at the Lubbock-Northwest Banking Center located at 5802 4th St. He joins First United Bank with more than 25 years of experience. Anderson has served in key roles at First National Bank, Norwest, Wells Fargo … Read more
The board of directors of Abilene-based First Financial Bank has announced the election of Jeff Vorhees to serve as executive vice president and treasurer. Vorhees most recently served as director of corporate treasury at McKinney-based Independent Financial, a $19 billion public bank. Prior to that, he held positions in asset liability management consulting, investment banking … Read more
On April 24, Dallas-based Comerica Bank announced that Matt Marchbanks has been named its Fort Worth market president. He will also serve as senior vice president/middle-market and business banking group manager in this footprint. Marchbanks began his financial services career 25 years ago after completing the Comerica Commercial Banking Development Program. Throughout his tenure, he … Read more
Members of the Texas Bankers Association (TBA) are gathering in San Antonio this week, April 23–25, for the organization’s 140th Annual Convention. With the theme of “¡Viva! Los Banqueros,” the group has a full slate of education sessions, featured speakers, exhibits and networking opportunities to make the event enlightening, entertaining and fruitful. Special events at … Read more
The SW Graduate School of Banking (SWGSB) at Southern Methodist University has announced its highest honors for 2025. H. Gary Blankenship, chair, CEO and chief lending officer of Bank of the West, will be honored with the Distinguished Service Award on May 29. The following week, on June 5, Ron Butler, chair and CEO of … Read more
The SW Graduate School of Banking (SWGSB) at the Cox School of Business at Southern Methodist University has announced new leadership and added three new trustees to its board of advisors. T. Gary Hudson, former president and CEO and current board member of Farmers & Merchant’s Bank, is the new SWGSB chair and R. Scott … Read more
The Cecil family is celebrating a centennial milestone, marking the 100th year of their leadership and family legacy at Paris-based The Liberty National Bank. In 1925, Jim Cecil, a prominent banker from Valliant, Oklahoma, moved to Paris, Texas, at the urging of his physician, Dr. L.P. McCuistion. McCuistion’s brother, Ed McCuistion, was the president of … Read more