TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Joe H. Sharp Jr., 86, a highly respected leader in the banking industry, passed away on June 30 in Longview. After graduating from Mineola High School in 1956, he earned a BBA degree in accounting from Southern Methodist University and gained his license as a certified public accountant. He also attended and later taught at … Read more
Dallas-based PlainsCapital Bank has promoted Shelly Chambers to wealth management market manager for the Fort Worth region of The Private Bank at PlainsCapital. She joined The Private Bank in 2023 as senior vice president/senior wealth administrator and has more than 30 years of financial services experience in Texas. In her expanded role, Chambers will lead … Read more
Fort Worth-based NBT Financial Bank announced two new hires and four promotions in July. Janice Spooner has joined NBT Financial Bank as senior vice president/Grapevine market president. She has more than 37 years of banking experience, specializing in commercial and consumer lending. Spooner is a graduate of the Texas Bankers Association Management Development Program and … Read more
Ben Ray has joined Arlington-based Susser Bank as vice president/relationship manager. Based in the bank’s Plano office, he will serve business owners, professionals and families across the Dallas/Fort Worth market. Ray brings more than seven years of commercial banking experience to his new post. His expertise is centered in commercial and industrial banking, with a … Read more
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