SouthWest Bank Announces Promotions and New Board Members

Odessa-based SouthWest Bank recently announced the promotions of key employees in various roles and new appointments to the board of directors. Paul Weaver, a 20 year veteran with SouthWest Bank, has accepted the position of Odessa area president. He is currently the chief lending officer at SouthWest Bank and will continue in this role as … Read more

Texas Panhandle Boasts Numerous ‘Best Banks to Work For’ in 2020

American Banker, along with Best Companies Group, recently cited 85 financial institutions across the U.S. as inductees on its 2020 “Best Banks to Work For” list. The recognition honors U.S. banks for outstanding employee satisfaction. It’s no surprise that a number of Texas-based community banks are included on the list. What’s interesting, though, is the … Read more

Impressive Number of Community Banks Among the 2020 “Best Companies to Work for in Texas”

An impressive number of community banks were included in the recently published 2020 list of the “100 Best Companies to Work for in Texas,” an annual recognition program developed by Texas Monthly magazine, the Texas Association of Business, Texas Society for Human Resource Management and Best Companies Group. Among the companies recognized in the small-sized-employer … Read more

Affiliated Bank and SouthWest Bank Terminate Merger Agreement

Arlington-based BancAffiliated Inc., the sole shareholder of Affiliated Bank National Association, and Odessa-based Odessa SouthWest Bancshares Inc., the sole shareholder of SouthWest Bank, have mutually agreed to terminate their merger agreement, previously announced last December. The termination is in response to the extreme uncertainty resulting from the global health crisis caused by the COVID-19 pandemic and … Read more