TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On August 16, Texas Banking Commissioner Charles G. Cooper announced that Hondo-based TXN Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. TXN Bank began operating under its new charter effective August 16. The bank, a subsidiary of TXN Bancshares Inc., was originally chartered in 1936 and … Read more
On May 1, the Federal Financial Institutions Examination Council (FFIEC) announced the selection of Texas Banking Commissioner Charles G. Cooper to its State Liaison Committee (SLC) for a two-year term. The SLC also announced that Cooper has been elected chair of the committee for a one-year term. Cooper has served as Texas’ banking commissioner since … Read more
On December 31, 2022, Charles G. Cooper, commissioner of the Texas Department of Banking, completed his third consecutive two-year term serving on the Conference of State Bank Supervisors (CSBS) Financial Stability Oversight Council (FSOC). The CSBS has appointed Adrienne A. Harris, superintendent of the New York State Department of Financial Services, to succeed Cooper. Title … Read more
State financial regulators, joined by the Bankers’ Electronic Crimes Task Force and U.S. Secret Service, have issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” says Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes … Read more
The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve his second two-year term as the state banking representative on the Financial Stability Oversight Council (FSOC). Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act created the FSOC to monitor the safety and stability … Read more