TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 9, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Matt Scurlock, executive vice president/corporate treasurer, will transition into the role of executive vice president/chief financial officer, effective January 1, 2022. He will replace Julie Anderson as CFO of Texas Capital Bank and Texas Capital Bancshares Inc. Anderson has been … Read more
On November 1, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Chris Calvert and Claire Harrison have been named market chairman and market president of Austin respectively. Calvert has been with Texas Capital Bank for more than 20 years, most recently having served as region president of Austin since … Read more
Texas Capital Bancshares, the parent company of Dallas-based Texas Capital Bank, announced on November 10 that Jay Clingman has been appointed to the newly created role of vice chairman of commercial banking. He will report to Rob C. Holmes, president and CEO, and serve on the bank’s operating committee. Clingman will work closely with all … Read more
On September 23, Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, announced that Anna M. Alvarado has been appointed executive vice president, chief legal officer and corporate secretary. She will report to Rob C. Holmes, president and CEO. Alvarado most recently served as general counsel at FirstCash Inc., a Fort Worth-based … Read more
On September 15, Texas Banking Commissioner Charles G. Cooper announced that Dallas-based Texas Capital Bank NA has completed its conversion to a Texas state-chartered bank from a national banking association. The bank opened under its new charter as Texas Capital Bank on September 15. Texas Capital Bank was originally chartered as a national bank in … Read more
Dallas banking icon George Jones passed away on May 21 at age 77. For most of the past year, he endured challenges caused by an illness—the exceedingly rare Vexas Syndrome—that had developed over the past 20 years. But, according to his obituary, no one ever heard him complain. After earning his BBA degree from the … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more
On April 7, Dallas-based Texas Capital Bank NA and its parent company, Texas Capital Bancshares Inc., announced that Julia Harman has been appointed to the newly created position of head of corporate banking. She will report directly to Rob C. Holmes, president and CEO of Texas Capital Bank and Texas Capital Bancshares. Harman will be responsible … Read more
On February 26, Dallas-based Texas Capital Bank and its parent company, Texas Capital Bancshares, announced that Tim Storms has been named chief risk officer of both companies. Storms replaces John Turpen, who will continue with the company until March 31 to ensure an effective transition. Storms will report directly to Rob Holmes, president and CEO of Texas … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more