TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
With housing costs on the rise across Texas, finding an affordable place to live has become a crisis for too many families. Family incomes are not rising nearly as quickly as home prices in most regions of the state. According to studies, housing costs should account for less than 31 percent of a family’s income; … Read more
Bryan Gilbert has joined Corpus Christi-based American Bank as director of marketing. He will oversee all aspects of the bank’s marketing strategy and campaigns, product and service promotions, advertising, market research, and branding. Making the announcement was John Wessman, executive vice president/consumer banking and marketing. Gilbert joins American Bank with more than 20 years of … Read more
Anna Garza was recently promoted to branch manager at the Sanderson location of Fort Stockton-based Pecos County State Bank. She is a Sanderson native and has worked for the bank for more than seven years. Established in 1928, Pecos County State Bank operates branches in the West Texas communities of Fort Stockton, Sanderson, Sierra Blanca … Read more
CSB Bancshares Inc. and Burton Bancshares Inc. recently announced that an agreement for the merger of Burton-based Burton State Bank into Sommerville-based Citizens State Bank was signed in mid-August by the boards of both entities. The transaction is expected to close before the end of the year. Upon completion, Burton State Bank will become the … Read more
The board of directors of The First National Bank of Sterling City has named Scot Long president and CEO. He replaces Roger D. Williams, who has held the office of president and CEO for the past 37 years. Williams will become an employee of the bank holding company, Sterling City Banc Shares Inc., and remain … Read more
San Antonio-based Frost Bank announced on August 9 the appointment of a new San Antonio region president to succeed Marvin Rickabaugh, who will retire at the end of this year. Dan Geddes, the sales manager in Frost Bank’s Houston region commercial real estate group, has been appointed the new region president and will work with … Read more
Sam Nunn, a third-generation banker, has been promoted to president/chief financial officer at Amarillo-based Citizens Bank. Nunn, who has more than 12 years of community banking experience, joined Citizens Bank in 2011 as a senior vice president and most recently served as executive vice president/chief financial officer. Prior to that, he was a correspondent banker … Read more
J. Terry Smith has joined Oklahoma City, Oklahoma-based InterBank as Dallas/Fort Worth regional president. He will be responsible for leading the bank’s organic growth strategy in the metroplex. Smith will office out of InterBank’s Camp Bowie/Fort Worth location. Smith has served in executive leadership roles in community banks in both Dallas and Tarrant counties for … Read more
McKinney, based Independent Financial announced that Brett Walker has joined as senior vice president/relationship manager for commercial real estate for the Dallas/Fort Worth market. He will be responsible for originating, managing and monitoring a commercial loan and deposit portfolio for clients in all sectors of the real estate industry, including multi-family, industrial, retail, office, hospitality, … Read more
Stephen Lee, chairman, president and CEO of the Southeast region at Abilene-based First Financial Bank NA was recently appointed by Texas Governor Greg Abbott to the Texas State University System Board of Regents. He will serve in that role until February 2027. “Stephen’s excellent leadership over our Southeast Texas region is transcended only by his … Read more