TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Lubbock-based Victory Bank and its parent company, Victory Financial Corp., recently announced the appointment of Deanna Hargrove as executive vice president and chief financial officer of both entities. Hargrove began her career at Grant Thornton in Dallas, performing audits of both private and public companies. She moved into banking in 2016 when she joined Veritex … Read more
On April 18, San Antonio-based Southwest Bancshares Inc., the bank holding company for Texas Partners Bank, announced plans to brand all locations of its regional bank subsidiary under the existing bank charter name, Texas Partners Bank. These banking locations will continue to reflect their respective names of The Bank of San Antonio, The Bank of Austin and … Read more
Oklahoma City, Oklahoma-based MidFirst Bank has entered into a definitive agreement to acquire the Houston branches of Coral Gables, Florida-based Amerant Bank. Upon closing expected later this year, MidFirst Bank will add six Amerant Bank locations to the company’s footprint and gain Amerant Bank’s Houston client relationships totaling approximately $576 million in deposits and $529 … Read more
Michelle Lowe has joined the staff of Longview-based Texas Bank and Trust as senior vice president and credit administration manager. She will office in the bank’s Tyler Grande location. Lowe has more than 14 years of banking experience in East Texas. She holds a BBA degree in management and an MBA degree from the University … Read more
On April 17, College Station-based American Momentum Bank announced that it is expanding its community association banking division. The bank launched its association banking division in 2016 and hired Heather Karamitsos to serve as senior vice president/director of association banking. Since then, Karamitsos and her team have established American Momentum Bank as one of the … Read more
Stephen Lee has assumed the roles of president and CEO of the First National Bank of Bastrop, succeeding Reid Sharp, who will continue to serve as chairman of the board. Lee has more than 30 years of banking experience, including serving for the past 17 years as president and CEO of the southeast region at … Read more
Valda Lamprecht, vice president/Yorktown branch manager at Cuero-based TrustTexas Bank, is celebrating an extraordinary milestone this month: 50 years of service in the financial services industry. According to the bank, “Throughout her remarkable career, Lamprecht has demonstrated unwavering dedication and commitment to providing exceptional financial services to the community in Yorktown.” Lamprecht began her banking … Read more
The Independent Bankers Association of Texas (IBAT) office has moved from its longtime location at 1700 Rio Grande St. in Austin to its new headquarters in northwest Austin. With this move, the organization has “right-sized our physical space to align with changes in the way we work—with a mix of in-person and remote employees,” according … Read more
On April 24, the Federal Deposit Insurance Corporation (FDIC) announced four new members of its minority depository institutions (MDI) subcommittee to the advisory committee on community banking. Arturo “Art” Ortega, chairman and CEO of Alamo-based Freedom Bank, is one of the four named to the subcommittee, along with John Tom Anderson, president and CEO of … Read more
On August 25, Wichita Falls-based American National Bank & Trust held a groundbreaking ceremony for its new location in Dallas at 5310 Forest Lane. The ceremony was attended by key stakeholders, local leaders, American National Bank & Trust executives and community members. Bank executives outlined American National Bank & Trust’s vision for the future, its … Read more