In Memoriam: Mae Beth Palone, Former IBAT Employee

First National Bank of Giddings CEO Bill Landiss with IBAT’s Mae Beth Palone showing their respective allegiances in 2014Mae Beth Palone, who led the IBAT Leadership Division for the Independent Bankers Association of Texas for many years, passed away on June 25 from injuries sustained in a car accident. Palone was born in Klamath Falls, … Read more

VeraBank Welcomes Murray as Senior Vice President and Commercial Banker in Huntsville

Henderson-based VeraBank has hired Michelle Murray to join its Huntsville team as senior vice president and commercial banker. She previously served the bank in its Bryan/College Station market and brings more than 25 years of banking experience across many departments to her new role. A Lovelady native, Murray began working in the financial industry at … Read more

American Bank Names Gammon Director of Bank Operations

Tenured banking executive Eddie Gammon has joined Corpus Christi-based American Bank as its director of bank operations. Making the announcement was Todd Lee, chief information officer. Gammon will provide leadership to the bank operations team, ensuring that all activities are completed in compliance with applicable laws, regulatory guidelines and bank policies and procedures. He will … Read more

Frost Bank Announces Major Expansion Plans in Austin

On June 26, San Antonio-based Frost Bank announced that it will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026. The company expects the expansion will further strengthen Frost Bank’s position in the Austin region, the third-largest deposit … Read more

Texas Regional Bank Breaks Ground in Rio Grande City

On June 15, Harlingen-based Texas Regional Bank held a groundbreaking ceremony to celebrate the start of construction for its new banking center in Rio Grande City. The event commemorates the bank’s 30th location in Texas and 14th in the Rio Grande Valley region. The branch, located at 4389 E. U.S. Hwy. 83 Loop, is scheduled … Read more

Three Banks Honored with CARE Awards Commitment to Community Investment

The Federal Home Loan Bank of Dallas (FHLB Dallas) has recognized three member financial institutions for their commitment to community investment by naming them 2023 Community Area Revitalization Efforts (CARE) Award recipients. First National Bank Texas, Home Bank and The First Bank were honored recently during FHLB Dallas’ annual member conference. Each member was awarded $7,500 … Read more

Cadence Bank Names Kuzdzal Chief Legal Officer Upon Pignuolo’s Retirement

On June 14, Houston-based Cadence Bank announced the appointment of Shanna Kuzdzal as chief legal officer. She succeeds Chuck Pignuolo, who has served as the bank’s chief legal officer since 2014. In addition to providing legal counsel to Cadence Bank’s board of directors, executive leadership and senior management, Kuzdzal will lead a team of in-house … Read more

Florida-based Amerant Bank Named Official Bank of Rice University Athletics 

Coral Gables, Florida-based Amerant Bank, one of the nation’s largest community banks, has been named the official bank of Rice University Athletics, underscoring its commitment to the Houston community and its growing presence in the region. The partnership includes prominent branding throughout university athletic venues, special events, online channels and more, as well as the … Read more

Perryton Banks Affected by Devastating Texas Panhandle Tornado

A tornado tore through the Texas Panhandle town of Perryton last Thursday evening, June 15, killing three people, injuring dozens more and causing widespread damage. Perryton’s banks—including FirstBank Southwest, First National Bank, Perryton National Bank and Interstate Bank—were affected to varying degrees. While First National Bank was able to remain open the day after the … Read more

Agent IQ Secures Capital from Texas-Based Bankers Helping Bankers Fund

On May 31, San Francisco-based Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced a strategic investment from the Bankers Helping Bankers Fund (BHB Fund), a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services Inc., a subsidiary of … Read more