TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Tupelo, Mississippi-based Cadence Bank has tapped Brad Durham to serve as executive vice president and managing director of its financial institutions group (FIG), which provides correspondent banking services for financial institution clients. Durham brings more than 45 years of experience in commercial banking and most recently served as a senior vice president and correspondent banker … Read more
Dan Flynn, a former Texas state representative for Van Zandt, Hunt and Hopkins counties (District 2), passed away peacefully on October 28. He was 79. In addition to his legislative service, Flynn was a longtime community banker who also served as deputy commissioner of the Texas Department of Banking. He is known for helping to … Read more
Glenn Hamer, president and CEO of the Texas Association of Business (left) presents a “Best Company” trophy to Austin Bank associates Tasha Childress, Julissa Trujillo and Rosie Mireles.The 2022 list of the “Best Companies to Work for in Texas” was released recently and includes a number of Texas banks—one of which placed No. 1 on … Read more
Mike Morgan recently joined The Bank of Austin’s commercial banking team as senior vice president/commercial banking relationship manager. He brings more than 15 years of commercial banking experience in Austin working with a variety of businesses, industries and entrepreneurs. In his new role, Morgan will serve business clients through an array of lending capabilities, treasury … Read more
When criminal gangs and cartels unleashed a costly wave of “hook and chain” attacks on bank ATM machines, Texas State Representative Andrew Murr (R–Junction) took the lead in the Texas House to increase felony penalties for these crimes. The Texas Bankers Association (TBA) and Hill Country bankers hosted a luncheon in Kerrville on October 26 … Read more
San Antonio-based Vantage Bank announced the hiring of Cue Lipscomb as chief mortgage officer. He will oversee mortgage services company-wide from Vantage Bank’s Fort Worth executive offices. Lipscomb has worked in the Texas mortgage industry since 1995, most recently as mortgage manager with Guardian Mortgage in the Dallas/Fort Worth metroplex. His leadership experience spans the … Read more
On October 3, Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced the completion of its previously announced acquisition of and merger with Roscoe-based Roscoe State Bank. The merger results in the formation of Cornerstone Capital Bank, which will hold more than $380 million in regulatory capital and greater than $1.5 … Read more
Amarillo-based FirstBank Southwest recently announced the promotion of Matt Mathias to Amarillo market president. He has been with the bank since 2018 and in the financial services industry for more than 22 years. Prior to this promotion, Mathias served as senior vice president of the bank’s commercial lending team at its downtown banking center in … Read more
As the Bankers Helping Bankers (BHB) network expands, community banks can now participate in BHB’s new Test Pilots program and be among the innovative bankers to test fintech products and services. These screened, early-stage fintech companies need the partnership of banks to establish their viability in providing stable solutions for the banking industry. “The BHB … Read more
In mid-October, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the signing of two acquisition agreements. In one, Prosperity has agreed to acquire First Bancshares of Texas Inc. and its banking subsidiary, Midland-based FirstCapital Bank of Texas NA. The second agreement signed by Prosperity Bancshares indicates its intention to acquire Lone … Read more