TEXAS BANKING NEWS, PEOPLE and IDEAS
By ASCENSUS The SECURE Act—officially known as the Setting Every Community Up for Retirement Enhancement Act of 2019—made significant changes to IRA and retirement plan rules, including to the beneficiary payout options. One of the most noteworthy changes involves the 10-year rule, which requires a total distribution of inherited assets by December 31 of the … Read more
On May 22, more than 128 golfers gathered at PGA Frisco’s Fields Ranch Golf Course for the 2025 Susser Bank Golf Classic, raising $225,800 in support of the University of Texas MD Anderson Cancer Center. All expenses for the event were fully underwritten by Arlington-based Susser Bank and the Susser family, ensuring that every dollar … Read more
The SW Graduate School of Banking at Southern Methodist University (SWGSB) will hold its 160th Assembly for Bank Directors September 4–7 at the Newport Harbor Island Resort in Newport, Rhode Island. SWGSB Assemblies for Bank Directors attract banking leaders from across the country to address the latest issues affecting the industry. From nationally known authorities … Read more
Sharon Davis has joined San Antonio-based Jefferson Bank as chief human resources officer. She takes on the new role with more than 20 years of industry experience. Prior to joining Jefferson Bank, Davis was executive vice president and chief human resources officer for Premier Bank in Ohio. Earlier stints in her career include human resources … Read more
Sherita Graves has been promoted to executive vice president and chief risk officer at San Antonio-based Texas Partners Bank. Previously serving as senior vice president and director of risk management, she has been with the bank for more than seven years. With more than 18 years of experience in compliance and risk management, before joining … Read more
Dallas Capital Bank announced the addition of Jack Dodd as senior vice president, director of information technology and security officer. He will report to Doug Staley, executive vice president/chief risk officer. “[Jack’s] proven leadership and extensive IT and cybersecurity experience will strengthen our team and enhance the ways we are able to service our clients,” … Read more
Waco-based Fidelity Bank of Texas has appointed Preston Simons as chief financial officer, effective immediately. With more than 15 years of experience in investment banking and financial strategy, he brings a wealth of expertise to his new post. Prior to joining Fidelity Bank of Texas, Simons served as managing director and head of the Dallas … Read more
On May 22, Jacksonville-based Austin Bank and the Houston Northwest Chamber of Commerce held a ribbon-cutting ceremony to celebrate the opening of the bank’s two new full-service banking centers in Houston and Spring. The event was well attended by both chambers and business leaders, as well as the Austin Bank leadership team and employees. The … Read more
Rusty Rust, president and CEO of Nacogdoches-based Commercial Bank of Texas, recently announced the promotion of John Thannisch to head of wealth management and trust in support of the bank’s vision to be the premier community-focused financial services organization. He will serve all 22 of the Commercial Bank of Texas branches. Thannisch has more than … Read more
Wichita Falls-based American National Bank & Trust has hired Marley Elliott as a vice president and trust administrator for the Wichita Falls market. With a background in real estate law and estate planning/administration, she brings valuable expertise and a client-focused approach that make her a strong addition to the bank’s trust and wealth department. “As … Read more