Houston Nonprofit CEO Aguirre Reappointed to Dallas Fed Board

The Federal Reserve Board of Governors has reappointed Claudia Aguirre of Houston to the Federal Reserve Bank of Dallas board of directors. She will serve a three-year term ending December 31, 2023. On the board since 2019, as a member she provides input into regional and national economic conditions as part of the Federal Reserve’s … Read more

Interstate Bank Promotes McCutchen to Executive Vice President/Head of Operations and Board Secretary

Perryton-based Interstate Bank recently announced that Shelly McCutchen has been promoted to executive vice president/head of operations and board secretary. She joined the bank 24 years ago and has worked in various positions. “Shelly’s a total team player, always willing and able to go above the call of duty and has earned the respect of … Read more

Armstrong Reappointed Chair of Dallas Fed Board, Falk Reappointed Deputy Chair

The Federal Reserve Board of Governors has reappointed Greg L. Armstrong as chair and Thomas J. Falk as deputy chair of the Federal Reserve Bank of Dallas board of directors for 2021. Armstrong is co-founder and retired chairman and CEO of Houston-based Plains All American Pipeline LP. He joined the Dallas Fed board in 2015 and … Read more

Louisiana-based b1 Bank Opens Frisco Office

Baton Rouge, Louisiana-based B1 Bank is opening a new branch in Frisco’s Hall Park, the city’s largest office development. According to The Dallas Morning News, the financial firm is leasing more than 6,600 square feet of offices at 3010 Gaylord Parkway. The new office is set to open early in the new year. B1 Bank already has … Read more

IBC Bank’s Schwebel Receives AEM San Antonio Legacy Award

On December 17, Gerald “Gerry” Schwebel, executive vice president at Laredo-based IBC Bank, was presented the Asociación de Empresarios Mexicanos (AEM) San Antonio Legacy Award. The AEM San Antonio Legacy Award recipient is selected by the AEM board of directors to recognize a local business leader who has demonstrated continuous support of the association and … Read more

Peoples Bancorp to Acquire Baylor Bancshares/First Bank & Trust

Lubbock-based Peoples Bancorp Inc. and its wholly owned subsidiary, Peoples Bank, announced the signing of a definitive agreement on December 30 to acquire Seymour-based Baylor Bancshares Inc. and its subsidiaries, First Bank & Trust and Baylor Mortgage Co. Inc. The acquisition is expected to close in the second quarter of 2021. As of September 30, … Read more

In Memoriam: Jerome J. “Buddy” Lednicky Jr.

Jerome J. “Buddy” Lednicky Jr., former chairman of State National Bank, passed away on January 1 at his residence in West. He was 84. After earning his bachelor’s degree from Texas A&M University and serving in the U.S. Army and Army Reserves, Lednicky launched his banking career, which culminated with his roles as chairman and … Read more

Liberty Capital Bank Taps Morris as CEO and Pickard as CFO

Addison-based Liberty Capital Bank has announced the appointment of Alan Morris as chief executive officer and Amy Pickard as chief financial officer. These leadership changes follow the retirements of former CEO Ben Cunningham and former CFO David Sprinkle from the company. “Ben Cunningham’s influence as the CEO of Liberty Capital Bank cannot be understated,” says … Read more

In Memoriam: Bank of the West’s Philip Cloud

Philip Paul Cloud, former executive vice president and chief credit officer at Bank of the West in Grapevine, passed away on December 3 after a brief stay at Dallas Methodist Hospital. He was 61. After receiving his bachelor’s degree in finance from the University of Texas–Arlington, Cloud followed in the footsteps of his father, Roger … Read more

Morris Elected to Texas Bankers Association Board

Ryan Morris, chief executive officer of Gainesville-based First State Bank, has been selected to fill a vacancy on the board of directors of the Texas Bankers Association (TBA). His term will expire May 31, 2022. Morris has more than 25 years of experience in the banking industry. After receiving his BBA degree in accounting and finance from the … Read more