TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Renard U. Johnson of El Paso has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2024. He has served on the Dallas Fed’s board since 2020 and previously served on the bank’s El Paso branch board from 2012 to … Read more
On October 25, San Antonio-based Frost Bank announced that it has made an equity investment of $500,000 into the Austin Housing Conservancy Fund (AHC) to support workforce-affordable rental housing in the rapidly growing Austin metropolitan area. AHC, founded in 2016, is an equity fund focused on purchasing multifamily properties and preserving them as affordable housing … Read more
Corpus Christi-based American Bank has hired Charlie Phillips as market president in Houston. Making the announcement was Donette Stubblefield, chief banking executive for commercial and wealth. Phillips joins American Bank with more than 30 years of banking experience, most recently serving as president of Independent Financial’s Washington location in Houston. He had responsibility for leading … Read more
The board of directors of Sweetwater-based Texas National Bank has reluctantly accepted the retirement of Brenda Stirl, senior vice president and cashier, culminating a banking career that’s endured for 48 years. She has been with the bank since its 1995 acquisition of the Hamlin National Bank branch where she had been employed since its opening … Read more
On September 23, Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, announced that Anna M. Alvarado has been appointed executive vice president, chief legal officer and corporate secretary. She will report to Rob C. Holmes, president and CEO. Alvarado most recently served as general counsel at FirstCash Inc., a Fort Worth-based … Read more
Bank of San Angelo/First National Bank of Ballinger has hired Carter Matlock to serve as assistant vice president. She brings extensive experience in banking and agricultural lending to her new role. A Brady native, Matlock is a Texas Tech University Red Raider who studied science, agriculture and applied economics. She earned her master’s degree in … Read more
Durant, Oklahoma-based First United Bank held the grand opening of its fifth location in Austin on October 26. The new location at 8701 FM 2244, Bldg. 1, Ste. 100, in the Seven Oaks area offers commercial real estate, commercial/retail banking, investments and insurance, and mortgage services. It joins the four established First United Bank locations … Read more
In October, real estate appraisal and consulting firm Stouffer & Associates LLP announced the expansion of its property valuation services into the Houston and Dallas/Fort Worth markets. With existing offices in San Antonio, Austin and Boerne, Stouffer is now equipped to provide appraisal services throughout Texas. “We have been blessed with a great group of … Read more
Abilene-based First Financial Bank NA has promoted Chris Baughman to president of its Conroe region. The announcement was made by F. Scott Dueser, chairman, president and CEO of First Financial Bankshares Inc. Baughman will replace Sam Baker, who recently announced his upcoming retirement in March 2022. Baughman is no stranger to First Financial Bank, having … Read more
Longtime banker Emmet Ross Harris, affectionately known as “Big Daddy” by his grandchildren, passed away on October 10. He was 75. In 2010, Harris was diagnosed with liver cancer. After exhausting other treatment options, he received a liver transplant in 2012. He was fortunate to receive this gift of life from an unknown organ donor, … Read more