TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 27, team members from Tyler-based Southside Bank gathered for a ribbon-cutting ceremony to mark its newly constructed drive-through bank at 1010 E. 1st St. in Tyler. The new facility, which replaced the bank’s existing drive-through next door (built in 1979), is equipped with seven drive-through lanes, a new pneumatic tube system and a modern … Read more
Charles Allen Angel Jr., 87, passed away on October 23 at his home in Dallas. A lifelong banker, he served in executive positions at numerous Texas banks for decades. He will always be remembered as the original Charlie Angel as he often reminded folks that he was here before there was a Charlie’s Angels TV … Read more
On October 26, Denver, Colorado-based Sunflower Bank announced its partnership with Irving-based On the Road Lending, a nonprofit auto lender that provides character-based affordable loans for reliable cars. The $525,000 investment—with an additional $25,000 designated for operating support—will enable On the Road Lending to bring its services to rural communities where there are limited or … Read more
On October 27, Arp-based American State Bank announced a partnership with Super Bowl-winning Kansas City Chiefs quarterback Patrick Mahomes as the bank looks to accelerate its expansion plans and digital transformation. As part of this buildout in the Lubbock, Amarillo, Plainview and Dallas/Fort Worth markets, Mahomes has become a significant stakeholder in American State Bank. … Read more
Mount Pleasant-based Guaranty Bank & Trust recently announced four promotions: Renee Sparks has been promoted to senior paralegal. She joined the bank in 1997. According to a bank press release, “While she has been functioning at the senior paralegal level for some time now—fielding increasingly complex legal-related questions in her unruffled way—it is great to … Read more
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