TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 660 N. Main Ave. in San Antonio; 407 S. Commerce St. in Harlingen; 10456 Montwood Dr. in El Paso; 512 N. Organ in El Paso; 600 Matamoros St. in Laredo; 2101 S. 10th St. in McAllen; and 800 E. Tom … Read more
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has completed its merger with BAT Investments Inc., based in Austin. Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established a branch at 1860 Payne St. in Dallas. The OCC reports that VeraBank National … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … Read more
On September 15, Texas Banking Commissioner Charles G. Cooper announced that Dallas-based Texas Capital Bank NA has completed its conversion to a Texas state-chartered bank from a national banking association. The bank opened under its new charter as Texas Capital Bank on September 15. Texas Capital Bank was originally chartered as a national bank in … Read more
Longtime Texas banker Lee Roy Gaskamp Jr., 69, passed away on September 6 after an exhausting battle with COVID-19. During his lifetime, he served at several community banks and as a commissioned state bank examiner with the Texas Department of Banking before founding the Bank of Brenham in 2001. He served as the bank’s president … Read more
Mergers and Acquisitions The TDB reports that Citizens State Bank, based in Somerville, has applied to acquire Burton State Bank, based in Burton. The TDB reports that The Chasewood Bank, based in Houston, has applied to merge with MergerCo Inc., based in Houston. Home Office Relocations The TDB reports that WestStar Bank has relocated its … Read more
Lowell “Stretch” Smith Jr., longtime banker and avid civic supporter in Johnson County, passed away on August 29. He was 88. For decades, he helped lead the First State Bank of Rio Vista. Smith grew up on a family ranch near Rio Vista. Many people knew him as “Stretch,” a nickname acquired from his high … Read more