TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Branches The OCC reports that it has approved an application by Commercial Bank of Texas National Association, based in Nacogdoches, to establish a branch at 321 N. Central Expwy., Ste. 100, in McKinney. The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 3855 … Read more
Conversion The TDB reports that it has approved an application by Texas Capital Bank, based in Dallas, to convert from a national association to a Texas-chartered bank. Branches The OCC reports that Lamar National Bank, based in Paris, has established a branch at 100 Plaza Place, Ste. 100, in Northlake. The agency also reports that … Read more
On August 20, Charles G. Cooper, commissioner of the Texas Department of Banking, announced the appointment of Wendy Rodriguez as the agency’s deputy commissioner. She will oversee all the operational and administrative functions of the department, including strategic initiatives. She will also assist Cooper with governmental interactions, including the Office of the Governor, Texas Legislature … Read more
Branches The OCC reports that it has approved an application by Texas National Bank of Jacksonville, based in Jacksonville, to establish a branch at 704 S. John Reddit Dr. in Lufkin. The OCC reports that Inwood National Bank, based in Dallas, has relocated a branch from 1551 S. Buckner Blvd. in Dallas to 1605 S. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by First United Bank, based in Dimmitt, to acquire First Bank and Trust of Childress, based in Childress. Home Office Relocation The TDB reports that State Bank of Texas has applied to relocate its home office from 11950 Webb Chapel Rd. in Dallas … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to establish a branch at 2726 E. Berry St. in Fort Worth. The bank has also applied to establish a branch at 3814 E. 42nd St. in Odessa. The OCC reports that Lone Star … Read more