TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Charles G. Cooper, commissioner of the Texas Department of Banking, has announced the selection of Robert K. Nichols III as the agency’s general counsel. Nichols will be responsible for overseeing the legal division and providing advice to the banking commissioner, as well as other divisions across the agency. He will also be responsible for assisting … Read more
The Conference of State Bank Supervisors (CSBS) has released an update (version 2.0) to the Ransomware Self-Assessment Tool (R-SAT) for financial institutions. The R-SAT, which was developed in collaboration with the Bankers Electronic Crimes Task Force, state bank regulators and the U.S. Secret Service, was originally released in October 2020. According to the Texas Department … Read more
Branches The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 1015 Hwy. 80 in San Marcos, 4107 Fry Rd. in Katy and 5010 N. 95th Ave. in Glendale, Arizona. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied … Read more
Name Changes The TDB reports that Security State Bank, based in Winters, has changed its name to Victory Bank. Home Offices The TDB reports that Victory Bank has relocated its home office from 700 S. Main St. in Winters to an existing branch office at 4710 4th St. in Lubbock and will maintain the office … Read more
Conversions The TDB reports that First Financial Bank, based in Abilene, has applied to convert from a national association to a state-chartered bank. Branches The OCC reports that Texas National Bank, based in Mercedes, has applied to establish a branch at 4000 S. Business Hwy. 281 in Edinburg. The TDB reports that Wallis Bank, based … Read more
Abilene-based First Financial Bankshares Inc. has announced that its subsidiaries, First Financial Bank NA and First Financial Trust and Asset Management Co. NA, have each filed applications with the Texas Department of Banking to convert to a Texas state banking association and a Texas-chartered trust company, respectively. The bank has been a national bank since … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northwest corner of McPherson Blvd. and Summer Creek Dr. in Fort Worth. The OCC reports that it has approved an application by National Bank & Trust, based in La Grange, … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northwest corner of W. Little York Rd. and N. Houston Rosslyn Rd. in Houston. The OCC reports that The Yoakum National Bank, based in Yoakum, has applied to establish a … Read more
On September 25, Texas Banking Commissioner Charles G. Cooper announced the appointment of Jesse H. Garcia Jr. as the chief information officer at the Texas Department of Banking, effective October 1. He will be responsible for the daily operations and future technological advancement plans of the department’s information technology division. Garcia brings to the department … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish the following branches: 4107 Fry Rd. in Katy and 1015 Hwy. 80 in San Marcos. The TDB reports that it has approved an application by Farmers and Merchants Bank, based in De Leon, to establish a branch at 508 … Read more