TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Harlingen-based Texas Regional Bank has opened its newest full-service banking center in the northwest Houston suburb of Magnolia. The branch began serving customers on December 29. Located along the high-traffic FM 1488 corridor, the new banking center expands access to personal and business banking services for residents and business owners across Magnolia and the surrounding … Read more
Harlingen-based Texas Regional Bank has announced the appointment of Jim Recer as North Texas president, with oversight of both the community bank and commercial bank. He will work closely with regional presidents Duke York and Dennis Wright. Recer joined Texas Regional Bank in January as executive vice president of lending. Over the past year, he … Read more
Since opening its doors in 1900, just 10 years after the town of Sonora was established, Sonora Bank has supported generations of families across the Lone Star State. This year, the bank is celebrating its 125th anniversary since its establishment as the First National Bank of Sonora. The bank hosted receptions in September and October … Read more
Harlingen-based TRB Trust & Wealth Management, a division of Texas Regional Bank, has named Michael Costa senior advisor and director of international wealth management. He will oversee and expand TRB’s international wealth platform, supporting clients with customized investment, trust and private banking solutions. Based primarily at the bank’s corporate headquarters in Harlingen, Costa will also … Read more
In early July, catastrophic flash flooding swept through Central Texas, especially in the Hill Country, overwhelming rivers like the Guadalupe and devastating communities across Kerr, Comfort and Midland counties. Amid widespread destruction and an urgent need for relief, Texas’s community banks stepped up, demonstrating their longtime role as both local economic stewards and frontline responders … Read more
On June 11, Harlingen-based Texas Regional Bank launched its 2025 internship program with an informational Internship Day at its corporate headquarters. Students from universities across the nation—including Texas A&M University, the University of Texas, the University of Arkansas and Indiana University—gathered to kick off their summer journey with the bank. The day was filled with presentations … Read more
Harlingen-based Texas Regional Bank received dual recognition from the Bee Cave Chamber of Commerce in June. David DeStefano, Bee Cave market president, was named “Businessman of the Year” and the Bee Cave banking center was recognized as “Community Business Partner of the Year.” DeStefano is actively involved in several nonprofit and civic organizations focused on … Read more
On February 20, Rio Financial Services Inc., the parent company of McAllen-based Rio Bank, and San Antonio-based Lone Star Capital Bank NA jointly announced the signing of a definitive agreement providing for the merger of Lone Star Capital Bank with and into Rio Bank. Upon the consummation of the merger, Lone Star Capital Bank will … Read more
On February 1, Harlingen-based Texas Regional Bank announced that it is continuing its commitment to Blanco County’s youth, contributing an additional $12,900 this year to support student agricultural projects at the Blanco County Stock Show. Since 2019, the bank has provided more than $173,000 to support local students, funding initiatives ranging from leadership camps to … Read more
San Antonio-based Broadway Bank has appointed Jason McComack executive vice president and chief information technology officer. He is responsible for transforming the bank’s technology, data strategy and information security to deliver a best-in-class customer experience. McComack brings a 25-year financial technology career to Broadway Bank, most recently serving as operations vice president at a payment … Read more