TEXAS BANKING NEWS, PEOPLE and IDEAS



Arkansas-based Home BancShares Enters Texas with Acquisition of Happy Bancshares

On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more

FirstBank Southwest Announces Construction of its New Bank in Pampa

Amarillo-based FirstBank Southwest recently announced the start of construction for its new bank at 300 W. Kingsmill in Pampa. The 8,000-square-feet facility will include a full-service bank, six drive-through lanes, a 24-hour drive-up ATM and night-deposit drop. The bank plans to open in the spring of 2022. This April, FirstBank Southwest is temporarily relocating its drive-through, … Read more

Oklahoma-based Anchor D Bank Appoints Texas Market President Schnell to Board of Directors

In February, Texhoma, Oklahoma-based Anchor D Bank announced the appointment of Michael L. Schnell, executive vice president/market president, to its board of directors. He has spent the majority of his career in the Texas Panhandle. After many years serving as chairman and CEO of another local bank, he joined Anchor D Bank in 2020, opening its … Read more

Interstate Bank Promotes McCutchen to Executive Vice President/Head of Operations and Board Secretary

Perryton-based Interstate Bank recently announced that Shelly McCutchen has been promoted to executive vice president/head of operations and board secretary. She joined the bank 24 years ago and has worked in various positions. “Shelly’s a total team player, always willing and able to go above the call of duty and has earned the respect of … Read more