TEXAS BANKING NEWS, PEOPLE and IDEAS

Veritex Community Bank

Banking Veteran Donnelly Joins Veritex Community Bank as Senior Executive Vice President and General Counsel

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Longtime banking veteran Phil Donnelly has joined Dallas-based Veritex Community Bank as senior executive vice president and general counsel. As a member of the bank’s executive leadership team, Donnelly will work hand-in-hand with senior management in developing and implementing bank-wide strategic business initiatives and in the creation of new procedures and protocols designed to strengthen … Read more

Veritex Community Bank Expands Houston Banking Team

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Dallas-based Veritex Community Bank, which specializes in providing depository and credit services to small to mid-sized businesses, has appointed William Ray Jr. as executive vice president/managing director for middle-market banking, Brent Reed as executive vice president/director of commercial real estate and Will Richardson as executive vice president/private banking. All three are joining from Bank of … Read more

Federal Home Loan Bank of Dallas Awards $19.3 Million in Affordable Housing Program Funds

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O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more