TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On May 13, Lubbock-based Victory Bank announced that it has entered a definitive agreement to acquire a 40 percent ownership stake in McDonald Capital Management (MCM), a Lubbock-based, fee-only investment management firm with more than $350 million in assets under management. The agreement marks Victory Bank’s formal entry into wealth management. Established in 1990, McDonald … Read more
Lubbock-based Victory Bank and its parent company, Victory Financial Corp., recently announced the promotion of Chad Hill to chief lending officer. Since joining Victory Bank in 2023, Hill has played a pivotal role in expanding lending efforts across West Texas and the Big Country. “Chad embodies our mission to deliver a Different and Better banking … Read more
Lubbock-based Victory Bank and its parent company, Victory Financial Corp., recently announced the appointment of Deanna Hargrove as executive vice president and chief financial officer of both entities. Hargrove began her career at Grant Thornton in Dallas, performing audits of both private and public companies. She moved into banking in 2016 when she joined Veritex … Read more
On October 16, Lubbock-based Victory Bank opened its doors for business following the successful acquisition of Security State Bank of Winters by Victory Financial Corp., the new bank’s holding company. Victory Bank’s headquarters are located at 4710 4th St. in Lubbock. The company is led by former Lubbock Mayor Dan Pope, executive chair; C. Brett … Read more