TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On May 21, Albany-based Clear Fork Bank announced the appointment of James Arnold as the bank’s next president and chief executive officer. Tim Cooper will continue serving in a leadership role supporting the transition. Under Cooper’s leadership, Clear Fork Bank experienced historic growth, surpassing $1 billion in assets while expanding its presence and impact in … Read more
The Federal Reserve Bank of Dallas has tapped Arturo Barrio to serve as vice president and regional executive for El Paso. He will focus on building relationships with local businesses and community groups to gain greater insight into the surrounding economy, which includes West Texas and southern New Mexico. As regional executive for the only … Read more
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
Fort Worth-based TexasBank has hired Matt Duncan to serve as executive vice president/chief credit officer. He brings more than 30 years of experience in community banking and risk management. Duncan’s career spans senior leadership roles in credit administration, enterprise risk management and loan portfolio oversight. Before joining TexasBank, he held executive roles at regional community … Read more
On April 24, Ricky Kidd, CEO of National Bank of Andrews, announced the promotion of Eric Dominguez to president. Dominguez will assume leadership of the bank’s daily operations. A West Texas native, he brings more than two decades of banking experience to his new position. The son of a Fort Stockton banker, Dominguez developed an early … Read more
After 30 years at Odessa-based SouthWest Bank and a remarkable 60-year career in banking, Toby Tripp, trust and wealth manager, is retiring. Tripp has been with SouthWest Bank since the very beginning, playing a key role in the bank’s growth and success. As trust and wealth manager, his leadership and expertise helped build a legacy of … Read more
Weatherford-based First Bank Texas has announced the appointment of Stan Lambert to its board of directors. He brings more than 35 years of experience in community banking, having served in executive leadership roles across Texas, including as president of banks in Abilene, Ennis and Ozona. Lambert currently serves as state representative for Texas House District 71 … Read more
In mid-March, Midland-based Community National Bank announced numerous officer promotions and market president appointments. Sterling Swack has been named the Lubbock market president, bringing with him more than 14 years of banking experience. He has been a member of the Community National Bank team since 2017, most recently serving as Odessa market president, where he … Read more
On March 11, Weatherford-based First Bank Texas announced that Zan Sharp Prince, chair, has recently been appointed to the boards of both the West Texas Rehabilitation Center and the Independent Bankers Association of Texas (IBAT). The West Texas Rehabilitation Center, a nonprofit organization dedicated to providing life-changing outpatient therapy and support services to individuals with … Read more
Dimmitt-based First United Bank has hired Craig Grossman to serve as vice president of commercial lending at the bank’s northwest Lubbock branch. The hiring was announced by R. Mark Bain, CEO. Grossman brings more than eight years of commercial banking experience to First United Bank. He spent five years with Lubbock National Bank serving as … Read more