TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that it has approved an application by SouthState Bank NA, based in Winter Haven, Florida, to acquire Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that it has approved an application by Powell State Bank, based in Powell, to be acquired by Producer Acquisition Corp. The … Read more
On May 20, SouthState Corp., the parent company of Winter Haven, Florida-based SouthState Bank NA, and Independent Bank Group Inc., the parent company of McKinney-based Independent Bank (dba Independent Financial), jointly announced that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group in an all-stock transaction valued at approximately … Read more