TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Richard Ware II, chairman of Amarillo National Bank, celebrated his 50th year at the family-owned bank in July. Representing the fourth generation of Ware family leadership, Ware helped transform Amarillo Bank into the largest 100-percent family-owned bank in the nation and a dominant business in the Texas Panhandle and beyond. Richard Ware became president of … Read more
On July 20, Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank, announced that the bank has entered into a branch purchase-and-assumption agreement to sell its Clear Lake location to Galveston-based Moody National Bank. “Moody will obtain a book of business that they can successfully build on in the Moody … Read more
In June, Dallas-based TIB The Independent BankersBank NA announced the election of Gary L. Owens and John J. D’Angelo to the board of directors of Independent Bankers Financial Corporation (IBFC). Owens is the president of Houston-based Wallis Bank and its holding company, Wallis Bancshares Inc. He also serves on the board of the Independent Bankers … Read more
Ruston, Louisiana-based Origin Bank recently announced that Susan Ascoy has joined the company’s North Texas team as vice president/treasury management officer. She has nearly 14 years of banking experience specializing in treasury management and business development for commercial, wealth management and international banking. In her new position at Origin Bank, she will develop and execute … Read more
Mergers and Acquisitions The TDB reports that The Bank of San Antonio, based in San Antonio, has applied to acquire The Bank of Austin, based in Austin, and Texas Hill Country Bank, based in Bandera. Home Offices The TDB reports that it has approved an application by CapTex Bank, based in Trenton, to convert from a national association … Read more
For more than 78 years, Bankers Digest has delivered on a simple promise of providing a people-focused publication to help you keep up with your peers, friends and competitors in the Texas banking industry. While we have been hard at work on this new iteration of the publication the past few months, this promise and … Read more
Each year, Bank Director releases the results of its Bank Compensation Survey, examining talent and pay trends. This year is no different; however, the results of the survey, conducted during the current pandemic, shed new light on the need for banks to hire and maintain quality talent that fits with the bank’s culture and supports … Read more
Main Street Inc., a leading provider of data-driven print services to community financial institutions across the nation, announced on August 4 that it has acquired Onovative, an automated marketing technology software provider based in Louisville, Kentucky. The purchase of Onovative further enhances Main Street’s marketing services solutions. Onovative’s automated marketing platform enables banks and credit … Read more
Midland-based FirstCapital Bank of Texas has hired Kenneth L. Burgess III to serve as senior vice president/senior relationship manager at the bank’s Midland Plaza location. He has 14 years of banking experience, including working for FirstCapital Bank of Texas from 2007 to 2019. Originally from Midland, Burgess says he is excited to return to his … Read more
Laredo-based IBC Bank is mourning the loss of banking veteran, community leader and founding president and CEO of IBC Bank-Brownsville, Fred W. Rusteberg, who passed away on July 19. He was 74. He retired in 2016, after more than four decades in the banking industry. He founded the first IBC Bank in Cameron County, the … Read more