Main Street Inc. Acquires Marketing Technology Software Provider Onovative

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

FirstCapital Bank of Texas Welcomes Burgess as Senior Relationship Manager

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

IBC Bank Mourns Passing of Fred W. Rusteberg

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

TYME Bank Withdraws De Novo Application

On July 28, Farmers Branch-based TYME Bank withdrew its de novo application with the Federal Deposit Insurance Corp. due to economic uncertainty as COVID-19 cases started rising in the state, but the bank’s CEO says the company may resubmit its application as the economy improves, according to S&P Global Market Intelligence. “Things started getting better, … Read more

National Bank & Trust Elects Corker Chairman of the Board

La Grange-based National Bank & Trust–Texas recently announced that Michael Corker has been elected chairman of the board. Corker has served as a director for National Bank & Trust since 2001. He and his wife Lisa have owned Hart Land Real Estate for more than 30 years. “Michael’s experience and commitment to La Grange and … Read more

IBAT Elects New Leadership Division Board Members

The Leadership Division of the Independent Bankers Association of Texas (IBAT) elected new board members during its quarterly board meeting in June. Founded in 1985, the IBAT Leadership Division is dedicated to the development of tomorrow’s leaders in community banking. The board’s executive committee will be led by Chairman Peter Smith, Lubbock market president at … Read more

Lee Tapped as President and COO of Oklahoma-based InterBank

In July, C.K. Lee was appointed president and chief operating officer of Oklahoma City-based InterBank. He will oversee operations and become part of a five-member executive management team. Capital planning, as well as mergers and acquisitions, are also part of Lee’s new responsibilities. Since 2017, he has worked on at least eight whole bank and … Read more

Williams Named President and Director at Brady National Bank

Reed Williams

Brady-based Texas Country Bancshares Chairman and CEO Joe Kim King recently announced that the Brady National Bank board of directors has elected Reed Williams president and CEO of Brady National Bank. Williams will also serve on the board of directors. He succeeds Terry Keltz who has served as president and CEO since 2004. Keltz has … Read more

August 2–8, 2020

Branches The TDB and the FRBD report that Texas Regional Bank, based in Harlingen, has applied to establish a branch at 3944 Ranch Rd. 620 S in Bee Cave. The TDB reports that Benchmark Bank, based in Plano, has applied to establish a branch at 2727 Exposition Blvd., Ste. 117, in Austin. The TDB reports … Read more

July 26–August 1, 2020

Charters The OCC reports that it has approved an application by Agility Bank National Association to establish a new bank charter at 2222 N. Shepherd in Houston. Branches The TDB reports that Allegiance Bank, based in Houston, has established a branch at 2929 Navigation Blvd., Ste. 100, in Houston. The TDB reports that Frost Bank, … Read more