On March 9, East Texas Bancshares, the parent company of First National Bank of Jasper and First State Bank of Livingston, announced a proposal to merge the two banks under the name First State Bank of Livingston (First State Bank). With a combined asset size of more than $700 million, the merger will position the … Read more
On January 26, associates from Tyler-based Southside Bank, members of the Lufkin Chamber of Commerce and community members gathered for a ribbon cutting and celebration of the bank’s newly renovated branch in Lufkin, located at 2510 West Frank St. The modern, innovative design echoes the bank’s sister location on S. Timberland Dr. in Lufkin and … Read more
On February 21, the American Bankers Association (ABA) launched an online resource focused on special purpose credit programs (SPCPs), highlighting Houston-based Amegy Bank’s Small Business Diversity Banking Program (SBDBP) as the SPCP benchmark for banks across the nation. ABA’s webpage outlines how SPCPs work and includes a checklist for banks to follow when developing models … Read more
San Antonio-based Frost Bank, one of the largest banks based in Texas, received 33 Greenwich Excellence and Best Brand Awards— the highest number received nationwide for the seventh consecutive year—for providing superior service, advice and performance to small-business and middle-market banking clients. Frost Bankwas the only Texas-based bank to receive national recognition for “Overall Satisfaction” … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) has released details on its 66th Annual Session, scheduled for May 30–June 9, 2023, in Dallas. Commercial loan officers, branch managers, credit analysts, cashiers, mortgage lenders, consumer lenders, operations officers, state and federal regulators and other banking professionals gather each summer on the … Read more
The Education Foundation of the Independent Bankers Association of Texas (IBAT) is gearing up for the debut of IBAT EDGE, a new program that offers two-and-a-half days of education, renowned industry keynote speakers and leadership development training focused on community banks in Texas. The goal is to Educate, Develop, Guide and Empower (EDGE) community bank … Read more
On February 27, Baker Hughes, an energy technology company, announced a $50 million investment to support Houston-based Unity Bank, Texas’ only Black-owned banking institution, citing the move as part of its commitment to supplier diversification and advancement of racial equity. The investment, made through a $50 million deposit in J.P. Morgan Asset Management’s Empower share … Read more
Guaranty Bancshares Inc., the parent company of Mount Pleasant-based Guaranty Bank & Trust, announced a $1 million equity investment in the Austin Housing Conservancy Fund (AHC) to support workforce affordable rental housing in Central Texas. AHC is a private equity fund focused on purchasing multi-family properties and preserving them as affordable housing for front-line personnel, creatives, … Read more
Durant, Oklahoma-based First United Bank is on a mission to ignite a kindness revolution. The bank recently collaborated with stakeholders— including employees, customers, local businesses, nonprofit organizations, churches, community leaders and members—to impact people’s lives positively through simple acts of kindness over 24 hours. On February 17, First United Bank branches across Oklahoma and Texas … Read more
Dallas-based Comerica Bank is expanding its support for small businesses in North Texas with a new program, Comerica SmallBizCo-Op, which will share the bank’s assets and resources with small-business customers in the region to help them achieve their goals. The pilot program is available at no cost to the bank’s small-business customers in North Texas … Read more
