TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On November 13, Fort Worth-based NBT Financial broke ground on a new branch in Willow Park. The groundbreaking ceremony was attended by bank associates, prominent members of the community and members of the East Parker County Chamber of Commerce. The new 5,000-square-foot facility, located at The Shops at Willow Park, is expected to open in … Read more
Bee Cave-based Keystone Bank opens the doors to its new headquarters building on December 4. To celebrate, the bank has invited customers and families to a Family Fun Day on December 9 at the new headquarters, located at 13715 E. Ladera Blvd. in Bee Cave. The event will include door prizes and giveaways, breakfast bites, … Read more
On November 27, the Texas Bankers Foundation announced its financial support to Texas State University’s highly anticipated banking program with a $100,000 contribution. The university has appointed James “Jimmy” Allen, a 40-year banker, as the banking program’s director. He will serve as the point person not only in the classroom, but also as a bridge … Read more
American Banker has released its 2023 list of the “Best Banks to Work For,” which includes 11 banks based in Texas or with operations in Texas among the 90 listed. Like last year and the year before, Oakworth Capital Bank in Birmingham, Alabama, was ranked the Best Bank to Work For. First Federal Savings & … Read more
On December 4, First National Bank of Jasper and First State Bank of Livingston will complete their merger under the name First State Bank of Livingston (First State Bank). With a combined asset size of more than $700 million, the merger positions the combined bank to invest in additional resources such as technology, as well as … Read more
Harlingen-based Texas Regional Bank has opened a loan production office in Forney. This follows the bank’s acquisition of AccessBank in 2021, which added five offices to its network. In addition to Forney, the bank has plans to open several banking centers in the East Dallas region within the next 12 to 18 months. The Forney … Read more
On November 9, Laredo-based IBC Bank and Commerce Bank held a press conference at its main office to announce that all their branches in their Laredo, Roma, Zapata, Eagle Pass and Del Rio markets will be collecting canned foods from November 15 through December 15 to benefit the South Texas Food Bank. Joining the press … Read more
The Greater Beaumont Chamber of Commerce recently bestowed Beaver, Oklahoma-based First Security Bank with its 2023 “Start-Up Business of the Year” Award. The honor was presented during the Beaumont Chamber’s Annual Meeting and Awards Event, which “celebrates excellence and ethical conduct in the marketplace, along with active community involvement.” First Security Bank CEO Clint Walters … Read more
In mid-November, Pine Bluff-Arkansas-based Simmons Bank hosted a ribbon-cutting ceremony to celebrate the grand opening of its newest Dallas financial center located at 3309 W. Camp Wisdom Rd. Simmons Bank operates 23 full-service branches in the Dallas/Fort Worth metroplex. “Investing in the communities we serve is engrained in our DNA and we are grateful to … Read more
The Conference of State Bank Supervisors (CSBS) has released an update (version 2.0) to the Ransomware Self-Assessment Tool (R-SAT) for financial institutions. The R-SAT, which was developed in collaboration with the Bankers Electronic Crimes Task Force, state bank regulators and the U.S. Secret Service, was originally released in October 2020. According to the Texas Department … Read more