TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
A tornado tore through the Texas Panhandle town of Perryton last Thursday evening, June 15, killing three people, injuring dozens more and causing widespread damage. Perryton’s banks—including FirstBank Southwest, First National Bank, Perryton National Bank and Interstate Bank—were affected to varying degrees. While First National Bank was able to remain open the day after the … Read more
On May 31, San Francisco-based Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced a strategic investment from the Bankers Helping Bankers Fund (BHB Fund), a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services Inc., a subsidiary of … Read more
On June 3, Dallas-based Texas Capital Bank and several of area nonprofit organizations hosted a fair for the West Dallas community. The event was held at the Texas Capital Banking Center in Trinity Groves and included complimentary food from local vendors, family fun and financial education. The bank has supported the West Dallas community in … Read more
Dallas-based Vista Bank is expanding its footprint to Florida, the company’s first location outside of Texas, according to the South Florida Business Journal. The bank has taken office space on the first floor of the Divosta Towers in Palm Beach Gardens and plans to open a branch in mid-August. The Journal reports that Dan Sheehan, a … Read more
Harlingen-based Texas Regional Bank has opened a new banking center in San Antonio. With this expansion, the bank now has 29 locations across Texas. The new location expands Texas Regional Bank’s footprint along the I-35 corridor and brings it to Bexar County. Located near 1604 North and Blanco Rd., the bank’s services are tailored to personal … Read more
On May 18, Houston-based Amegy Bank unveiled its newly renovated banking center in The Woodlands, located at 4576 Research Forest Dr. The refreshed space now houses The Cannon, an innovation, technology and entrepreneurship hub where North Houston business owners, early-stage founders, corporate partners, advisors and investors can come together to create a new-business ecosystem. The … Read more
In May, Independent Banker, the flagship publication of the Independent Community Bankers of America (ICBA), published its annual list of the “Best-performing Banks 2023,” which includes six banks based in Texas or with branches in Texas. “Through creativity, local knowledge and dedication to their customers, community banks continued to demonstrate the value of their relationship-based … Read more
Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank have officially closed on their merger, conducting business as Harmony Bank and now operating as a Texas state-chartered bank. The merger agreement was announced last September by John J. Carona, former Texas state senator and chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of Texas … Read more
Henderson-based VeraBank has awarded five $2,500 scholarships to graduating high school students whose parents are employed at the bank. The recipients of the 2023 scholarships are: Grant Ashby, Lufkin High School, Lufkin; Ryland Carlile, Florence High School, Florence; Tiyah Courville, Cayuga High School, Cayuga; Riley Lux, Sabine High School, Gladewater; and Aspen Woodall, Sabine High … Read more
On May 9, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced the recipients of its first annual Honors Awards program. Awarded through the Texas Capital Bank Foundation, which the firm launched in 2022 to expand and elevate its philanthropic giving, the program includes three grants of $50,000 each that correspond … Read more