TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
SheenRegistration for the Independent Bankers Association of Texas’ (IBAT) 37th Annual Connecting Leaders Conference, the IBAT Leadership Division’s flagship event, is now open. Texas community bankers are encouraged to attend the family-friendly event being held June 16–18 at the Kalahari Resort in Round Rock. IBAT’s Connecting Leaders Conference focuses on developing the next generation of … Read more
On April 22, Wilmington, Delaware-based PNC Bank announced the opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint and the first hub of this type to be established in Texas. The hub will accommodate approximately 200 employees, the majority of which will focus on … Read more
On April 13, Forbes released its 2022 list of the “Best Banks in the World.” Twenty-seven countries were included in the list, with 75 of those being U.S.-based banks. Of the U.S. banks, six are based in Texas, with another twelve that have a presence in the Lone Star State. According to Forbes: Prospects for … Read more
Bank of Brenham has announced development plans for a new, full-service branch in Bryan/College Station to be known as Bank of B/CS. The bank will begin operations late this spring at 3030 University Dr., Ste. 200, in College Station. In addition to opening this location, the bank will begin construction of a new bank at … Read more
On April 11, Simmons First National Corp., the parent company of Pine Bluff, Arkansas-based Simmons Bank, announced that it has completed the acquisition of Spirit of Texas Bancshares Inc., the parent company of Conroe-based Spirit of Texas Bank SSB. A definitive agreement to acquire Spirit of Texas Bank was previously announced last November with Spirit’s … Read more
For the 13th consecutive year, Frost Bank has received the highest ranking in customer satisfaction in Texas, according to the J.D. Power 2022 U.S. Retail Banking Satisfaction Study. The study ranked banks doing business in Texas, including regional and large banks. With an overall satisfaction index score of 755—89 points higher than the Texas region average—Frost … Read more
On March 25, The First National Bank of Moody celebrated the grand opening of its first branch in Troy. The ceremony was well attended by the First National Bank leadership team, Troy branch employees, the City of Troy Council and members of the Troy community. Troy has been without a bank branch since 2011. “Every … Read more
On April 1, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has completed its previously announced acquisition of Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank, pursuant to the terms of a definitive agreement and plan of merger whereby, in a series of transactions, an acquisition … Read more
On March 28, Home Bancorp Inc., the holding company of Lafayette, Louisiana-based Home Bank NA, announced the completion of its acquisition of Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA. The combined company has total assets of approximately $3.2 billion, $2.2 billion in loans and $2.7 billion in deposits. “Since announcing our … Read more
The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during its 2022 ICBA Capital Summit, May 1–4 in the nation’s capital. Throughout the week, community banks will meet with key policymakers to bring greater awareness to the community banking industry’s legislative and regulatory agenda and share personal accounts of its … Read more