TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Tyler-based Southside Bancshares Inc., the holding company of Southside Bank, rang the Nasdaq opening bell on Monday, September 28, in celebration of the bank’s 60th anniversary. Lee R. Gibson, president and CEO, presided over the virtual event and was joined by members of the company’s leadership team. Click here to view Southside Bancshares’ Nasdaq opening … Read more
On September 18, the Federal Deposit Insurance Corp. (FDIC) announced the launch of the agency’s first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this inaugural challenge is “The Effects of Community Banks on Local Economic Development.” The FDIC’s Center for … Read more
In recent weeks, Federal Home Loan Bank of Dallas (FHLB Dallas) members in parts of Louisiana have been severely impacted by Hurricane Laura. FHLB Dallas recently announced $923,502 in grants available through its member institutions and another $75,000 donation to help with recovery efforts in Louisiana. “Hurricane Laura pummeled portions of Louisiana at a time … Read more
On September 8, the Independent Bankers Association of Texas (IBAT) announced the three winners of its coveted Five*Star Award: Fenimore, Kay, Harrison & Ford LLP (tier 1); CalTech (tier 2); and Fitech Payments (tier 3). Since 2002, IBAT’s Five*Star Award has recognized associate members that routinely provide excellent service and innovative solutions to help community … Read more
The Independent Bankers Association of Texas (IBAT) recently honored 17 Texas community banks with Best of Community Banking Awards. This year marks the 29th annual celebration of the outstanding accomplishments of IBAT member banks and the critical role they play in communities across Texas. “Community banks do so much for their customers, neighbors and employees, … Read more
Louise-based Louise Bancshares Inc. and its wholly owned subsidiary, The First State Bank, and Dilley-based Dilley State Bank announced on September 1 that they have entered into an agreement whereby Louise Bancshares Inc. would acquire Dilley State Bank. Upon closing of the transaction, expected in the fourth quarter of 2020, Dilley State Bank will become … Read more
El Campo-based Prosperity Bank, the City of Lubbock and Lubbock ISD are partnering for the 18th-annual American Tribute Flag Field. The flags are flying from September 11 to September 18 at Kastman Park, located at Lynnhaven Dr. and South Loop 289 in Lubbock. The flag field tribute serves as a remembrance of the lives lost … Read more
On August 31, Texas Banking Commissioner Charles G. Cooper announced that Trenton-based CapTex Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating as CapTex Bank under its new charter effective August 31. The bank, a wholly owned subsidiary of CapTex Bancshares Inc., was originally chartered in 1901 … Read more
Dallas-based Hilltop Holdings Inc. recently launched its newly redesigned corporate website, featuring a streamlined design, improved functionality and easy access to essential information for investors, customers and others seeking to learn more about the financial holding company. The new site brings together information about the entire Hilltop family of companies, which includes PlainsCapital Bank, the … Read more
The Woodlands-based Woodforest National Bank opened two new locations in Alabama on August 28. The new branches—located in Foley and Birmingham—offer a range of banking services for consumer and business customers. “We are always happy to invest in our communities and appreciate that our customers continue to support us by making Woodforest their bank of … Read more