TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On September 5, Texas Banking Commissioner Charles G. Cooper announced the appointment of Jared A. Whitson as director of bank and trust supervision for the Texas Department of Banking. The appointment is effective immediately. Whitson began his career with the Texas Department of Banking in 2004 as an assistant examiner and later earned his commission … Read more
On May 1, the Federal Financial Institutions Examination Council (FFIEC) announced the selection of Texas Banking Commissioner Charles G. Cooper to its State Liaison Committee (SLC) for a two-year term. The SLC also announced that Cooper has been elected chair of the committee for a one-year term. Cooper has served as Texas’ banking commissioner since … Read more
On December 31, 2022, Charles G. Cooper, commissioner of the Texas Department of Banking, completed his third consecutive two-year term serving on the Conference of State Bank Supervisors (CSBS) Financial Stability Oversight Council (FSOC). The CSBS has appointed Adrienne A. Harris, superintendent of the New York State Department of Financial Services, to succeed Cooper. Title … Read more
On November 21, Charles G. Cooper, commissioner of the Texas Department of Banking, announced that Arlington-based Worthington National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Effective November 21, the new charter will begin operating under the name Worthington Bank. Originally chartered in 2002, Worthington Bank is a … Read more
Members of the Independent Bankers Association of Texas (IBAT) will return to Colorado for the 22nd Annual Winter Summit, January 29–31 at the Westin Riverfront Resort & Spa in Avon, at the base of Beaver Creek Mountain. The meeting provides a memorable opportunity for bankers to have face-to-face interaction and invaluable conversations with senior regulators … Read more
The February 2022 edition of the Texas Bank Report, published by the Texas Department of Banking, is now available on the department’s website. It includes September 30, 2021, financial data. “Many observers anticipated tough times for the financial service industry in the early days of the pandemic; however, nearly two years later, this has not … Read more
On September 15, Texas Banking Commissioner Charles G. Cooper announced that Dallas-based Texas Capital Bank NA has completed its conversion to a Texas state-chartered bank from a national banking association. The bank opened under its new charter as Texas Capital Bank on September 15. Texas Capital Bank was originally chartered as a national bank in … Read more
State financial regulators, joined by the Bankers’ Electronic Crimes Task Force and U.S. Secret Service, have issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” says Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes … Read more
The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve his second two-year term as the state banking representative on the Financial Stability Oversight Council (FSOC). Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act created the FSOC to monitor the safety and stability … 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