Texas Banking Commissioner Cooper Concludes Service on Financial Stability Oversight Council

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

The First Liberty National Bank Converts to a State-Chartered Bank

On November 30, Charles G. Cooper, commissioner of the Texas Department of Banking, announced that The First Liberty National Bank, headquartered in Liberty, has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating as First Liberty Bank under its new charter on November 30. A wholly owned … Read more

Texas Banking Commissioner Re-appointed to FSOC

The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve as the state banking representative on the Financial Stability Oversight Council (FSOC). This is his third consecutive term as the state banking representative. “In today’s dynamic environment, regulatory coordination is critical for a safe and well-functioning financial system. Commissioner Cooper … Read more

Walker, Texas Department of Banking’s Dallas Regional Director, to Retire

Larry W. Walker, director of the Texas Department of Banking’s Dallas regional office, is retiring after 42 years of service. His retirement is effective July 31. Walker joined the Texas Department of Banking in 1980 as an assistant financial examiner in Corpus Christi and was promoted to commissioned examiner in 1983. In 1993, he was … Read more

Texas Banking Commissioner Approves De Novo Charter for Texas Traditions Bank

On April 29, Texas Banking Commissioner Charles G. Cooper announced the approval of Texas Traditions Bank in Katy—the first de novo state bank charter since September 2019. The bank is anticipated to serve customers primarily in Fort Bend County and portions of Harris and Waller counties. Subject to the granting of deposit insurance by the … Read more

Texas Exchange Bank SSB Converts to State-Chartered Bank

Charles G. Cooper, commissioner of the Texas Department of Banking, announced that Crowley-based Texas Exchange Bank SSB has completed its conversion to a Texas state-chartered bank from a state savings bank. The bank began operating as Texas Exchange Bank under its new charter effective January 1, 2022. Texas Exchange Bank SSB was originally chartered in 1970 … Read more

Rodriguez Appointed Deputy Commissioner of the Texas Department of Banking

On August 20, Charles G. Cooper, commissioner of the Texas Department of Banking, announced the appointment of Wendy Rodriguez as the agency’s deputy commissioner. She will oversee all the operational and administrative functions of the department, including strategic initiatives. She will also assist Cooper with governmental interactions, including the Office of the Governor, Texas Legislature … Read more

Texas Deputy Banking Commissioner Purdom to Retire

Kurt Purdom, deputy commissioner at the Texas Department of Banking, has announced his retirement effective August 31. The announcement comes after serving more than 39 years in bank regulatory supervision with the Texas Department of Banking. Purdom has held the position of deputy banking commissioner since November 2018. “Kurt has been part of this agency’s … Read more