WestStar Bank’s Conroy Appointed to Texas Department of Housing and Community Affairs

Texas Governor Greg Abbott has appointed Cindy Conroy, assistant vice president/director of community outreach at El Paso-based WestStar Bank, to the Texas Department of Housing and Community Affairs. The department is responsible for promoting and preserving homeownership, financing the development of affordable rental housing, supporting community and energy assistance programs, and performing other functions. Her … Read more

Guaranty Bank & Trust Makes $1 Million Investment to the Austin Housing Conservancy Fund

Guaranty Bancshares Inc., the parent company of Mount Pleasant-based Guaranty Bank & Trust, announced a $1 million equity investment in the Austin Housing Conservancy Fund (AHC) to support workforce affordable rental housing in Central Texas. AHC is a private equity fund focused on purchasing multi-family properties and preserving them as affordable housing for front-line personnel, creatives, … Read more

Legend Bank Launches ‘Snack Bar of Support‘ to Encourage Health Care Workers

Bowie-based Legend Bank has launched a bank-wide outreach effort to show support for the health care workers in its communities. It’s called the “Snack Bar of Support.” The idea started with a request from Wise Health System in Decatur. Laura Tanner, a patient navigator at Wise Health System, reached out to Delaina Henderson, Legend Bank’s … Read more

The Loyalty Factor: Translating Relationships into Non-Interest Income

The past year and a half has challenged our industry in ways previously unknown. We began the year expecting our biggest challenge would be the continued growth of deposits at reasonable rates. Today, we are faced with three challenges: a prolonged low-rate environment with continued margin compression; keeping branches open/serving our communities; and an increasing … Read more