TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The board of directors of Cullen/Frost Bankers Inc., the holding company for San Antoino-based Frost Bank, has announced that Hope Andrade, former Texas secretary of state, has been elected to the board. She will join the board’s audit and risk committees. “[Andrade] is a longtime Texas entrepreneur and leader with a wealth of knowledge about … Read more
The Texas Bankers Hall of Fame will induct its 2022 honorees at the Ninth Annual Texas Bankers Hall of Fame Gala on April 28 on the campus of Sam Houston State University in Huntsville. Five iconic bankers—James D. “Jay” Dreibelbis, the late Robert Griffith “Bob” Greer, W. Wes Hoskins, Ben Morgan and R. Michael Rigby—will … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more