TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 6, College Station-based American Momentum Bank donated $5,000 to local television station KBTX’s 28th Annual Food for Families Food Drive. The event raised monetary and food donations for the Brazos Valley Food Bank. American Momentum Bank sponsored the 6 p.m. to 7 p.m. “matching time,” contributing a company donation in the amount of … Read more
On July 14, Henderson-based VeraBank announced that it has received the 2023 Financial Services Impact Award in the “Speed” category by North Carolina-based nCino, a financial technology company. The company’s cloud-based banking software helps financial institutions gain efficiencies from digitizing and streamlining processes in commercial banking, small-business banking and retail banking. The award recognizes stand-out … Read more
On March 28, two West Texas community banks came together to support a mission that will improve the lives of teachers, first responders and the Midland Memorial Medical staff by providing affordable housing opportunities in Midland. Midland-based Community National Bank and West Texas National Bank, both known for their philanthropic efforts in the Permian Basin, … Read more
Corpus Christi-based American Bank’s annual Holiday Bear Drive is back and underway. Donations of new stuffed teddy bears will be accepted at any American Bank or TexStar National Bank location through December 31. The stuffed bears are given to children and families who need comfort and support to help rebuild their lives. The bears will … Read more
During the grand opening, the Society of Samaritans (SOS) received a $10,000 donation from Woodforest Charitable Foundation: Beverly Points, SOS secretary and financial counselor (holding check); Becky Benham, SOS executive director (third from left); and Tammy Teale, SOS assistant executive director (second from left); along with Woodforest National Bank’s Brett Simms, assistant vice president/branch manager … Read more
On October 7, the Texas Bankers Association (TBA) and the Independent Bankers Association of Texas (IBAT) announced that more than $360,000 has been raised to support those directly impacted by the Robb School shooting in Uvalde on May 24. The joint effort, administered through the Texas Bankers Foundation, has concluded and has distributed all funds … Read more
On August 3, Killeen-based First National Bank Texas (FNBT) and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented $72,000 to the Dallas Area Habitat for Humanity in a ceremonial check presentation. FNBT and FHLB Dallas provided the funding from FHLB Dallas’ Homebuyer Equity Leverage Partnership (HELP) program in 2022 to help 12 income-qualified, first-time … Read more
The Dakri family, which includes the leadership of Wallis-based Wallis Bank, has pledged $4 million to support the University of Houston’s new Center for Economic Inclusion (CEI) in the C.T. Bauer College of Business. Launched in May, the CEI’s programs build on Bauer’s award-winning SURE program (Stimulating Urban Renewal through Entrepreneurship), which trains students in … Read more
Six Dallas-area Comerica Bank locations collected more than 600 new or gently used formal dresses—as well as accessories—from fellow colleagues, clients and the community last month for teens served by Dallas CASA and the Boys & Girls Clubs of Greater Dallas. Overall, Comerica Bank has donated nearly 5,600 dresses to both organizations and other community … Read more
On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more