TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Terrell-based American National Bank of Texas announced that it will open a South Dallas loan production office (LPO), located at 820 Exposition Ave., this fall. The office will serve as the new home for the bank’s emerging markets team and play a critical role in the bank’s ongoing efforts to strengthen its presence in South … Read more
Elgin-based Frontier Bank of Texas is strengthening its local footprint with the opening of a third full-service banking location in its home county. Coming this summer to Smithville at 107 NW Loop 230, the newest branch will serve residents and businesses in southern Bastrop County and the surrounding area. The opening of the Smithville banking … Read more
More than 100 Coryell County citizens braved the stormy weather in May to celebrate the opening of Waco-based The First National Bank of Central Texas’ new Gatesville banking center. The event included a ribbon-cutting ceremony and much-needed support for local nonprofit organizations. At the opening, Will Coward, Gatesville banking center president, presented $10,000 donations to … Read more
On April 17, College Station-based American Momentum Bank announced that it is expanding its community association banking division. The bank launched its association banking division in 2016 and hired Heather Karamitsos to serve as senior vice president/director of association banking. Since then, Karamitsos and her team have established American Momentum Bank as one of the … Read more
On August 25, Wichita Falls-based American National Bank & Trust held a groundbreaking ceremony for its new location in Dallas at 5310 Forest Lane. The ceremony was attended by key stakeholders, local leaders, American National Bank & Trust executives and community members. Bank executives outlined American National Bank & Trust’s vision for the future, its … Read more
On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more
Wallis-based Wallis Bank is opening a new full-service branch in Sugar Land, Texas, anticipated for the third quarter of 2024. The branch will offer comprehensive banking services, state-of-the-art facilities, community engagement and an experienced team. “This milestone is a testament to the dedication of growth that Wallis Bank has instilled,” says Aziz Rahim, Sugar Land area … Read more
On February 14, Pittsburgh, Pennsylvania-based PNC Bank announced a significant expansion of its branch network over the next five years, including new Texas locations in Austin, Dallas, Houston and San Antonio. The approximate $1 billion investment will lead to more than 100 new locations across the nation and renovation of more than 1,200 existing locations … Read more
On January 16, Denver, Colorado-based FirstSun Capital Bancorp, the holding company of Dallas-based Sunflower Bank NA, and Seattle, Washington-based HomeStreet Inc., the holding company of HomeStreet Bank, announced that they have entered into a definitive merger agreement under which HomeStreet Inc. and HomeStreet Bank will merge with and into FirstSun Capital Bancorp and Sunflower Bank, … Read more
McAllen-based Rio Bank announced the opening of its first full-service banking center outside of the Rio Grande Valley. The new branch, located in Alamo Heights, marks a significant milestone for the bank as it establishes a presence in one of San Antonio’s most vibrant and growing neighborhoods. The branch, located at 5700 Broadway, is Rio … Read more