TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Oklahoma City, Oklahoma-based MidFirst Bank has entered into a definitive agreement to acquire the Houston branches of Coral Gables, Florida-based Amerant Bank. Upon closing expected later this year, MidFirst Bank will add six Amerant Bank locations to the company’s footprint and gain Amerant Bank’s Houston client relationships totaling approximately $576 million in deposits and $529 … Read more
Forbes has released its 15th annual list of “America’s Best Banks,” with numerous companies headquartered in Texas making the cut. Of the 100 banks on the list, eight are based in the Lone Star State. Here are the Texas-based 2024 “America’s Best Banks” (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks: … Read more
Harlingen-based Texas Regional Bank has announced four strategic hires to strengthen its trust and wealth management division. The team will operate from the bank’s Houston region. Joshua Flores has joined Texas Regional Bank as chief fiduciary officer. With a decade of experience in trust and estate litigation, he brings a wealth of expertise in fiduciary … Read more
United Way of Greater Houston is banking on some 750 Amegy Bank employees for its 34th annual United Way Giving campaign, which the bank is calling “Amegy Bank Through the Years: The Eras Tour.” Themed around Taylor Swift’s Eras tour, Houston-based Amegy bankers are dedicating February 1 through 23 to raising money for their communities … Read more
First Financial Bankshares Inc., the holding company for Abilene-based First Financial Bank NA, has announced the appointment of Keith Morton to executive vice president/Houston credit administration. The announcement was made by Luke Longhofer, executive vice president/chief lending officer. Morton previously served as senior vice president of special assets at Capital One Bank in Houston since … Read more
Corpus Christi-based American Bank has hired Kyle Fernandez to join its Houston team as a commercial lending officer. He will office at the bank’s 3737 Buffalo Speedway location. Making the announcement was Charlie Phillips, Houston market president. Fernandez joins American Bank after spending the past 18 months as an investment analyst for Pin Oak Investment Advisors … Read more
In January, Houston-based Amegy Bank gave away $10,000 each to three lucky clients—one in San Antonio and two in the bank’s Houston region. According to the bank’s press release, “Times are tough for everyone right now, with the current state of the economy, inflation and overall cost of living, so Amegy Bank wanted to start … Read more
The Federal Reserve Board of Governors has reappointed Thomas J. Falk as chair and Claudia Aguirre as deputy chair of the Federal Reserve Bank of Dallas board of directors for 2024. Falk joined the Dallas Fed board in 2019 and served as chair in 2022 and 2023. He is retired chairman and CEO of Irving-based … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units. “Affordable housing is a critical need for communities … Read more
The Federal Reserve Bank of Dallas recently announced numerous appointments and reappointments to its network of branches in San Antonio, El Paso and Houston. As board members, these individuals provide input on the region’s economy as part of the Federal Reserve’s monetary policy function. Each branch board consists of seven members—four appointed by the Dallas … Read more