TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 17, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas Inc., the parent company of Midland-based FirstCapital Bank of Texas NA. The merger is expected to be effective as of May … Read more
Houston-based Central Bank recently announced the hiring of two seasoned bankers to serve on the commercial banking team as senior vice presidents. Will Neuhaus has joined Central Bank as senior vice president/commercial banking. He has focused his financial services career on treasury management, as well as commercial/industrial and not-for-profit lending. Neuhaus’ previous experience includes role … Read more
Arlington-based Susser Bank has opened its first full-service location in Houston. The de novo office is located at Post Oak Central, a mixed-use development with three office towers surrounded by retail, restaurants and hotels. Susser Bank’s space encompasses more than 5,600 square feet. “We chose Houston’s Uptown area, and specifically Post Oak Central, because of … Read more
Corpus Christi-based American Bank welcomes Stephen Jukes as senior commercial lending officer. He will work with the bank’s Houston team. He has nearly 40 years of commercial banking and financial services experience. Prior to joining American Bank, Jukes served as executive vice president/corporate banking manager at CommunityBank of Texas NA. He has also worked at Frost … Read more
Wyatt Blackburn has joined Dallas-based Veritex Community Bank as senior vice president and relationship manager, bringing more than 40 years of experience in launching, developing and managing operations for specialty property and casualty insurance company fronting platforms. His focus is on developing lending and banking relationships with a particular emphasis on the insurance industry. Blackburn … Read more
Tyler-based Southside Bank recently announced that Alice Yang has been named Houston market president. She has worked at Southside Bank since 2020 as commercial lending manager. In her new role, she will oversee all aspects of commercial lending operations and support the growth of the bank’s customer base in the market. The bank’s Houston location … Read more
On February 21, the American Bankers Association (ABA) launched an online resource focused on special purpose credit programs (SPCPs), highlighting Houston-based Amegy Bank’s Small Business Diversity Banking Program (SBDBP) as the SPCP benchmark for banks across the nation. ABA’s webpage outlines how SPCPs work and includes a checklist for banks to follow when developing models … Read more
On February 27, Baker Hughes, an energy technology company, announced a $50 million investment to support Houston-based Unity Bank, Texas’ only Black-owned banking institution, citing the move as part of its commitment to supplier diversification and advancement of racial equity. The investment, made through a $50 million deposit in J.P. Morgan Asset Management’s Empower share … Read more
The board of directors of the Federal Reserve Bank of Dallas’ Houston branch has elected Ruth Simmons chair and Cynthia Colbert chair pro tem for 2023. Simmons joined the Houston branch board in 2020. She is president of Prairie View A&M University. Previously, she was president and professor of comparative literature and Africana studies at … Read more
Tray Mounce, a longtime Houston banking executive, has been named executive vice president at San Antonio-based Vantage Bank. His hiring comes as the Texas-based bank launches its expansion into the Houston market. Mounce will serve as co-president of the Houston market alongside recently hired Cody Canno, also an executive vice president. Mounce has more than … Read more