TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that The Hondo National Bank, based in Hondo, has applied to merge with Community National Bank, based in Hondo, with the resulting bank to be named TXN Bank National Association. Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a … Read more
Branches The TDB reports that The First State Bank, based in Abernathy, has established a branch at 100 E. Hamilton St. in Stamford. The TDB reports that it has approved an application by Grandview Bank, based in Grandview, to establish a branch at 2500 S.W. Wilshire Blvd. in Burleson. The TDB reports that Security State … Read more
On October 21, Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, and Texas Citizens Bancorp Inc. jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank NA. Following the completed transaction, the combined institution is … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 660 N. Main Ave. in San Antonio; 407 S. Commerce St. in Harlingen; 10456 Montwood Dr. in El Paso; 512 N. Organ in El Paso; 600 Matamoros St. in Laredo; 2101 S. 10th St. in McAllen; and 800 E. Tom … Read more
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has completed its merger with BAT Investments Inc., based in Austin. Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established a branch at 1860 Payne St. in Dallas. The OCC reports that VeraBank National … Read more
Plano-based Alkami Technology Inc., a leading cloud-based digital banking solutions provider for U.S. financial institutions, announced that the company has finalized its acquisition of San Diego, California-based MK Decisioning Systems LLC, also known as MK Decision, a technology platform and provider for digital account opening, credit card and loan origination solutions. With the acquisition, Alkami … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … Read more
Austin-based BAT Investments Inc. has acquired Carrizo Springs-based Capital Bank of Texas as part of an effort to expand and strengthen the role of community banks in the state. BAT Investments entered into an agreement to purchase Capital Bank of Texas on January 15, 2021, and the acquisition was finalized on September 28, 2021. The … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more