TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
By Allison Maddock, CSI To find out how bankers will confront challenges associated with a changing technology landscape, artificial intelligence, cybersecurity, financial crimes and more, Kentucky-based CSI, a leader in the fintech and regtech industries, surveyed banking executives from across the nation about their strategies and priorities for 2024. The survey results spotlight the challenges … Read more
Mergers and Acquisitions The TDB reports that Lone Star State Bank of West Texas, based in Lubbock, has merged into Prosperity Bank, based in El Campo. Branches The OCC reports that it has approved an application by Great Plains National Bank, based in Elk City, Oklahoma, to establish a branch at 2620 N. Travis in … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a branch at 4101 W. Wheatland Rd. in Dallas. The OCC reports that Investar Bank NA, based in Baton Rouge, has applied to establish a branch at 2657 S. Loop 336 W, Ste. B, in Conroe. The OCC reports … 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
Bank Charters The TDB reports that Houston Bank & Trust, based in Houston, has applied for a state bank charter with headquarters based at 919 W Drew St. in Houston. Name Changes The TDB reports that Fort Davis State Bank, based in Fort Davis, to change its name to Maverick Bank. Branches The TDB reports … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Prosperity Bank, based in El Campo, to acquire Lone Star State Bank of West Texas, based in Lubbock. Conversions The TDB reports that Third Coast Bank, based in Humble, has converted from a state savings bank (as Third Coast Bank SSB) to … Read more
Branches The OCC reports that Woodforest National Bank, based in The Woodlands, has established a branch in the HEB at 16000 Woodland Hills Dr. in Humble. The OCC reports that it has approved applications by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish the following branches: at the southwest corner of State Hwy. … Read more
Branches The OCC reports that it has approved an application by The First National Bank of Sonora, based in Sonora, to establish a branch at 205 Exchange Blvd. in Hutto. The OCC reports that National Bank & Trust, based in La Grange, has applied to establish a branch at 4401 S. Staples St. in Corpus … Read more
On March 5, Spearman-based First National Bank and Guymon, Oklahoma-based Bank of the Panhandle announced their intent to merge and become Panhandle First Bank. The two banks have frequently partnered over the past 39 years to serve their communities, and have determined that the communities will be better served by combining the two institutions into … Read more
Branches The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has applied to establish a branch at 2620 N. Travis, Ste. 200, in Sherman. The TDB reports that it has approved an application by Veritex Community Bank, based in Dallas, to establish a branch at 4660 Sweetwater Blvd. in Sugar Land. … Read more