TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that SouthState Bank NA, based in Winter Haven, Florida, has applied to acquire Independent Bank, dba Independent Financial, based in McKinney. Branches The OCC reports that it has approved applications by Bank of America NA, based in Charlotte, North Carolina, to establish the following branches: 110 S. Wayside Dr. … Read more
The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, has announced the recipients of its 2024 Cornerstone and Leader in Financial Education (LiFE) Awards. Each of the banks or bankers selected has demonstrated excellence in community involvement or has promoted financial education in its communities. The awards were presented during the May … Read more
Branches The OCC reports that it has approved an application by Amarillo National Bank, based in Amarillo, to establish a branch at 1700 Coulter in Amarillo. The TDB reports that it has approved applications by Maverick Bank, based in Fort Davis, to establish the following branches: 110 NW Ave. B in Seminole and 4529 114th … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has established a branch at 4101 W. Wheatland Rd. in Dallas. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northeast corner of Katy Hockley Cut-Off Rd. and Morton Rd. in Katy. … Read more
The Texas Bankers Association (TBA) recently announced the elected officers and directors for the 2024–25 board: Chair Jan Mills, First National Bank of Winnsboro; Vice Chair Ron Butler, First Financial Bank in Abilene; Treasurer William Lucas, Shelby Savings Bank in Center; and Past Chair A. Ford Sasser III, of Rio Bank in McAllen. The officers’ … Read more
Branches The OCC reports that it has approved an application by U.S. Bank NA, based in Cincinnati, Ohio, to establish a branch at 9753 Katy Fwy., Ste. 100, in Houston. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the southeast … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northeast corner of N. Grove Blvd. and N. Hwy. 77 in Waxahachie. The OCC reports that MidFirst Bank, based in Oklahoma City, Oklahoma, has established a branch at 2330 Loop … Read more
On May 15, Southside Bancshares Inc., the holding company of Tyler-based Southside Bank, announced the election of Dr. Kirk A. Calhoun to the company’s board of directors. He was also appointed to the bank’s board of directors. Calhoun has served a combined 22 years as the president of the University of Texas–Tyler and the University … Read more
On May 16, the boards of Southside Bancshares Inc. and Tyler-based Southside Bank unanimously approved the appointment of Keith Donahoe to serve as president of the company and the bank. Lee R. Gibson will continue as chief executive officer of the company and the bank. Donahoe has almost 30 years of experience in banking in … Read more
Conversions The TDB reports that Sunflower Bank, based in Dallas, has applied to convert from a national association to a Texas state-chartered bank. Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 14309 E. Sam Houston Pkwy. N in Houston. The OCC reports … Read more