TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Stellar Bancorp Inc., the holding company of Houston-based Stellar Bank, announced the election of Cynthia Dopjera to the board of directors of the company. This election as a class II director fills an existing vacancy. Stellar Bancorp has a 14-member board, which consists of 11 independent directors. Dopjera currently serves on the Stellar Bank board … Read more
The Texas Bankers Association (TBA) recently announced the elected officers and directors for the 2023–24 board. The officers elected are Chair David W. Osborn, WestStar Bank in El Paso; Vice Chair Jan Mills, First National Bank of Winnsboro; and Treasurer Ron Butler, First Financial Bank in Abilene. The officers’ terms run from June 1, 2023, … Read more
Following last summer’s merger of Houston-based CommunityBank of Texas NA and Houston-based Allegiance Bank, the resulting Stellar Bancorp Inc. recently unveiled a logo for the new bank, Stellar Bank, which is expected to open for business in February. According to a press release issued to announce the transaction, the new bank is expected to have … Read more
On May 17, CBTX Inc., the parent company of Houston-based CommunityBank of Texas NA, and Allegiance Bancshares Inc., the holding company of Houston-based Allegiance Bank, jointly announced that Stellar Bancorp Inc. will be the name of the combined company and Stellar Bank will be the name of the combined bank to be created through their … Read more