TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more
On April 7, Dallas-based Texas Capital Bank NA and its parent company, Texas Capital Bancshares Inc., announced that Julia Harman has been appointed to the newly created position of head of corporate banking. She will report directly to Rob C. Holmes, president and CEO of Texas Capital Bank and Texas Capital Bancshares. Harman will be responsible … Read more
On February 26, Dallas-based Texas Capital Bank and its parent company, Texas Capital Bancshares, announced that Tim Storms has been named chief risk officer of both companies. Storms replaces John Turpen, who will continue with the company until March 31 to ensure an effective transition. Storms will report directly to Rob Holmes, president and CEO of Texas … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
Denton-based AccessBank Texas recently hired Wendy Holder to serve as Dallas market president. With a wealth of banking experience and knowledge, for the past 10 years she has served in senior leadership positions with Texas Capital Bank and Bank of Texas in Dallas, building out their business development practices. She was senior vice president and director … Read more
Dallas-based Texas Capital Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have provided a $750,000 Affordable Housing Program (AHP) grant to expand the capacity of the Presbyterian Night Shelter homeless men’s long-term program from 240 to 280. The shelter, which opened in 1984, is located just east of downtown Fort Worth. It … Read more