TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Ken Moore, president and CEO of Anahuac National Bank, recently announced the promotion of James Naivar to assistant cashier. As an employee of Barbers Hill Bank for the past seven years, Naivar has served in many roles and in 2017 was promoted to administrative assistant and new accounts department supervisor. Barbers Hill Bank is part of the Anahuac National Bank … Read more
The Federal Reserve Board of Governors has reappointed Claudia Aguirre of Houston to the Federal Reserve Bank of Dallas board of directors. She will serve a three-year term ending December 31, 2023. On the board since 2019, as a member she provides input into regional and national economic conditions as part of the Federal Reserve’s … Read more
Perryton-based Interstate Bank recently announced that Shelly McCutchen has been promoted to executive vice president/head of operations and board secretary. She joined the bank 24 years ago and has worked in various positions. “Shelly’s a total team player, always willing and able to go above the call of duty and has earned the respect of … Read more
The Federal Reserve Board of Governors has reappointed Greg L. Armstrong as chair and Thomas J. Falk as deputy chair of the Federal Reserve Bank of Dallas board of directors for 2021. Armstrong is co-founder and retired chairman and CEO of Houston-based Plains All American Pipeline LP. He joined the Dallas Fed board in 2015 and … Read more
Baton Rouge, Louisiana-based B1 Bank is opening a new branch in Frisco’s Hall Park, the city’s largest office development. According to The Dallas Morning News, the financial firm is leasing more than 6,600 square feet of offices at 3010 Gaylord Parkway. The new office is set to open early in the new year. B1 Bank already has … Read more
On December 17, Gerald “Gerry” Schwebel, executive vice president at Laredo-based IBC Bank, was presented the Asociación de Empresarios Mexicanos (AEM) San Antonio Legacy Award. The AEM San Antonio Legacy Award recipient is selected by the AEM board of directors to recognize a local business leader who has demonstrated continuous support of the association and … Read more
Lubbock-based Peoples Bancorp Inc. and its wholly owned subsidiary, Peoples Bank, announced the signing of a definitive agreement on December 30 to acquire Seymour-based Baylor Bancshares Inc. and its subsidiaries, First Bank & Trust and Baylor Mortgage Co. Inc. The acquisition is expected to close in the second quarter of 2021. As of September 30, … Read more
Jerome J. “Buddy” Lednicky Jr., former chairman of State National Bank, passed away on January 1 at his residence in West. He was 84. After earning his bachelor’s degree from Texas A&M University and serving in the U.S. Army and Army Reserves, Lednicky launched his banking career, which culminated with his roles as chairman and … Read more
Addison-based Liberty Capital Bank has announced the appointment of Alan Morris as chief executive officer and Amy Pickard as chief financial officer. These leadership changes follow the retirements of former CEO Ben Cunningham and former CFO David Sprinkle from the company. “Ben Cunningham’s influence as the CEO of Liberty Capital Bank cannot be understated,” says … Read more
Philip Paul Cloud, former executive vice president and chief credit officer at Bank of the West in Grapevine, passed away on December 3 after a brief stay at Dallas Methodist Hospital. He was 61. After receiving his bachelor’s degree in finance from the University of Texas–Arlington, Cloud followed in the footsteps of his father, Roger … Read more