TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that it has approved an application by Lone Star Capital Bank National Association, based in San Antonio, to acquire Business Bank of Texas National Association, based in Austin. Branches The OCC reports that it has approved an application by Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, to establish a … Read more
The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve his second two-year term as the state banking representative on the Financial Stability Oversight Council (FSOC). Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act created the FSOC to monitor the safety and stability … Read more
On August 31, Texas Banking Commissioner Charles G. Cooper announced that Trenton-based CapTex Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating as CapTex Bank under its new charter effective August 31. The bank, a wholly owned subsidiary of CapTex Bancshares Inc., was originally chartered in 1901 … Read more