TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that Citizens National Bank, based in Cameron, has established a new branch at 1711 Central Texas Expwy., Ste 105, in Killeen. The OCC reports that The First National Bank of Hughes Springs, based in Hughes Springs, has applied to establish a branch at 100 N. Columbus in Marshall. The OCC reports … Read more
On December 4, First National Bank of Jasper and First State Bank of Livingston will complete their merger under the name First State Bank of Livingston (First State Bank). With a combined asset size of more than $700 million, the merger positions the combined bank to invest in additional resources such as technology, as well as … Read more
Mergers and Acquisitions The TDB reports that First State Bank of Livingston, based in Livingston, has completed its merger with First National Bank of Jasper, based in Jasper. Branches The OCC reports that it has approved an application by West Texas National Bank, based in Midland, to establish a branch at 500 Dallas St., Ste. … Read more
Branches The OCC reports that Woodforest National Bank, based in The Woodlands, has established a branch in the HEB at 1621 Mason Rd. in Katy. The OCC reports that it has approved an application by Yoakum National Bank, based in Yoakum, to establish a branch at 22101 Westheimer Pkwy. in Katy. The OCC reports that Brenham … Read more
Charles G. Cooper, commissioner of the Texas Department of Banking, has announced the selection of Robert K. Nichols III as the agency’s general counsel. Nichols will be responsible for overseeing the legal division and providing advice to the banking commissioner, as well as other divisions across the agency. He will also be responsible for assisting … Read more
The Conference of State Bank Supervisors (CSBS) has released an update (version 2.0) to the Ransomware Self-Assessment Tool (R-SAT) for financial institutions. The R-SAT, which was developed in collaboration with the Bankers Electronic Crimes Task Force, state bank regulators and the U.S. Secret Service, was originally released in October 2020. According to the Texas Department … Read more
Branches The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 1015 Hwy. 80 in San Marcos, 4107 Fry Rd. in Katy and 5010 N. 95th Ave. in Glendale, Arizona. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied … Read more
Name Changes The TDB reports that Security State Bank, based in Winters, has changed its name to Victory Bank. Home Offices The TDB reports that Victory Bank has relocated its home office from 700 S. Main St. in Winters to an existing branch office at 4710 4th St. in Lubbock and will maintain the office … Read more
Conversions The TDB reports that First Financial Bank, based in Abilene, has applied to convert from a national association to a state-chartered bank. Branches The OCC reports that Texas National Bank, based in Mercedes, has applied to establish a branch at 4000 S. Business Hwy. 281 in Edinburg. The TDB reports that Wallis Bank, based … Read more
Abilene-based First Financial Bankshares Inc. has announced that its subsidiaries, First Financial Bank NA and First Financial Trust and Asset Management Co. NA, have each filed applications with the Texas Department of Banking to convert to a Texas state banking association and a Texas-chartered trust company, respectively. The bank has been a national bank since … Read more