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
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
Brownwood-based TexasBank recently announced the appointment of Wayne Garrett, founder and CEO of BentOak Capital, and Mark Denton, former managing director of JPMorgan Chase’s Private Bank, to its board of directors. Garrett is also a founding partner of Snow Garrett Williams CPAs. Garrett has received numerous awards and recognition for his professional service. He is … Read more
Carey Stewart, who has served as chief financial officer of Brownwood-based TexasBank for the past 32 years, retired at the end of 2022. Stewart and his wife, Kim, plan to relocate to Lubbock to spend more time as “Boss” and “Lolli” to their four grandchildren. “To say that TexasBank would not be in the position … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) in Dallas held its 2022 commencement on June 9 for the 62nd class. SWGSB Foundation trustee Brad Cheves, vice president for development and external affairs at SMU, gave the commencement address on executive education’s role in leadership development. John Hope Bryant, renowned entrepreneur, … Read more
Weatherford-based Texas Bank Financial has entered into a merger agreement with its sister bank organization, Brownwood-based Texas Bank. Upon completion of the transaction, the combined banks will operate as TexasBank and have total assets of more than $1.3 billion with 15 branches and loan production offices throughout the Dallas/Fort Worth metroplex, Central Texas and West … Read more