TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more
Promotions and a new hire have been announced at Longview-based Texas Bank and Trust’s West Grande and South Broadway locations in Tyler. Zach Gilbert has been promoted to vice president/commercial lender. He holds a BS degree in agricultural and applied economics degree from Texas Tech University and is a graduate of the Oklahoma University Economic … Read more
The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented the annual Cornerstone and Leaders in Financial Education (LiFE) awards to banks at a special virtual video presentation on December 3. The Cornerstone Award recognizes excellence in community involvement by Texas banks. The following banks were honored with the 2020 Cornerstone Award. … 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
Andrew Rodriguez has been promoted to portfolio manager and banking officer at Longview-based Texas Bank and Trust Co.’s Tyler Grande location. He joined the bank in 2012 and has worked in its commercial lending division as a credit analyst since 2018. Rodriguez holds a Bachelor of Applied Arts and Sciences degree, as well as an MBA … Read more
Henderson-based VeraBank has hired three new team members in the Tyler market who will help lead the business and commercial banking charge to develop and grow new relationships. Andrew Adams joins VeraBank as senior vice president and Tyler market president. He has 21 years of banking experience and will focus primarily on business development and … Read more
This month, David Kelton Monk is celebrating 50 years in the Texas banking industry and he’s not done yet. He launched his banking career in September 1970 as a teller at Citizens State Bank in Malakoff. From 1972 to 1980, he served as vice president at First Savings & Loan in Athens. He then worked … Read more
Tyler-based Southside Bank is opening a new Austin branch on August 31 at The Domain. The new space, located at 11815 Alterra Pkwy., Ste. 100, is a relocation of the bank’s Austin branch on N. Mopac Expwy., which will close on August 28. In addition to The Domain location, Southside Bank will continue to serve … Read more