Texas

A first-time chief executive will take the helm of the Texas-based credit union next month.

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

A "revolving door" of hiring is no problem for this Texas-based credit union, which doesn't mind if staff quit and later return.

USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.

The Dallas company said a commercial client submitted falsified documents that inflated how much colloteral it had available.

The Texas-based credit union has converted to CU*Answers CU*BASE platform.

Bruce Fox, current EVP/chief investment officer, will move into the corner office upon Kathy Garner's retirement in March.

Happy State Bank and others use rewards, rather than punishments, to encourage employees to stay vigilant and catch fraud and cybersecurity issues.

Bankers in the East Coast hurricane's path — and everyone else — can learn from those who have survived natural disasters.

Dallas Federal Credit Union has merged into Neighborhood CU, with the combined institution serving more than 55,000 members.

Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.

SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.

Jeanne Walker will leave Houston-based Southern Federal Credit Union later this year, with Credit Union Resources leading the search for a successor at the $93 million-asset institution.

Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.

The financial technology services company leverages credit data.

Guaranty Bancorp could have had a different owner if not for a suitor’s ill-timed stock hiccup that gave a rival the upper hand.

The Austin-based credit union serves seven counties in Central Texas.

The plaintiff voluntarily dismissed legal action against tiny Houston-based SPCO Credit Union.

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.