Texas

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.

Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.

Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.

Green's sale follows a dedicated effort by its management team to purge its energy portfolio.

Texas Credit Union Commissioner Harold E. Feeney plans to retire at the end of this year.

The Dallas bank reported sizable growth in business and mortgage lending in the second quarter, but it more than doubled its provision for loan losses to cover four credits that went into nonaccrual status.

New service provides credit scores to members via mobile, home banking.

Sarah Spooner moves from chief financial officer to the corner office.

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.

Woodforest National in Texas has relied heavily on hundreds of in-store branches and overdraft fees to boost revenue. That is starting to change.

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared national credits, deteriorated in the second quarter.

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.

Despite strong growth in the auto sector, credit unions continue to push to get members who join via indirect auto lending to add products and services, and fully engage with the CU.

From YouTube test drives to subscription services, auto lending isn’t what it used to be – and credit unions need to ensure they’re keeping up with the times.

Longview, Texas-based credit union has tipped Randall Perason to succeed retiring CEO Betty DeWeese.

According to one analyst, the threat from fintech was overrated – but there are plenty of other tech trends credit unions need to be ready for.