Texas

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

T.J. Tijerina, a 16-year employee at the Houston-based credit union, has taken over as president and CEO in advance of Ron Downing’s retirement later this year.

In December, the National Credit Union Administration barred the individuals from working in the financial services sector for taking money from their institutions for personal use.

The Allen, Texas-based institution is crediting a robust on-site medical program with helping keep staff and members safe.

Tonia Clark will leave Las Colinas FCU to take the helm of $116 million-asset Allied.

The Amarillo company is buying First National Bank of Tahoka, continuing the industry’s consolidation in the state.

Ayn Talley will step down in January, to be succeeded by the credit union's longtime executive vice president.

The companies took a pause from merger discussions when the pandemic hit to evaluate their individual circumstances.

Haegelin spent several decades in the credit union movement, including helping found the nonprofit Credit Unions for Kids.

The trade group representing credit unions in Arkansas, Texas and Oklahoma said the change is an attempt to better unify a variety of services the association offers.