Texas

HOUSTON — Houston Metropolitan Federal Credit Union said Barbara Stephens will retire after 23 years as its president and CEO, with Malcolm René scheduled to take the helm on June 1.

AUSTIN, Texas — Jwaala, a provider of mobile and online banking solutions to U.S. financial institutions, Tuesday said it has signed its 100th client in the credit union space — Palisades Federal Credit Union, Pearl River, N.Y.

Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.

Texas Capital Bancshares in Dallas reported a higher first-quarter profit on an increase in total loans and heightened demand for refinancing home loans.

AUSTIN, Texas – As the Cornerstone Credit Union League nears its second birthday, its CEO says the organization is working well for CUs in Texas, Arkansas and Oklahoma.

The $5.8 billion First Financial said in a press release Wednesday that it will pay $1.9 million in cash for 4Trust Mortgage in a deal that should close next month.

AUSTIN, Texas — There is a "new day" coming as Congress considers a trio of bills related to the member business lending cap.

Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.

First Financial Bankshares in Abilene, Texas, has agreed to buy FBC Bancshares in Conroe, Texas.

PLANO, Texas — Alkami Technology, Inc., a provider of digital banking solutions, said Syracuse, N.Y.-based Empower Federal Credit Union has selected the company's ORB Platform for digital banking.

AUSTIN, Texas — Two-thirds of adults in the U.S. report they would rather use a credit union or community bank instead of a big national bank.

A Colorado financial institution is appealing to young, outdoorsy and wired customers with soft marketing, including a smartphone-guided treasure hunt for free snowboards and skis at a winter resort.

Few would dispute that the U.S. ought to move to a faster payment system. But the hurdles to modernizing the infrastructure are daunting, said participants in a panel at this week's Retail Banking 2015 conference.

Veritex Holdings in Dallas has agreed to buy IBT Bancorp in Irving, Texas.

BancorpSouth in Tupelo, Miss., is planning to add a former Bank of America executive to its board.

Catalyst Corporate Federal Credit Union is leveraging the most romantic holiday on the calendar with its "Capture My Heart" promotion.

LONGVIEW, Texas — East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system.

The Dallas-based subprime auto lender lowered its provision for losses in the fourth quarter even as delinquencies and chargeoffs continued to creep up.

The San Antonio financial services provider says 101,000 members have already logged into mobile banking with a spoken phrase or a selfie. It may be a sign that after 50 years, biometric authentication is finally hitting the mainstream.

BB&T in Winston-Salem, N.C., has received regulatory approval to buy Citigroup's remaining branches in Texas.