Texas

Bankers had asserted in April that they could handle a slump in oil prices tied to the coronavirus pandemic. Continued volatility, combined with declining collateral values and a rise in bankruptcies for exploration companies, is denting their confidence.

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

CBTX in Houston must develop policies and procedures, along with a training program, to address deficiencies in its bank's compliance with the Bank Secrecy Act.

Anita Gail Moody, who was president of Enloe State Bank, admitted to creating phony loan documents — and setting a fire to destroy them — before the bank was shuttered in May 2019.

The Dallas bank appears to be at a crossroads after its merger with Independent Bank Group was called off Tuesday.

Texas Capital also said that Keith Cargill has stepped down as president and CEO.

The merger between the two Corpus Christi, Texas-based institutions is expected to close this summer.

Dean Bass, chairman and CEO of Spirit of Texas Bancshares, had taken a leave of absence after contracting COVID-19.

Spirit of Texas Bancshares named an interim CEO for Dean Bass, though the company said he is recovering.

Weak demand for oil and gas, brought on by the economic fallout of the coronavirus outbreak, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of potential problems.

Fort Worth City CU returned money to members who saved and borrowed from the credit union last year, though net income was down amid an increase in charge offs and delinquencies.

The formerly invite-only challenger bank Majority has launched across the U.S. offering free remittances to four African countries.

National Lloyds, which provides insurance for mobile homes, has a distribution network that operates in 40 states.

Cassandra McKinney's promotion to executive vice president of the retail bank is the latest executive move by Curt Farmer, who became the Dallas company's CEO in April.

Bask Bank will offer customers AAdvantage miles for every dollar saved.

Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year.

David Frazier will take the helm of the Dallas-area institution in February.

Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions. Here's an overview of those trends and others that stood out in bank dealmaking last year.

Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas.

The Plano, Texas-based corporate credit union closed out the decade with a new milestone.