Texas

Nautilus Hyosung America Inc. has developed an automated teller machine that also sells lottery tickets.

Horizon Bank in Austin said Tuesday that it has hired Kelli Click to run the Waco, Texas, office of a Horizon unit that helps investors roll over retirement assets into individual retirement accounts.

Cardtronics Inc. swung to a profit in the fourth quarter as consumers kept their credit cards in their wallets and relied instead on debit cards and cash.

Illinois Attorney General Lisa Madigan sued seven debt settlement firms and six of their executives, alleging the firms misrepresent their services to consumers as a way to boost credit scores.

Xerox Corp. said Monday it has completed its roughly $6.4 billion acquisition of Affiliated Computer Services Inc., an outsourcer that, among other things, processes credit card applications for issuers.

Prosperity Bancshares Inc. in Houston announced Monday that it would acquire the 19 branches, including deposits of $500 million and assets of $100 million, from First Banks for a 5.5% deposit premium, or $27.5 million.

East Texas Financial Services Inc. in Tyler has agreed to be acquired for $23.5 million by a company owned by one of its board members.

Texans wrote fewer checks for purchases in 2009 than in 2008, instead using their debit and credit cards.

Fifth Third Processing Solutions LLC said Thursday that five banks have agreed to use its processing services.

Cardtronics Inc.'s agreement to deploy automated teller machines aboard five Carnival Cruise Line ships is a sign of growing competition in this lucrative niche.

With more than half of BBVA Compass' branches based in the Lone Star state, the unit's large 2009 loss tied to commercial real estate loans is casting doubt on Texas's immunity to the economy.

Prosperity Bancshares Inc. in Houston beat analysts' estimates for its fourth-quarter earnings.

Sterling Bancshares Inc. in Houston reported Thursday that it returned to profitability in the fourth quarter, after a sharp loss in the third quarter.

Fifth Third Bancorp, KeyCorp and Comerica Inc. may not have closed the book on losses stemming from the financial crisis, but they certainly appear to have begun a new chapter.

Prosperity Bancshares Inc. in Houston is set to pick up Texas branches that were once owned by FBOP Corp.

Capitol Bancorp Ltd. continued its selling spree, on Friday announcing its 10th deal since May.

WASHINGTON — The Federal Deposit Insurance Corp. late Wednesday announced it will sell Independent Bankers' Bank Bridge Bank to The Independent BankersBank of Irving, Texas.

Richard Fisher, the president of the Federal Reserve Bank of Dallas, warned Congress Tuesday against supporting proposals that would open central bank policymaking to greater scrutiny and political pressure.

Bankers formerly with large institutions are finding opportunities at smaller banks, particularly after their former employers failed or were merged into other companies.

Sterling Bancshares Inc. in Houston has promoted Bob S. Smith to chief credit officer at the company's subsidiary bank.