article thumbnail

GCB raises $93M to build digital tools for customers

Bank Innovation

Houston-based Gulf Capital Bank recently completed a capital raise of $93 million. Bank CEO Ed Jones wants Gulf Capital to model community banking relationships, in which […].

Houston 273
article thumbnail

Women-owned bank in Houston exceeds capital raise target

American Banker

(..)

Houston 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Canada’s largest community credit union has announced that it is expanding its commercial network. Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

article thumbnail

Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. Here’s how four community banks are thriving in this environment. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area.

Texas 182
article thumbnail

Organizers plan women-owned bank in Houston

American Banker

The proposed Agility Bank would rely heavily on digital offerings. It is pursing a national charter with the Office of the Comptroller of the Currency.

Houston 46
article thumbnail

15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is. What are its priorities this year?

Dallas 131