article thumbnail

15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Group 3 includes the smallest banks in the state with the majority in rural areas.

Dallas 131
article thumbnail

The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Rising Texas Star

Independent Banker

After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. He became a full-fledged community bank owner by purchasing a Dallas community bank, which was renamed Veritex Community Bank.

Texas 70
article thumbnail

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

South State Correspondent

Despite a 30% increase in expected losses in markets like Dallas, Atlanta, D.C., Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. As a result, national banks are eroding the customer base of the community bank.

article thumbnail

Comerica joins list of big banks assisting Black-run institutions

American Banker

The Dallas regional is placing deposits in several minority depository institutions, providing each with low-cost funds that can be redeployed in underserved communities.

Dallas 32
article thumbnail

Comerica prioritizes forgiveness of larger PPP loans

American Banker

The Dallas bank has begun encouraging larger borrowers to seek forgiveness of Paycheck Protection Program loans first as it holds out for the government to streamline the process for loans below $150,000.

Dallas 74
article thumbnail

What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 New energy regions adapt.