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GCB raises $93M to build digital tools for customers

Bank Innovation

Houston-based Gulf Capital Bank recently completed a capital raise of $93 million. With the funding, the bank plans to invest in its digital capabilities, providing services that include mobile deposits, secured and unsecured commercial loans, letters of credit and consumer loans.

Houston 273
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Simmons Banks and Spirit of Texas Set to Merge Boosting Texas Footprint

Banking Exchange

Combined firms will expand into Austin, Houston, San Antonion, Corpus Christi and Bryan-College Station Management Feature M&A Feature3 Community Banking.

Texas 78
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Community banks are thriving in Texas

Independent Banker

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3%

Texas 182
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Allegiance Bank’s parent sees revenues tumble in 2020

Banking Exchange

The Houston-based banking group saw steady growth in its loan portfolio in Q4 Bank Performance The Economy Feature Financial Trends Management Feature3 Community Banking.

Houston 60
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Trust and tax services: Worth offering?

Independent Banker

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. These banks report that specialized services are a way to deepen their already close customer relationships. United Community Bank in Mount Sterling, Ill., By Don Sadler.

Taxes 91
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Houston digital-asset firm buying Chicago bank

American Banker

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Houston 88
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. The answer is that because operating leverage and customer relevance are now so important, banks can no longer compete on rate and the abundance of credit. Conclusion.