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Houston-area credit union buying bank to expand in energy lending

American Banker

Texas Dow Employees Credit Union has agreed to acquire Sabine State Bank and Trust in Louisiana to raise its profile in the oil-and-gas industry. The deal coincides with record levels of U.S. drilling this year.

Houston 83
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Amegy Bank Promotes C&I Lending Exec to President

American Banker

Amegy Bank of Texas in Houston has promoted Laif Afseth from executive director of commercial and industrial lending to president of the company.

Lending 37
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Neiman Marcus Emerges From Chapter 11

PYMNTS

Bankruptcy Court for the Southern District of Texas, Houston Division. They are also strongly committed to supporting our company on sustainability issues where we intend to be a leader within the industry,” van Raemdonck added. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said.

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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

PYMNTS

COVID-19 is spurring firms that rely on consumer spending, and on lending to finance big-ticket purchases, to invent new ways to keep business flowing – with a nod to the fact that the uncertain economic impact of the virus may hurt consumers’ near-term ability to pay for those items. Necessity, as they say, is the mother of invention.

Houston 141
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Analytical and Personable

Independent Banker

Jamey Smith forges complete partnerships for successful commercial lending. As a successful commercial lending specialist for more than 30 years, Jamey Smith, Houston region CEO of Citizens Bank in Kilgore, Texas, has pursued a strategy of getting an in-depth understanding of potential customers and their businesses.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced. Our lending strongly supports our tourist economy. IB: How is Texas’s economy holding up with the severe drop in oil prices?

Dallas 131
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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. 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. Consumer mortgage and installment lending are in the mix as well.

Texas 182