New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

Texas Gov. I am proud to welcome Uber’s investment in the great state of Texas, along with the 3,000 jobs the company will bring to its new Dallas office,” Abbott said in a press release. Ridesharing Dallas hub Investment jobs News Texas Uber What's Hot

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BancorpSouth expanding in central Texas with bank acquisition

BankThink

The Mississippi company will pay more than $38 million for Texas First Bancshares. Community banking M&A Growth strategies Mississippi Texas

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Happy State announces bank acquisition in Texas

BankThink

Community banking M&A Growth strategies TexasThe bank will buy First State Bank of Mobeetie.

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Texas Capital hires Deutsche Bank escrow team

BankThink

Commercial banking Regional banks Growth strategies TexasThe Dallas bank has recruited three executives from Deutsche to establish a unit in New York that holds assets in escrow for clients.

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A Rising Texas Star

Independent Banker

Veritex is a combination of the words “veritas,” which means truth in Latin, and “Texas.” The bank uses the slogan “Truth in Texas Banking.”). Kerry Curry is a financial writer in Texas. Capital market access and employee ownership help fuel Veritex Community Bank’s rapid growth.

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Texas AG-Led Google Probe Taps Former Microsoft Attorney

PYMNTS

Three consultants — one being an ex-Microsoft lawyer — were hired in a multi-state antitrust investigation of Google being led by the Texas attorney general’s office, Reuters reported on Thursday (Sept.

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Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

Drive.ai , the California self-driving car startup, announced Monday (May 7) that it is launching an on-demand self-driving car service pilot in Frisco, Texas. It marks the first time self-driving cars will be on the public roads of Texas, noted the company. Frisco Self-Driving Cars Texas What's HotIn a press release , Drive.ai

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Spirit of Texas expanding eastward with latest deal

BankThink

The company agreed to pay $66 million for the parent of Citizens State Bank in Tyler, Texas. Community banking M&A Growth strategies Texas

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Investar adding Texas branches through deal with Hilltop

BankThink

Community banking Branch deals Growth strategies Louisiana TexasThe Louisiana company will enter two new markets after it buys the locations.

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Ripple Gives $2M To Texas University For Blockchain Research

PYMNTS

As part of Ripple ’s $50 million pledge for blockchain research, the crypto firm has said it will give $2 million over five years to the McCombs School of Business at the University of Texas in Austin. Blockchain Cryptocrrency distributed ledger News Ripple school funding University of Texas at Austin What's Hot

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FDIC to conduct in-depth review of suspicious Texas bank failure

BankThink

Community banking Failures M&A Capital Fraud losses FDIC TexasAn initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.

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Keystone in Texas raises $31M, buys a branch

BankThink

Community banking Branch network Capital M&A TexasThe new capital will allow the Austin bank to increase its lending limit.

Could Texas acquisition signal a return of bigger bank deals?

BankThink

Community banking M&A Commercial banking TexasDeal values this year have been smaller than last year despite the hubbub over BB&T-SunTrust. Prosperity's agreement to buy LegacyTexas raises the possibility that the size of bank deals could start climbing.

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Will energy boom turn West Texas into bank M&A hot spot?

BankThink

Community banking M&A IPOs TexasRecord oil production has lenders contemplating acquisitions in the region.

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BancorpSouth announces acquisitions in Florida, Texas

BankThink

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank. Community banking M&A Growth strategies Capital Mississippi Texas Florida

Uber And Lyft Returning To Texas?

PYMNTS

Uber and Lyft, the two ride-hailing firms that left several Texas markets over controversy tied to fingerprint background checks, may be coming back. News Ridesharing greg abbott Legislation Lyft ride-hailing Texas Uber What's HotReuters reports that the state’s governor, Greg Abbott, will sign a bill over the next few days that comes in the wake of House Bill 100’s approval last week.

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Grant Bancshares is Texas-bound after agreeing to buy First Bank

BankThink

Community banking M&A Growth strategies Louisiana TexasThe deal comes less than a week after the Louisiana company raised nearly $11 million.

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Texas Startup Alkami Raises $70M For Mobile Banking Software

Bank Innovation

Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.

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BancorpSouth to buy banks in Alabama, Texas

BankThink

Community banking M&A Growth strategies Capital Alabama TexasThe Mississippi bank will pay up to $100 million to expand in southwest Alabama and Dallas.

American Bank in Texas has new CEO

BankThink

Community banking Succession planning C-suite TexasStephen Raffaele has been the bank's president since 2016.

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MODDern Times In Auto Lending, Deep in the Heart of Texas

CU Direct

billion credit union headquartered in Live Oak, Texas, a northern suburb of San Antonio, near the legendary Randolph Air. Read more » The post MODDern Times In Auto Lending, Deep in the Heart of Texas appeared first on CU Direct Blog.

Texas Court Rules Against CFPB’s Payday Lending Act Delay

PYMNTS

A Texas court ruled on Tuesday (June 12) against delaying the compliance date for the Consumer Financial Protection Bureau ’s rule on payday loans. In a joint motion filed late last week in federal court in Austin, TX, Mulvaney, the Community Financial Services Association of America and the Consumer Service Alliance of Texas asked a judge to delay the new regulations from going into effect.

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BancFirst to enter Texas with Pegasus Bank acquisition

BankThink

Community banking M&A Commercial lending Texas OklahomaThe Oklahoma company will pay $122 million for a bank with three branches in Dallas.

More bucks for Texas banks?

ABA Community Banking

Hopes of restoring the “Texas premium,” M&A in the Lone Star State Management M&A. 1Management

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Texas Independent to expand in Houston with bank purchase

BankThink

Community banking M&A Growth strategies TexasThe company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019.

CommunityBank of Texas planning IPO

BankThink

Community banking Capital M&A IPOs TexasThe bank is looking to raise $72 million, which it could use for organic growth and acquisitions.

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Texas community bank falls victim to phishing scam

BankThink

Community banking Phishing Financial crimes TexasCBTX said an unauthorized person obtained personal information for about 7,800 customers.

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Texas introduces consumer privacy and data collection bills

The Paypers

(The Paypers) The Texas House of Representatives has introduced two bills that aim to protect consumers’ privacy and data, following the trend of similar laws in jurisdictions such as California and Washington

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Spirit of Texas to enter San Antonio with Beeville purchase

BankThink

Community banking M&A Capital Growth strategies TexasThe company will pay $64 million jn cash and stock for First Beeville Financial.

Mortgages drive strong quarter at Texas Capital

BankThink

Earnings MSR Commercial lending Commercial banking TexasHowever, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

Texas Capital issues warning on four loans

BankThink

Community banking Loan-loss provisions Commercial lending TexasThe Dallas company expects to report a higher loan-loss provision after the loans, which include two shared-national credits, deteriorated in the second quarter.

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Terminated bank deal in Texas takes nasty turn

BankThink

Integrations Domestic deals Community banking California TexasHanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

Rebranded Texas bank raises $90M in capital

BankThink

Community banking Capital M&A Commercial lending TexasMapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking.

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SEC Halts Texas Financial Firm’s ‘Illegal’ ICO

PYMNTS

In an effort to stop an “illegal offering of securities,” the U.S. Securities and Exchange Commission (SEC) has filed a complaint against a Dallas-based financial firm seeking to launch what might be the largest initial coin offering (ICO) in history. In addition, the agency was able to freeze the company’s assets and those of its two co-founders, CNBC reported. Filed last Thursday and unsealed on Monday (Jan.

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Independent in Texas to buy Integrity Bancshares

BankThink

Community banking M&A Capital Growth strategies TexasIntegrity is set to become the third Houston-area bank acquired by Independent in recent years.

Investor group plans to buy, rebrand Texas bank

BankThink

Community banking Integrations Branding Banking brands TexasBallinger National Bank would be renamed Keystone Bank and its headquarters would move to an Austin suburb.

Texas bankers offer advice to Floridians staring down Irma

BankThink

Texas bankers recovering from Hurricane Harvey are reflecting on their experiences, identifying what went right and what they could do better. Community banking Regional banks Hurricane Harvey Disaster planning Disaster recovery Crisis management Texas FloridaTheir views could prove useful to Florida bankers hurriedly preparing for the nation's next big hurricane.

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With Square's backing, a Texas startup declutters benefit payments

Payments Source

Small merchants often have to squeeze a hodgepodge of hardware onto their counters to manage government electronic benefit transfers, a distinct niche Novo Dia Group is working to solve with an investment from Square. Payment processing Point-of-sale Retailers Investments pso intraday lead Square

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Texas bank renews relationship with Western Union, adds mobile transfer

Mobile Payments Today

Woodforest National Bank customers can already access Western Union's money transfer and bill-payment services via the bank's branches and online banking website

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Texas banks brace for Hurricane Harvey

BankThink

Community banking Disaster planning Crisis management Branch network NCUA OCC Texas LouisianaMany financial institutions have activated their emergency centers, closed branches and stocked ATMs in advance of landfall.

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Texas amends debt collection law to add new requirements for debt buyers

CFPB Monitor

On June 14, 2019, Texas Governor Greg Abbott signed HB 996 , which amends Chapter 392 of the Texas Finance Code dealing with debt collection. Debt Collection State CFS Monitor debt collection texas

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Cadence in Texas plans $180 million IPO

BankThink

Capital M&A Growth strategies TexasThe Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

Texas State Bankshares to Buy Blanco National

American Banker

Texas State Bankshares in Harlingen has agreed to buy Blanco National Holdings. breaking_news community-banking tx dealmaking-strategy

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