Community Bank Burleson Texas

Deposits in Burleson, TX banks that are insured by the FDIC are assured for up to $250,000 per depositor. Greenback Fincorp, Inc., Austin, Texas — to develop into a bank holding company by acquiring Austin Capital Bank SSB, Austin. Bright Force Holdings, LLC, Dallas, Texas — to engage in extending credit by acquiring loan participations, loans, and other true estate owned from its subsidiary, American Bank, National Association, Dallas. BAT Investments, Inc., Austin, Texas — to grow to be a bank holding corporation by acquiring Capital Bank of Texas, Carrizo Springs, Texas.

Central Bancshares, Inc., Houston, Texas — Gus K. Eifler, Houston, to acquire voting shares of Central Bancshares, Inc., by becoming a trustee of each the Carolyn J. Young 2012 Trust and John H. Young 2020 Trust, and thereby indirectly acquire voting shares of Central Bank, all of Houston, and to come to be a member of the Young Family members Control Group, a group acting in concert. On top of that, the Elliott Gage Hayne GST Trust, Elliott Gage Hayne, as trustee the James L. Hayne Jr. Texas Community Bancshares, Inc., Mineola, Texas — to develop into a bank holding company by acquiring Mineola Community Bank, S.S.B., Mineola, in connection with the proposed second-step conversion of Mineola Community Mutual Holding Business from mutual to stock kind.

Find Branch Or Atm Close To You

Physical branches also offer an uncomplicated way to get cash instantly, to deposit checks, to access to notaries, and occasionally to get cost-free coffee and donuts. Pinnacle Bank is not just in Burleson, Texas, we’re a portion of Burleson, Texas. Banking has changed a lot more than the years, and whilst we present the latest conveniences like on the internet banking, mobile banking, free checking and on the web home loans, there are some things that have not changed. Like our commitment to recognizing your name, answering our phones and treating our customers as neighbors. So, come visit us in particular person or on the net to open an account, apply for a loan, apply for a mortgage or for info on Texas mortgage rates.

First Financial Bank Names David Bailey as Executive Vice President for Commercial Banking – Tyler Morning Telegraph

First Financial Bank Names David Bailey as Executive Vice President for Commercial Banking.

Posted: Thu, 04 Nov 2021 07:00:00 GMT [source]

“Chip” Jenkins III, Susan Richards, all of El Campo John W. “Trey” Hancock III, Austin Richard Myatt Ramsey, Danevang and Phyllis Ramsey Lawhon, Lampasas (the “Handle Group”), to retain voting shares of Louise Bancshares, Inc. (“Firm”) and thereby indirectly retain voting shares of Initial State Bank, Louise, and Dilley State Bank, Dilley. Additionally, the John W. Hancock, Jr. SB Trust, Rita Hancock, as trustee, each of El Campo, to obtain voting shares of Organization and to join the Control Group.

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Pick a bank which does not have service charges provided you sustain a particular balance, which does not charge for ACH inbound and outbound transfers, and which has low costs for points like international wire transfers and bounced checks. Opt for a bank with great prices. Rates are important to get continued growth of your capital. We provide services and help for FNBT and all its affiliates.

community bank burleson texas

Texas Heritage Bancshares, Inc., Hondo, Texas — to acquire Medina Community Bancshares, Inc., Hondo, and thereby indirectly acquire Neighborhood National Bank. Plains Bancorp, Inc., Dimmitt, Texas — to acquire Childress Bancshares, Inc., and thereby indirectly obtain Initial Bank and Trust of Childress, both of Childress, Texas. Receive the finest bank rates every Monday correct to your inbox. Supplied by BestCashCow. Find out how significantly extra dollars you can earn by moving your bank funds into an account that pays extra.

Corsicana Primary Workplace

No. 46, the quantity they had borrowed plus the interest then due Burleson. On or about the same day Keating and Meyer every wired $203,654.79 to Burleson to spend in complete the balance due on their respective loans of February 20, 1991. Baker was the chairman and controlling stockholder of Granbury, Burleson and Rockwall. No. 7 and Supp.

  • BauerFinancial gives Community National a four-Star “Fantastic” rating indicating it has properly over the capital that regulators call for, is lucrative and has kept its delinquent loans in verify.
  • Respondent’s violations of Regulation O, 12 C.F.R. § 215.four, and noncollateralized insider loan, constituted unsafe and unsound banking practices.
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  • Sonal dishonesty of a willful and continuing disregard for safety and soundness of the bank.
  • Or if you need to have in-person assist, obtain a friendly face at your neighborhood ANBTX banking center.
  • You are now leaving the CommunityBank of Texas, N.A.

Please contact the institution directly with any queries regarding their present prices and terms. Respondent’s violations of Regulation O, 12 C.F.R. § 215.four, and noncollateralized insider loan, constituted unsafe and unsound banking practices. James E. Baker shall not vote for a director, or serve or act as an institution-affiliated party, as that term is defined in section 3 of the FDI Act, 12 U.S.C. § 1813, of any insured depository institution, agency, or organization, described in section eight of the FDI Act, 12 U.S.C.

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Respondent, Baker’s son, was a director and officer of Burleson, and a director of Granbury and Rockwall. Keating was a director and officer of Granbury and a director of Rockwall and Burleson (Stip. No. 9), and Meyer was an officer and director of Granbury and a director of Rockwall. FDICconnect The secure Online channel for FDIC-insured institutions to conduct enterprise and exchange facts with the FDIC. Get extra reviews from your customers with Birdeye. Dominate search final results. Beat neighborhood competitors.

Whether or not your family is expanding or you just want appreciate the open road, EECU provides a full service car purchasing knowledge. Our competitive prices and outstanding terms, and finance up to 100% of the value including tax, title, and license with a new auto loan. The predecessor of ANBTX—Waters, Bivins & Corley Bank—was the first bank founded in Terrell on November 22, 1875. The bank’s constructing was destroyed by a fire in 1882, but bank records and securities had been protected in the bank’s vault.

Clovis Bancshares, Inc., Clovis, New Mexico — election to come to be a monetary holding company. Peoples Bank, Lubbock, Texas — to merge with Initially Bank & Trust, Seymour, and to retain the acquired facilities as branches. Charter Bancshares, Inc., Corpus Christi, Texas — to engage in activities by way of loan participations purchased from its wholly owned subsidiary, Charter Bank, Corpus Christi. C.S.B. Bancshares, Inc., Somerville, Texas — waiver of application to obtain Burton Bancshares, Inc., and thereby indirectly obtain its wholly owned subsidiary, Burton State Bank , each of Burton, Texas, in connection with the merger of BSB with and into Citizen State Bank, Somerville, Texas. A reduced rate than an on line bank. Branches are pricey and non-on the web banks frequently can’t afford to pay as much interest as an on the net bank.

A locating on this situation is not necessary to assistance the decision in this matter. Hence, the Board does not adopt the ALJ’s finding and make no alternative obtaining. Similarly, the Board does not address FDIC Enforcement Counsel’s second exception simply because it is tangential to the holding. 4 The Board further agrees that Respondent’s attempts to claim he was unaware of the correct nature of the loans and transfers, especially taking into consideration the haste in which they were accomplished, are not credible. three The lending limitations beneath Texas law had been much less than the limitations under Regulation O. As a result, each of the violations of Regulation O also constitutes a separate violation below Texas law. Other Assets from Failed Banks The inventory of other assets for sale — including workplace furniture, fixtures, and gear.

community bank burleson texas

(Be careful with the economic tips you obtain. Inappropriate economic suggestions is worth a lot significantly less than no financial guidance.) They can also place you in touch with other folks in your community who could be beneficial personally and professionally to know. If you never use your neighborhood savings account as an opportunity to make these relationships, you could come across that you are much better of banking on the internet. While on-line savings account have grown in reputation and usage substantially over the past fifteen years, some buyers prefer opening an account in a branch and possessing a private partnership with the folks who safeguard their dollars.

FDIC alleges that Respondent engaged in unsafe and/or unsound banking practices by participating in quite a few distinct transactions, as discussed beneath. As of February 20, 1991, Burleson’s and Granbury’s lending limits were each $750,000. Baker held extensions of credit from Burleson in the net amount of $618,2955, TR. 39, which when added to the $500,000 extension of credit to Barbara Baker, the $200,000 extension of credit to Thomas Keating, and the $200,000 extension of credit to James Meyer, totalled $1,518,295 and exceeded the $750,000 Regulation O lending limits as of that date. In fact, any attributable extension of credit in excess of $131,705 would have that impact.

G. Summary Recapitulation27. He further finds that this constitutes violation of 12 U.S.C. § 1818 so as to warrant removal and prohibition of the Respondent from additional participation in the affairs of a federally insured monetary institution. In the instant case, Respondent participated in each of the loans attributed to Baker, in the resulting violations of Regulation O and state lending limits, and engaged in unsafe or unsound practices both directly and indirectly as an originating loan officer and director. The undersigned finds Respondent’s testimony that he was unaware of the true nature of the loans and transfers, specifically thinking of the unusual haste in which accomplished, not to be credible.

Committed To Community Banking

The APY price in a savings account or funds market place account is a variable price that is subject to alter at any point. The Min listed is the minimum deposit account balance required to receive the rate listed. As a neighborhood bank, our neighborhood bankers function with you to assistance retain your business on track and moving forward with items and solutions to meet your exceptional monetary needs.

Our aim is often to serve the greatest interests of our communities. For this explanation, Neighborhood National receives recognition from two national rating solutions for its economic strength. BauerFinancial offers Community National a four-Star “Exceptional” rating indicating it has well more than the capital that regulators need, is profitable and has kept its delinquent loans in check. In addition, Bankrate, Inc. gives the bank a 4 star Sound rating. Neighborhood National believes strongly in giving back to the communities it serves both via employee involvement in the neighborhood and by supporting local projects. In addition to its location in Corsicana , Community National also has places in Buffalo, Burleson, Fairfield, Frost, Lake Worth, Mineral Wells, Possum Kingdom, Red Oak, Richland Chambers, Waxahachie , Weatherford and White Settlement.

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