Industry News

Consumers prefer security over service when choosing banks

1/2/2023
FICO's Consumer Survey 2022 found that consumers expect a strong fraud stance from financial institutions as part of the customer experience, both physically and digitally.

Texas Regional Bank acquires insurance agency

1/2/2023
In early December, Texas Regional Bank, Harlingen, announced the addition of insurance to its suite of financial services

Vera honored by Tyler Hispanic Business Alliance

1/2/2023
Jesus Vera, senior vice president and Tyler Front Street Branch Manager at VeraBank, has been named the 2022 Outstanding Professional of the Year by the Tyler Hispanic Business Alliance.

Study finds fraud costs increase from pre-pandemic levels

1/2/2023
According to the study conducted by LexisNexis, the costs for credit and mortgage lending firms also remain above pre-pandemic levels.

Texas banker receives ABA Under 40 in Wealth Management Award

1/2/2023
Tracey Reyes, vice president and director of private trust, Tolleson Wealth Management, Dallas, was recognized by the American Bankers Association as one of 15 recipients of its ABA Under 40 in Wealth Management Awards.

Truist and Truist Foundation strengthen Texas’ racially diverse small business ecosystem

1/2/2023
In early December, Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved p

Community banks waking up to the potential of small business lending opportunities

1/2/2023
According to Cornerstone Advisors, community banks stand to benefit from both a competitive and profitability standpoint should they decide to shift their lending strategies to focus more on small- and medium-sized businesses.

Woodforest National Bank opens its first H-E-B retail branch

1/2/2023
Woodforest National Bank and H-E-B are working together to make retail banking products and services more accessible for consumers in Magnolia.