You are currently viewing Regulatory Actions for July 11-17, 2021

Here are the latest regulatory agency transactions regarding Texas bank applications—including new charters, mergers and acquisitions, and the establishment and relocation of bank branches—as filed with the Office of the Comptroller of the Currency (OCC), Texas Department of Banking (TDB), Federal Reserve Bank of Dallas (FRBD) and the Federal Insurance Deposit Corp. (FDIC).

Mergers and Acquisitions

The OCC reports that The First National Bank of Aspermont, based in Aspermont, has acquired a branch from Vista Bank, based in Dallas. The branch is located at 231 S. Central Ave. in Hamlin.

Branches

The OCC reports that it has approved an application by Texas Heritage National Bank, based in Daingerfield, to establish a branch at 4801 Spring Valley Rd., Ste. 110, in Farmers Branch.

The TDB reports that it has approved an application by Southside Bank, based in Tyler, to establish a branch at 5665 Dallas Pkwy., Ste. 100, in Frisco.

The TDB reports that American Momentum Bank, based in College Station, has applied to relocate a branch from 4830 W. Kennedy Blvd. in Tampa, Florida, to 4830 W. Kennedy Blvd., Ste. 200, in Tampa, Florida.