Allegiance Bank recently announced that it is merging with another financial institution. This move will allow both banks to combine their resources and expand their customer base, as well serve a larger geographic area than before. The newly combined bank will be able to offer customers a wider range of products and services, all while remaining committed to providing excellent customer service and support.
Table Of Content:
- Allegiance Bank and CommunityBank of Texas Have Merged ...
- Allegiance Bancshares, Inc. and CBTX, Inc. Complete Merger
- CommunityBank of Texas and Allegiance Bank Coming Together ...
- Investor Relations - Allegiance Bank
- CommunityBank of Texas and Allegiance Bank to Become Stellar ...
- Fed approves Allegiance-CBTX merger | Banking Dive
- Order Approving the Merger of Bank Holding Companies
- Houston's two largest community banks are merging to create ...
- Federal Reserve Board announces approval of application by CBTX ...
- Allegiance, CBTX extend merger timeline, wait for Fed | Banking Dive
1. Allegiance Bank and CommunityBank of Texas Have Merged ...
https://allegiancebank.com/allegiance-bank-and-communitybank-of-texas-have-merged/We are excited to announce the closing of the merger of equals between Allegiance Bank and CommunityBank of Texas, N.A., effective October 1, 2022.
2. Allegiance Bancshares, Inc. and CBTX, Inc. Complete Merger
https://www.globenewswire.com/news-release/2022/09/30/2526354/0/en/Allegiance-Bancshares-Inc-and-CBTX-Inc-Complete-Merger-of-Equals-to-Become-Stellar-Bancorp-Inc.htmlSep 30, 2022 ... (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of ...
3. CommunityBank of Texas and Allegiance Bank Coming Together ...
https://www.communitybankoftx.com/about-us/news-and-media/moe/
Since the official merger of Allegiance Bank and CommunityBank of Texas, we have been working diligently towards full integration of the two entities when ...
4. Investor Relations - Allegiance Bank
https://allegiancebank.com/investor-relations/The merger was effective October 1, 2022. At the effective time of the merger, each share of Allegiance common stock was converted into 1.4184 shares of ...
5. CommunityBank of Texas and Allegiance Bank to Become Stellar ...
https://www.monitordaily.com/news-posts/communitybank-of-texas-and-allegiance-bank-to-become-stellar-bank-after-merger/May 20, 2022 ... Resulting from its previously announced merger of equals CBTX, the parent company of CommunityBank of Texas, and Allegiance Bancshares, ...
6. Fed approves Allegiance-CBTX merger | Banking Dive
https://www.bankingdive.com/news/federal-reserve-allegiance-cbtx-merger-approval-houston/632059/Sep 16, 2022 ... The Federal Reserve has approved the proposed merger between Allegiance Bank and Community Bank of Texas, the central bank announced ...
7. Order Approving the Merger of Bank Holding Companies
https://www.federalreserve.gov/newsevents/pressreleases/files/orders20220914a1.pdf
Sep 14, 2022 ... nonmember bank subsidiary, Allegiance Bank, both of Houston, Texas. Following the proposed merger, CBTX's subsidiary, CommunityBank of Texas ...
8. Houston's two largest community banks are merging to create ...
https://www.houstonchronicle.com/business/article/Houston-s-two-largest-community-banks-are-merging-16605453.php
Nov 9, 2021 ... Allegiance Bank and CommunityBank of Texas said Monday that they will combine in merger of equals that will create a financial institution with ...
9. Federal Reserve Board announces approval of application by CBTX ...
https://www.federalreserve.gov/newsevents/pressreleases/orders20220914a.htm
Sep 14, 2022 ... ... of Beaumont, Texas, to acquire Allegiance Bancshares, Inc., and. ... and its subsidiary bank, Allegiance Bank, both of Houston, Texas.
10. Allegiance, CBTX extend merger timeline, wait for Fed | Banking Dive
https://www.bankingdive.com/news/allegiance-cbtx-extend-merger-timeline-wait-for-fed/630716/Aug 29, 2022 ... Merger approvals have lagged over the past two years amid COVID-19 challenges and a shortage of governors at the central bank. The Fed is fully ...
What does this merger mean for Allegiance Bank customers?
The merger will bring benefits to Allegiance Bank customers such as access to a greater variety of products, services and resources. Customers will also benefit from better service and more convenience when dealing with the new bank.
Will there be any changes in my accounts or banking relationships?
During the transition period, no changes should be expected in regards to your accounts or banking relationship. After the transition is complete, you may find certain account features have changed or been improved upon.
How long will the transition period last?
The transition period typically lasts several weeks or months, depending on how large and complex the two institutions are that are merging. In this case, Allegiance Bank has indicated that they expect the process to take approximately 3-4 months to complete.
Will I need to do anything during the transition period?
During the transition period, customers will not necessarily need to take any action. However, customers may want to pay attention to any communications from their current bank about updates or changes that could affect their existing account(s).
How many locations will the new bank have?
With the merger of these two banks, the new bank is likely going to have more branches and ATMs than either one of them had previously. However, an exact number of locations has yet to be determined at this time.
Conclusion:
Allegiance Bank and CommunityBank of Texas Have Merged .... Finally, we hope you got an answer to the query of allegiance bank merger.