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PlainsCapital Bank, a subsidiary of Hilltop Holdings Inc., is one of the largest independent banks in Texas with approximately $11.8 billion in assets. [1] PlainsCapital operates more than 60 branches in Austin , Corpus Christi , Dallas , Fort Worth , Houston , Lubbock , San Antonio and the Rio Grande Valley . [ 3 ]
The bank added branches in other major Texas markets through the 2000s. In 2003 the bank changed its name to PlainsCapital Bank. [25] In 2009, PlainsCapital acquired First Southwest Company, a Dallas-based public finance advisory firm and investment bank. [26] In 2012 the bank was acquired by Hilltop Holdings. [27]
On 18 September 2013, López Falcón was arrested by U.S. authorities when walking out of a PlainsCapital Bank in Pharr, Texas. [2] He was arrested as part of a sting operation that originated from an indictment issued by the D.D.C. against Gulf Cartel and Los Zetas leaders for their involvement in drug trafficking. [4]
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On November 27, 2018, Inter National Bank and Vantage Bank Texas merged. The consolidation, which will operate under Vantage Bank Texas, created a community bank with $1.9 billion in total assets. [13] Vantage Bank Texas was founded in 1923 and is a family-owned, community-based financial institution headquartered in San Antonio, Texas. [14]
Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.