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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. This region has the kind of energy that draws people to a place and helps them and their businesses thrive.

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New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

I am proud to welcome Uber’s investment in the great state of Texas, along with the 3,000 jobs the company will bring to its new Dallas office,” Abbott said in a press release. This investment will bolster Texas’ continued economic success and reputation as the best state for business. General and Administrative Hub in Dallas.

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Texas federal court grants credit union motion for leave to intervene in lawsuit challenging CFPB final small business lending rule; new lawsuit challenging rule filed in Kentucky federal court

CFPB Monitor

A Texas credit union and two credit union trade associations have been granted leave to intervene in the lawsuit challenging the CFPB’s final small business lending rule (Rule) that is pending in a Texas federal district court. Continue Reading

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Fee income was upside surprise at regionals, including Texas Capital

American Banker

Dallas-based Texas Capital stood out from the pack, reporting a large uptick in fee income thanks largely to its new investment banking platform. Median noninterest income at midsize banks rose 7.2% in the second quarter, exceeding expectations.

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Smaller regionals brush off commercial real estate worries

American Banker

Cullen/Frost in Texas, BankUnited in Florida and Bank OZK in Arkansas are among the banks that have, at least for now, allayed investors' fears about their exposure to the CRE sector.

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Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

Drive.ai , the California self-driving car startup, announced Monday (May 7) that it is launching an on-demand self-driving car service pilot in Frisco, Texas. It marks the first time self-driving cars will be on the public roads of Texas, noted the company. Today definitely marks a mobility milestone for our entire region.

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Silicon Valley Loses Grip On Tech Firms

PYMNTS

11) it was moving to Austin, Texas from Redwood City, California. And just weeks earlier, Hewlett Packard Enterprise announced it was moving its headquarters to Houston, Texas from Silicon Valley. Texas has no income tax. Database giant Oracle Inc. announced Friday (Dec. percent on income in excess of $1 million.

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