Veteran banker Stan O’Neil, who has led LegacyTexas Bank’s growth in Tarrant and Parker counties for more than seven years, has been promoted to chairman of the Tarrant County market. “LegacyTexas is proud of the many accomplishments of Stan and his dedicated team of lenders, and this promotion recognizes his leadership and success,” said Aaron Shelby, executive vice president of LegacyTexas Bank. “We look forward to expanding our commercial banking presence in Tarrant County with Stan leading the way.”
In business since 1963, LegacyTexas is an independent community bank with $1.8 billion in assets. Headquartered in Plano, Legacy operates 20 branches in Collin, Dallas, Tarrant and Parker counties. LegacyTexas Group is the financial holding company for LegacyTexas Bank and also includes LegacyTexas Insurance Services and LegacyTexas Title.
In November 2013, LegacyTexas Bank announced it will merge with ViewPoint Bank, the subsidiary of ViewPoint Financial Group Inc., also based in Plano. ViewPoint operates 31 banking locations in the Dallas-Fort Worth area. The merger, which is expected to close by the end of 2014, will result in one of the largest independent banks in Texas, with 51 branches and pro forma assets of more than $5 billion.
Betty Dillard bdillard@bizpress.net