Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 25, 2015 10:29 AM ET

Banks

Company Overview of Prosperity Bank

Company Overview

Prosperity Bank provides banking services to individuals and businesses in Texas and Oklahoma. The company’s deposit products include savings/money market, checking, certificates of deposit, and individual retirement accounts. Its lending lines include car loans, home loans, home equity loans and home improvement loans, commercial loans, small business administration loans, and other loans. The company also provides online services that include Internet banking, eStatements, cash management, and lockbox inquiry; investment services, ATM services, trust services, merchant services, consumer credit card, corporate credit card, MasterMoney debit card, telephone banking, online check order, and ...

1301 North Mechanic Street

El Campo, TX 77437

United States

Founded in 1949

Phone:

979-543-2200

Fax:

979-543-1906

Key Executives for Prosperity Bank

Senior Chairman, Chief Executive Officer, Chairman of Prosperity Bancshares, Inc and Chief Executive Officer of Prosperity Bancshares, Inc
Age: 57
Chief Financial Officer
Age: 58
Chairman and Chief Operating Officer
Age: 69
President of Houston Area
President of Houston Area
Compensation as of Fiscal Year 2014.

Prosperity Bank Key Developments

Prosperity Bank, F&M Bancorporation Inc. and F&M Bank & Trust Company Announce Appointment of Anthony Davis as Chairman

Prosperity Bancshares Inc. the parent company of Prosperity Bank, announced it has completed the merger of F&M Bancorporation Inc. or FMBC with and into Prosperity and the merger of FMBC's wholly owned subsidiary, The F&M Bank & Trust Company, with and into Prosperity Bank, all effective on April 1, 2014. The company stated that Anthony Davis, Chairman and CEO of FMBC, will serve the combined entity as Chairman, Tulsa Area and Turtle Creek Banking Center and will be responsible for the day-to-day operations and management of all Tulsa, Oklahoma locations and the former F&M Bank Turtle Creek location in Dallas, Texas.

Prosperity Bancshares, Inc. and Prosperity Bank Announce Management Changes

Prosperity Bancshares Inc. and Prosperity Bank have announced several management changes. Chris Bagley, Executive Vice President and Chief Credit Officer of Prosperity Bancshares Inc. and Senior Executive Vice President and Chief Credit Officer of the Prosperity Bank, has resigned to pursue another opportunity. Craig Friemel, the former Chief Credit Officer of First Victoria National Bank ("FVNB"), which Prosperity acquired in November 2013, will oversee the Note Department and will report to Mr. Karnes. Randy Hester will continue to serve as the Prosperity Bank's Chief Lending Officer. Prosperity Bancshares Inc. and Prosperity Bank have also made several changes in the Corporate area. Michael Epps, the former President of American State Bank, has been promoted to Senior Executive Vice President/Financial Operations and Administration of the Prosperity Bank and Executive Vice President of Prosperity Bancshares Inc. and will serve on the Executive Committee of Prosperity Bank and Prosperity Bancshares Inc. Further, Theresa Hollaway has been promoted to Chief Risk Officer of the Prosperity Bank. Additional changes made in the West Texas Area are the promotion of Tony Whitehead, President -West Texas Area, to Chairman - West Texas Area and the promotion of Mike Marshall and Gary Galbraith as Presidents of the West Texas Area. Mr. Marshall was the Regional President of the Midland/Odessa market and Mr. Galbraith was the Regional President of the Abilene market.

Prosperity Bank Announces Executive Appointments

Prosperity Bancshares Inc. (‘Prosperity’), the parent company of Prosperity Bank, announced the completion of the merger of FVNB Corp. (‘FVNB’) with and into Prosperity and the merger of FVNB’s wholly owned subsidiary, First Victoria National Bank, Victoria, Texas, with and into Prosperity Bank, all effective on November 1, 2013. M. Russell Marshall, CEO of FVNB, will serve the combined entity as Chairman – Wealth Management/Private Banking and will be responsible for the wealth management operations for all of Prosperity Bank. Kenneth Vickers, Chief Lending Officer of FVNB, will join Prosperity Bank as Senior EVP and will serve on Prosperity Bank’s Executive Loan Committee and John Zacek, EVP of the Victoria Region for FVNB, will become President – South Texas Area for Prosperity Bank and will have management responsibilities for Prosperity Bank’s South Texas Area. Other area and regional officers of First Victoria that will join Prosperity Bank upon consummation of the merger include Tim Jones as President – Bryan/College Station Area, Kevin Kaplan as Regional President – Corpus Christi, Travis Freeman as Regional President – The Woodlands/Magnolia, Barry Williams as Regional President – New Braunfels, and Royce Moran as Regional President – Victoria.

Similar Private Companies By Industry

Company Name Region
Live Oak Bancshares, Inc. United States
Schaumburg Bank & Trust Company, N.A. United States
Farmers State Bank (Maywood, NE) United States
Wells Fargo Services Company United States
Regional Missouri Bank Inc United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Prosperity Bank, please visit www.prosperitybankusa.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.