http://euminutes.eu/?p=479
is using its own capital to buy its way into American Momentum ispaying $2.3 million to acquire a Texaxs bank charter and open a full-servic e banking operations in the state. It’a acquiring a charter and one branch in Galveston from Texas IndependentBancshares Inc., a multibank holding company that is consolidating three bank charterxs into one. Pending regulatory American Momentum will also open a branch inColleged Station, which is home to Americanb Momentum’s chairman, Don Adam.
(Adam sold his previous Texas bank, , to in It has already opened a loan production officeein Dallas, which is led by David Barr, who previously worked for Citigroul and American Momentum rankes among the top banks in capital-to-asse strength nationwide. It had $200.5 milliojn in total assets on Sept. 30. — Tampa Bay Businessa Journal
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