Southwest Bank

Southwest Bank, originally established as T Bank on July 1, 1963, underwent several significant changes throughout its history. On October 21, 1971, the institution changed its name to Southwest Bank and modified its chartering agency to state status, withdrawing from the Federal Reserve System at that time. The bank expanded through acquisitions, including the purchase of First Bank of Saginaw in 1987 and Park West State Bank in 1991. Southwest Bank further strengthened its position by acquiring Community Bank of Texas, N.A. in 2007. In the following years, the bank transitioned its regulatory framework, becoming a state-chartered bank and a member of the Federal Reserve System. The main office of Southwest Bank was relocated multiple times, with a significant move to 4100 International Plaza Suite 900 in Fort Worth, Texas, on October 6, 2008. On February 20, 2018, Southwest Bank merged with Simmons Bank, based in Pine Bluff, Arkansas, marking the end of its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1963-07-01Institution established. Original name: T Bank.

1971-10-21Institution withdraws from membership in the Federal Reserve System.

1971-10-21Changed Chartering Agency to State.

1971-10-21Changed Institution Name to Southwest Bank.

1971-10-21Main Office moved to Trail Lake Drive And Southwest Loop, Fort Worth, TX 76115.

1980-07-22Main Office moved to 3737 S.w. Loop 820, Fort Worth, TX 76133.

1980-07-22Changed Trust Powers to Full.

1987-04-16Acquired First Bank of Saginaw in Saginaw, TX.

1991-10-01Acquired Park West State Bank in Farmers Branch, TX.

2007-07-25Institution becomes member of the Federal Reserve System.

2007-07-25Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2007-07-25Changed Primary Federal Regulatory Agency to FED.

2007-09-01Acquired Community Bank of Texas, N. A. in Grand Prairie, TX.

2008-10-06Main Office moved to 4100 International Plaza Suite 900, Fort Worth, TX 76109.

2018-02-20Merged and became part of Simmons Bank in Pine Bluff, AR.