The Federal Reserve Board approved Prosperity Bancshares, Inc.’s application to acquire Southwest Bancshares, Inc., resulting in the indirect acquisition of Texas Partners Bank. Prosperity Bancshares is based in Houston, Texas, while Southwest Bancshares and Texas Partners Bank are both located in San Antonio, Texas.
Federal Reserve Board 2026-01-08
Federal Reserve Board approves Prosperity Bancshares acquisition of Southwest Bancshares and Texas Partners Bank
The Federal Reserve Board approved Prosperity Bancshares, Inc.'s application to acquire Southwest Bancshares, Inc., leading to the indirect acquisition of Texas Partners Bank.