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SouthStar Bank is a consolidation of the family-owned Lone Star Bank, First Star Bank, and Texas Star Bank – all State Savings Banks (S.S.B.). All three banks have a 5-Star rating by industry analyst BauerFinancial (www.bauerfinancial.com). Operations under the new name of SouthStar Bank have begun as of January 1, 2015 with approximately $650 million in assets. The combined banks will continue to serve their traditional central and south Texas markets through 14 full-service branches and five loan production offices. David Kapavik, President and CEO of Lone Star Bank (Moulton, TX) for 20 years has been named President and CEO of the new SouthStar Bank. Norman Koch, President of First Star Bank (Bremond, TX), has been named Regional President. Texas Star Bank (Lott, TX) President Billy Fleming has been named Executive Vice President and National Sales Manager for the firm`s mortgage warehousing operation. Throughout their 100-year history, the banks have remained true to their rural Texas heritage, focusing on community values and personal relationships coupled with flexible, common-sense lending. SouthStar Bank will continue to live these core values while specializing in commercial real estate lending, consumer and home loans, and nation-wide mortgage warehouse funding.
The World`s Greatest Bank It`s a promise to do better than anyone expects of us today, then do it even better tomorrow. It`s a belief in doing good, not just doing well. It`s treating every customer as if you`ve known them your entire life. It`s connecting people to their community, connecting neighbors to neighbors, and local, independent businesses to local customers and resources. It`s constantly surprising the world with what a bank can be and how a bank can actually be a part of a customer`s life. It`s equal parts checking account and knitting club, commercial loan and local music source, IRA and Internet café. It`s understanding our customer`s financial needs and at the same time realizing that there`s more to life than money. Member FDIC. Equal Housing Lender.
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