Introducing SouthStar Bank.

To serve you even better, we’re consolidating the old First Star, Lone Star and Texas Star Bank web sites into a new SouthStar online experience. Enjoy this preview of our exciting new look! Meantime, click your bank’s link below for access to the products and services you depend on. And stay tuned – the new, improved SouthStarBank.com is coming soon!

SouthStar Bank, S.S.B. Begins Operations

The new alliance between commonly-owned Lone Star, First Star and Texas Star Banks will strengthen market presence, boost lending capabilities, standardize products and reinforce an unwavering commitment to exceptional customer service.

Southern Bancshares, Inc., is proud to announce its newly consolidated holdings ─ Lone Star Bank, First Star Bank, and Texas Star Bank–have begun operations as SouthStar Bank, S.S.B. with approximately $650 million in assets. Shareholders approved the consolidation in fall 2014. Regulatory approval was granted late Q4, 2014. Copyright protection has also been secured. Exterior building signs will be updated to the new SouthStar name during the spring, 2015 timeframe.

SouthStar Bank will remain true to its 100-year Texas heritage, focusing on community values and personal relationships coupled with flexible, common-sense lending. Specialties include commercial real estate lending, mortgage loans, construction funding and nation-wide mortgage warehousing.

The bank will continue serving central and south Texas through 14 full-service branches and five loan production offices, with additional facilities in Round Rock and Leander currently under construction and slated to open in late 2015. A Steiner Ranch location is planned for 2016.

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 of Rural Operations. 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.

Our consolidation will result in a stronger bank with broader market presence, greater lending capabilities, and more efficient, centralized operations. But most importantly, the move will enable us to better serve our customers with a superior level of products, services and care regardless of which branch they call home,” said Paris Schindler, Chairman of the Board, Southern Bancshares.

 

 

Featured Projects