Important Notice

It’s Official: SouthStar Bank Joins the Kerrville Community MOULTON, TX, August 27, 2021 – SouthStar Bank has purchased the Kerrville branch of Community First National Bank with the full approval of the Texas Department of Savings and Mortgage Lending and the Office of the Comptroller of the Currency. The branch, located at 1101 Junction Highway in Kerrville, TX, will be open for business as a SouthStar Bank branch on Monday, August 30th.  The community is invited to attend a ribbon cutting celebration on September 24th at 3:30 PM. BBQ will be served and there will be live music from 5:00 PM to 7:00 PM. The event is free, family-friendly, and open to all. SouthStar Bank has been a fixture in Texas banking since 1920. It’s headquartered in Moulton, TX and now has 16 locations throughout Central Texas (including the new Kerrville branch).  According to SouthStar Bank President & CEO David Kapavik, the sale represented a strategic initiative for both organizations. “The Kerrville branch is a perfect fit. Community First National Bank built a strong reputation for local, friendly service. These values are in line with SouthStar Bank’s mission to provide friendly, flexible, common-sense financial solutions—Texas style! Their values are aligned with ours as a true community bank. We are excited to grow the Bank’s footprint into the Hill Country area.” SouthStar Bank retained the Community First National Bank Kerrville team at the branch, including Brittany Selement (Personal Banker), Claudia Gonzales (Personal Banker), Jeffery Harris (Vice President of Lending), Donny Lehmann (Vice President of Lending), Kent McKinney (Business Development Advisor), Kyla Gesell (AVP/Branch Manager), Meghan Jackson (Personal Banker), Sche Kehner (Personal Banker), Shelby Mossman (Loan Assistant), and Sherri Steadham (Loan Assistant).  When speaking of the Kerrville team, Kapavik said: “The local team is strong, helping to make the transition as seamless as possible both internally and for the new clients we are bringing into the SouthStar Bank family.” Kent McKinney, Business Development Advisor and former Community First National Bank Senior VP feels the team will be in great hands. “During the transition, I have had the opportunity to meet many of the SouthStar Bank people, from owners, to managers, to staff members at several levels. Without exception they are some of the nicest, most pleasant, most dedicated individuals you could hope to meet. There will always be some changes resulting from this kind of transition, but what you won’t see is a decrease in friendly, efficient customer service.” McKinney notes that the staff has been looking forward to the change, and praises SouthStar Bank for the investments they’ve made in local nonprofit organizations. “SouthStar Bank looks forward to a long-term presence,” adds Kapavik. “Extending our 100-year history of helping local residents reach their financial goals.” For more information, visit https://southstarbank.com//.  * * * ABOUT SOUTHSTAR BANK SouthStar Bank, S.S.B., specializes in residential mortgage, real estate, and construction lending, operating 16 full-service branches across the Central Texas region. Established in 1920, the bank continues to focus on community involvement and personal relationships. […]

The planned acquisition by SouthStar Bank will expand its Central Texas footprint; the proposed sale meets strategic initiatives for both community-focused institutions. June 23, 2021─Moulton, TX─ SouthStar Bank announced an agreement to purchase the Community First National Bank Branch in Kerrville, TX. The sale is contingent on regulatory approval by the Texas Department of Savings and Mortgage Lending (TDSML), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC). Pending final approval, the sale is scheduled to close August 27, 2021. Terms of the deal between the privately-held organizations were not disclosed. SouthStar Bank plans to continue operations at the Kerrville branch and retain current staff to streamline the transition and maintain continuity for customers and team members.  “The Board and Management are eager to welcome Community First employees into our SouthStar Bank family. We’ve seen an enthusiastic presence in the local community, making the branch a seamless fit with our organization. We strive to accomplish a uniquely Texas-Style of banking throughout all locations with friendly, flexible, common-sense financial solutions. said David Kapavik, President and CEO, SouthStar Bank.  “The acquisition will allow us to expand into the Hill Country, reach new opportunities, and remain the personal, community-focused bank we’ve always been.” SouthStar Bank is a family-owned community bank focused on providing the highest level of service to its customers. Established in 1920, SouthStar Bank recently celebrated its 100th anniversary. Today, the bank operates 15 branches utilizing both the latest in financial products and technology, and the same small-town service on which SouthStar Bank was founded. Kent McKinney, Sr. Vice President of Community First National Bank stated “The staff and employees of the Kerrville Branch of Community First National Bank are excited to become a part of the dynamic and progressive SouthStar Bank organization. They have a strong history of community involvement and growth and will be a valuable addition to the Kerrville community.” A celebration is tentatively planned for late September, which will include BBQ and live music. The event will be free and open to the public. * * * SouthStar Bank, S.S.B. operates 15 full-service branches across the Central Texas region with headquarters in Moulton, TX. The Bank specializes in residential mortgage, real estate, and construction lending. Decisions are made locally, allowing the flexibility to apply common-sense standards to products, services, and loan requests. Since opening in 1920, the Bank continues to focus on community involvement and personal relationships and now holds over $1 billion in assets.  Southern Bancshares (Houston, TX), holds majority ownership of SouthStar Bank. All loans subject to approval. Other fees and restrictions may apply. Equal Housing Lender and Member FDIC, NMLS # 410624.  ─ end ─