SouthStar Bank Acquires Community First National Bank, Kerrville Branch
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//.
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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. Decisions are made locally, allowing the flexibility to apply common-sense standards to products, services, and loan requests.
In addition to residential and commercial lending, SouthStar Bank offers a full line of competitive consumer and commercial banking products. With the latest conveniences, including online banking and mobile banking with check capture, debit card alerts, and freeze capabilities, and a free worldwide Allpoint ATM network, clients can easily bank on the go.
Member FDIC and Equal Housing Lender. NMLS #410634. For more information visit https://southstarbank.com//.
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