Capital Bank, El Paso

June 14, 2017 Comments Off on Way Cleared for TX-KS Bank Merger Views: 512 Texas - Other, Texas News

Way Cleared for TX-KS Bank Merger

Government regulators approved the merger of El Paso-based Strategic Growth Bancorp and Sunflower Financial, headquartered in Salina, KS. The merged holding company, dubbed FirstSun Capital Bancorp, will have its headquarters in Colorado. The merger will create a “super community bank,” with approximately $4 billion in bank assets and 60 bank branches in El Paso, Las Cruces, NM and other areas of Kansas, Missouri and Colorado.

Strategic’s three different bank brands in El Paso and New Mexico (including the Capital Bank brand) will change names to First National 1870. The name was selected because Strategic’s First National Bank of Santa Fe was founded in 1870, making it the oldest bank in the Southwest.

Read More at El Paso Times

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