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Frost Cullen merger eyed to boost West Texas lending reach
Cullen/Frost Bankers Inc plans to acquire WNB Financial in a merger valued by a volume weighted average stock price over 10 trading days. The deal expands WNB loan limits from 30 million to 200 million, adds wealth management and insurance products, and nods to strong Permian Basin growth and oil and gas lending expertise.
MENTIONED IN THIS ARTICLE
Cullen/Frost
International Credit and Wealth Management
WNB
Jack Wood
Frost
Permian Basin
Wood
Midland
Odessa
San Antonio
Cullen/ Frost
Dick Evans
Frost Financial
Evans
Permian
Texas
United States
Forbes Magazine
Bureau of Labor Statistics
Cullen/Frost Bankers Inc
U.S
Austin
Corpus Christi
Dallas
Fort Worth
Houston
Rio Grande Valley
Corey Paul
Odessa American
Mella McEwen
Midland Reporter Telegram