Alliance Bank Chairman/CEO Tom Sellers Elected Chairman Of The Nation’s Largest State Community Banking Association
AUSTIN, Texas—The Independent Bankers Association of Texas (IBAT) is proud to announce that Tom Sellers, chairman of the board and chief executive officer of Sulphur Springs-based Alliance Bank, has been elected chairman of the IBAT board of directors for 2021-22. He officially accepted this position during the association’s 47th annual convention held September 18-21 in Austin. Tom Sellers, Alliance Bank chairman of the board/CEO and...
Statewide Banking Organization Honors Alliance Bank With 2021 Best Of Community Banking Award
Independent Bankers Association Of Texas Recognizes Sulphur Springs-Based Community Bank For Its Video Marketing SULPHUR SPRINGS, Texas—The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—recently honored Alliance Bank with a Best of Community Banking (BOCB) Award. The bank, based in Sulphur Springs, Texas, received a Community Spirit/Gold Eagle BOCB Award for its...
CNB To Continue As SSISD Bank Depository, TSR/Health Special Risk As District Student Insurance Carrier
City National Bank will continue to serve as the depository bank, Texas Student Resources/Health Special Risk as student accident insurance carrier for Sulphur Springs ISD, school trustees determined during their regular meeting earlier this month. SSISD trustees also renewed service contracts with Region 8. Bank Depository SSISD Business Manager Sherry McGraw explained that the district has the opportunity to extend a contract for...
Alliance Bank Announces Shurtleff Promotion
Monday, January 25, Chairman of the Board and Chief Executive Officer, Tom Sellers was pleased to announce that the Board of Directors for Alliance Bank has approved the promotion of Keith Shurtleff to Market President for the Hopkins County market. “We are very pleased to announce the promotion of Keith Shurtleff to Branch/Market President for the Hopkins County market. He has an active role in the Hopkins County community,...
Alliance Bank To Make Substantial Organizational Changes
Sulphur Springs, Texas – January 19, 2021 – Alliance Bank plans to make substantial organizational changes, according to an announcement made on behalf of the Board of Directors-Alliance Bank/Alliance BancShares, Inc. Alliance Bank Tom Sellers is to assume the role of Chairman of the Board and remain Chief Executive Officer for Alliance Bank/Alliance BancShares, Inc. James Law will assume the role of President of Alliance...
Alliance Bank Plans To Resume Lobby Services Starting May 18
Alliance Bank plans to resume lobby services with normal pre-COVID-19 operating hours. The bank May 11 announced the lobbies will re-open starting May 18th. Alliance Bank President/CEO Tom Sellers, in a press released, stated: Alliance Bank President/CEO Tom Sellers “This was not an easy decision but, with great consideration and consultation with both federal and state guidelines, as well as, the medical community, we have decided...
Alliance Bank To Limit Lobby Services
Alliance Bank announced March 23 that, effective immediately, plans to operate all lobby locations with limited in-person services as part of the state and national effort to prevent the spread of Coronavirus (COVID-19). Locations with drive-thru access or a stand-alone drive-thru will continue to offer most banking services. Lobby services will be limited to “appointment only” by calling 903-877-2265. alliance bank Tom Sellers,...
Alliance Bank Expands in Northeast Texas: To Acquire and Merge With First National Bank of Mount Vernon
Sulphur Springs, Texas and Mount Vernon,Texas – November 29, 2018. Alliance BancShares Inc., and its wholly owned subsidiary, Alliance Bank, today announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding shares of common stock of Mount Vernon BankShares, Inc. which owns all of the stock of First National Bank of Mount Vernon, Texas. Pending shareholder and regulatory approval and...
A Chat with Tom Sellers Celebrating Alliance Bank’s 90th Birthday
by Enola Gay President and CEO of Alliance Bank Tom Sellers paid a visit to the KSST Morning Show to share a bit of Alliance Bank history with listeners and viewers. You can see read the history and view historic photos on the bank website, alliancebank.com. In brief, the bank’s birth was during the Depression era, when in 1927 it was chartered by two of the largest shareholders of First State Bank which had closed for...
Alliance Bank’s 90th Anniversary
On June 13, 1927, then Sulphur Springs State Bank was chartered by two of the largest shareholders of First State Bank which had been closed for insolvency. The original Sulphur Springs State Bank opened at the Southeast corner of Main and Gilmer streets with Jim Lindley as President and Charles Ashcroft as Vice President. The first year the bank turned a profit and paid a dividend, a trend that has been sustained for 90 years. In...
