Austin-based Business Bank of Texas being bought by Lone Star Capital Bank

Austin-based Business Bank of Texas being bought by Lone Star Capital Bank

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The deal, expected to close in the first half of 2021, would create a bank with assets of more than $400 million. T.D. Winters, president and CEO of Business Bank of Texas, said the merger "will provide a solid platform of support to our current and future customers in Central Texas and the Hill Country."

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