The Bank of Weatherford announces ownership change back to Knights

Business

The Democrat welcomes comments. Inappropriate language or comments outside our standards will be removed. No guest or anonymous comments allowed.

May 14, 2010

The Bank of Weatherford announces ownership change back to Knights

Anonymous CNHI The Weatherford Democrat Fri May 14, 2010, 11:09 AM CDT

WEATHERFORD —

J. Mark Riebe, chairman of the board, announced The Bank of Weatherford has entered into an agreement whereby Texas Banc Financial Corp, a bank holding company led by the Bill Knight family, will acquire 100 percent of the outstanding common stock of The Bank of Weatherford.

Riebe said the sale of the bank to the Knight family represents a positive event for the bank’s customers, employees and the community of Weatherford. In addition to providing for the continuation of the present management, the change of ownership ensures the bank will remain an independent, locally owned bank.

The Bank of Weatherford has been a fixture on Santa Fe Drive since July 2000 when it was started by a group of local businessmen with a desire to serve Parker County. It has built a reputation for supporting the community as an outstanding community bank.

Bill F. Knight, chairman of the board of Texas Banc Financial Corp, said the Weatherford community is a strong, stable, business friendly environment. Knight was the chairman of the board of Texas Bank which was a fixture in Weatherford for more 100 years until it was sold in 2006.

Knight said the value of The Bank of Weatherford is its focus as a community bank that provides traditional banking services.

The closing of the sale is subject to regulatory approval which is expected to take 45 to 60 days.

Text Only

Business

A new science teacher
Sandra Vanatko is a science teacher of a different breed.

May 20, 2013
Heading out
It’s the time of year where outdoor events abound. Doss Heritage and Culture Center has a new space to take advantage of the warmer weather.

May 5, 2013
New Weed Man in town
HUDSON OAKS — Kyle Jaber decided to go back to his roots.

April 23, 2013
Gamer(z) on
t’s a one of a kind facility ... and Weatherford is the first in the Metroplex to have it.

April 14, 2013
New vet dentist
Dr. Joseph Cukjati, DVM has joined the practice of Parker County Veterinary Hospital as a certified veterinary dentist.

March 31, 2013
Breakfast before business
For new (or existing, longtime) businesses, the Weatherford Chamber of Commerce’s monthly Breakfast Before Business is a great way to get yourself known in the community.

March 17, 2013
Get yer equipment
Parker County residents Tina and Tyler Child have operated Northwest Equipment Rentals for 20 years just over the county line in an unincorporated area of Fort Worth.

March 12, 2013
50 years in the making
It’s been said that behind every good man there’s a woman making him even better.

February 24, 2013
Spot on saving money
People are always into saving money. A new program gives them a way to gain rewards simply by shopping their favorite stores.

February 18, 2013 1 Photo
FNB-Weatherford to mark Werner’s 50 years with institution
The First National Bank of Weatherford will celebrate the 50th anniversary of one of the town’s favorite businessmen – Fred Werner.

February 17, 2013 1 Photo
More Business Headlines

If you are a registered voter in the Weatherford ISD, and either have voted or plan to vote Saturday, are voting for or against the proposed $107.32 million bond?

Business

Search Results

The Democrat welcomes comments. Inappropriate language or comments outside our standards will be removed. No guest or anonymous comments allowed.

The Bank of Weatherford announces ownership change back to Knights

If you are a registered voter in the Weatherford ISD, and either have voted or plan to vote Saturday, are voting for or against the proposed $107.32 million bond?

Site Map

Contact Weatherford Democrat