Trade Zions Bancorporation
Amegy Bank of Texas (formerly known as Southwest Bank of Texas), a division of Zions Bancorporation, N.A., a wholly owned subsidiary of Zions Pancorp (NASDAQ: Zion), is one of the leading banks in Texas with $13 billion in assets and about 1,600 employees. With more than 75 locations throughout Houston, Dallas - Fort Worth, and central Texas, Amegy is dedicated to serving communities in Texas, families, and businesses. Founded in 1990, Amegy has a strong tradition of banking for relationships, local decision-making, and financial expertise. The National Bank was established to cross the Northwest in 1989. Walter Johnson joined the company in February 1990. While he was president of the company, its name was changed to Southwest Texas Bank. Its second venture capital occurred in December 1992. Its first public offering occurred in January 1997.On the afternoon of Tuesday, January 25, 2005, the Southwest Bank of Texas announced that it would change its name to Amegy Bank of Texas. The name change came into effect on March 7 of that year. Texas' parent company, Southwest Bankcorporation, was scheduled to rename in May of that year, pending shareholder approval. The company's NASDAQ code has been changed from SWBT to ANBK. In July 2005, Zions Bancorporation announced that it would buy Amegy Bancorp for $1.7 billion in cash and shares. In 2007, Amegy Bank signed a final Merger/Acquisition Agreement with InterContinental National Bank in San Antonio.