Community Trust Bank announced today it has signed a purchase agreement with Whitney Bank, a subsidiary of Hancock Holding Company, to acquire four of its retail banking locations in Houston, Texas. The Whitney Bank branches to be acquired are: 12600 Memorial Drive, Houston, TX; 6767 FM 1960 West, Houston, TX; 5115 Main Street, Houston, TX; and 8002 Kirby Drive, Houston, TX.
“The addition of these four locations shows our ongoing commitment to the Houston market,” said Drake Mills, President and CEO of Community Trust Bank. “This addition falls within our strategic expansion plan and allows us to accelerate our growth strategy in Texas.”
“We are excited about working with our new colleagues and their outstanding customers, and we are looking forward to developing relationships and building our franchise together,” said Preston Moore, Regional President for the greater Houston area. “With this opportunity, we will have seven locations and a team of experienced local professionals dedicated to serving their customers and our community.”