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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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RadioShack rescue raises question of what's worth saving

NEW YORK — RadioShack Corp.'s effort to seek financing and stave off bankruptcy raises a key question for investors, analysts and the customers who've shunned the electronics retailer for years: What's worth saving here?

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Community Bank to merge with Northstar Bank of Texas

Betty Dillard
bdillard@bizpress.net

Fort Worth-based Community Bankers Inc. has agreed to be acquired by Carlile Bancshares Inc., also headquartered in Fort Worth, for an undisclosed price, the companies said May 15.

Carlile plans to merge Community Bankers’ subsidiary Community Bank with Northstar Bank of Texas, a wholly owned subsidiary of Carlile. Community Bank will continue to operate under its current name and logo until the merger is complete, which is expected to occur in the fourth quarter of 2014.

After the merger, the bank will be rebranded as Northstar Bank of Texas with Tony R. Clark, Northstar’s president and chief executive officer, at the helm.

Tom C. Nichols, co-founder, chairman and CEO of Carlile Bancshares, said key factors in the merger were the companies’ similar core values and shared belief in customer service.

“The combined organization will be the joining of two exceptional community banks with very similar cultures, resulting in one of the larger independent banks in North Texas,” Nichols said.

The merger will increase Northstar’s 16 banking branches to 26 in the North Texas and Austin areas with combined assets of $1.7 billion.

Northstar Bank of Texas, the largest community bank in Denton County, was acquired by Carlile Bancshares in July 2012. The Carlile portfolio includes banks in Colorado, Austin and Marble Falls as well as Goldome Financial Inc., which provides warehouse lines of credit to the mortgage lending industry.

In 2013, Northstar expanded with a new location in Arlington. Construction also started on a new location in Flower Mound, with plans to open mid-2014.
 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?