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Amegy Bank first moved to the Uptown area in 1990. Prior to 1996 Amegy Bank had its headquarters in the three-story, 57,000-square-foot (5,300 m 2) ICA Center, which is across the street from Five Post Oak Park. Amegy Bank leased almost all of the space in the building, which was owned by the Insurance Corporation of North America.
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The bank changed its name to Amegy Bank of Texas in 2005 and was later sold to Zions Bank for $1.7 billion after expanding from $75 million to approximately $8 billion in assets, making eight acquisitions during that period. [3] He served as CEO of Amegy Bank of Texas until 2009. [7] [8] [9]
It acquired Bank of Kearns in 1962, Bank of Spanish Fork in 1968, Utah National Bank in 1969, Bank OF Commerce, Bank of St. George, and Bountiful State Bank in 1970, Bank OF Vernal and Carbon Emery Bank in 1973. [8] In January 1966, Zions became a public company via an initial public offering. [5]
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In 1996 Five Post Oak Park was owned by Metropolitan Life Insurance Co. For a two-year period ending in 1996, Amegy Bank, which had its headquarters in the ICA Center, across the street from Five Post Oak Park, was searching for a location for its new headquarters. In 1996 Amegy decided to switch places with Heritage Bank.
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