Global Stock News

Victory Bank Enters Wealth Management Through Strategic Investment in McDonald Capital Management

Victory Bank Enters Wealth Management Through Strategic Investment in McDonald Capital Management

News release provided by Victory Bank May 13, 2026

LUBBOCK, Texas – Victory Bank today announced it has entered a definitive agreement to acquire a 40% ownership stake in McDonald Capital Management (MCM), a Lubbock-based, fee-only investment management firm with more than $350 million in assets under management. The agreement, pending regulatory approval, marks Victory Bank’s formal entry into wealth management and establishes a strategic alignment between two independently operated West Texas firms that have long shared clients, values, and a common vision for how financial services should be delivered.

For Victory Bank customers, the agreement creates a direct line to fiduciary wealth management through a well-established firm….

Source link

Share this article

Scroll to Top