BANCTEXAS <BTX> ELECTS NEW CHAIRMAN
BancTEXAS Group Inc said its board
elected Nathan C. Collins chairman of the board, president and
chief executive officer to replace director and acting chairman
Tom Stanzel
     Collins was formerly executive vice president and manager
of the asset/liability management group and senior credit
officer at Valley National Bank of Arizona, Phoenix.
     Stanzel replaced Chairman Vance Miller and President and
CEO Richard Ripley July 17, 1987, when the company completed a
200 mln dlr recapitalizaltion plan.         
 Reuter
