ViewPoint Financial To Complete Merger On Jan. 1 - Quick Facts

(RTTNews) - ViewPoint Financial Group Inc. (VPFG) announced the company expects to complete merger with LegacyTexas Group Inc. on January 1, 2015, and will change its name to LegacyTexas Financial Group Inc. Effective January 2, the company will be traded on the NASDAQ Global Select Market under the ticker symbol, LTXB.

Effective January 1, 2015, ViewPoint's bank subsidiary, ViewPoint Bank, N.A., will merge into LegacyTexas Group, Inc.'s subsidiary bank, LegacyTexas Bank, with the merged bank retaining the LegacyTexas Bank name.

At completion of the merger, Mays Davenport (Executive Vice President of LegacyTexas Bank) will join LegacyTexas Financial as Executive Vice President and Chief Financial Officer, and George Fisk (Chief Executive Officer and Vice Chairman of LegacyTexas Group, Inc.) and Greg Wilkinson (director of LegacyTexas Group, Inc.) will serve on the Boards of LegacyTexas Financial and the merged LegacyTexas Bank. Kevin Hanigan will continue to serve LegacyTexas Financial and the merged LegacyTexas Bank as President and Chief Executive Officer.