Bringing Community Banking Back

NexBank has a bright future in the state of Texas. The 83 year old Community Bank is led by CEO John Holt. Holt has helped provide innovation and growth while at the helm.

 

Holt joined a panel to discuss reinventing community banking just before the start of 2017. Holt spoke while he was in New Orleans for an important financial conference. Holt also serves as President of NexBank.

 

NexBank serves many large corporations with multiple financial products. The company was listed as the 14th largest bank in the state of Texas as recently as 2014. The financial company showcases mortgage banking and commercial banking. The bank was founded in 1934. The institution promises to provide tailor made solutions to clients. It sported $4.6 billion in assets in 2016.

 

NexBank also works with several non-profit companies. Recently, the Dallas based bank promised to lend $50 million in loans to support Dallas Neighborhood Loans. That money will be utilized to help low income families afford housing. NexBank also has helped support GrowSouth in an effort to revitalize southern Dallas.

 

S&P Global listed NexBank as the 10th best Community Bank with assets between $1 billion and $10 billion dollars in 2016. That determination was based on several factors such as loan growth rate.