NexBank Sponsors Dallas Women’s Foundation Luncheon
NexBank was recently the sponsor of the 32nd annual Dallas Women’s Foundation luncheon. The bank provided a $100,000 gift as support for the foundation’s aim to advance women’s economic security. This event was hosted at the Hilton Anatole Hotel in Dallas, on October 20th. Dr. Hope Jahren, one of the most influential people as chosen by Time Magazine offered a keynote address to the crowd. This event is attended annually by approximately 1,300 individuals in Dallas attending – from the civic and business communities. The organization advocates for causes aimed at the well-being of women and girls.
Long History and Large Regional Bank
NexBank dates back to 1934, with $6.4 Billion in assets. The bank is considered to be a regional bank, and offers a wide range of services to a diverse group of customers. Services include commercial banking, mortgage banking, and investment banking at the core and it also provides institutional services to clients locally and around the world. NexBank is also the 11th largest bank in Texas, and the 161st largest in the nation. The bank is also present in 3 locations, with 87 employees spread out across the 3.
Acquisitions Made to Expand Size of Bank
NexBank has also made a few acquisitions. Recently, the company acquired College Savings Bank which is in Princeton, NJ. College Savings Bank specializes in 529 plans. This bank aims to service the Indiana CollegeChoice CD and the Arizona family savings program.
Competitive Rates on CDs and Savings Accounts
NexBank is also known for offering competitive rates on CDs and high-yield savings accounts. NexBank SSB forms NexBank Capital, which is the financial services arm of the company. The bank also holds a total loan portfolio of $3.9 Million. The company serves everyone from individuals, to large corporations with their financial needs.