Nexbank SSB is a Dallas-based regional bank that serves the North Texas area. This bank was founded in 1922, and they focus on providing investment, commercial, and mortgage banking services. Their services are divided into operations such as mergers and acquisitions, warehouse lending, credit services, corporate finance, and real estate lending, among others. The bank deals with various customers such as individuals, investors, small and middle-level local businesses, corporations, and institutional clients.
Nexbank’s management team under the leadership of John Holt, as the CEO and president, boasts of both industry expertise and a strong determination to ensure customer satisfaction. Over the years, the bank has experienced tremendous growth. In December 2015, they acquired College Savings Bank in Princeton, New Jersey, which specializes in 529 plan college-savings programs. The acquisition of CSBs will help to diversify Nexbank’s deposits and further steer the growth of the company. As of March 31, 2017, the bank had 5.3 billion U.S. dollars in assets. The bank has been predicted to enjoy further growth in the future.
Ranked as the 14th largest bank in Texas, Nexbank prides itself in being the preferred community-based lender in the market. The bank provides their customers with unmatched access to customized solutions and a paperless and automated system. Nextbank also promises fast loan underwriting and decent pricing for their products. Nexbank’s highly trained and experienced employees have what it takes to meet the needs of their clients and deliver excellent customer experience.
Besides providing financial services, Nexbank is famously known for their support for the community and development efforts in the Dallas Metroplex. In 2016, the bank partnered with Dallas Area Habitat for Humanity, a nonprofit organization that constructs at least 50 homes per year in the Dallas community. The bank aims at providing up to $50 million to finance low-income homes in South Dallas over the next five years.