Results for category "Mortgage Banking"

Bank Like a Texan

NexBank is a popular banking institute based out of Dallas Texas. The President and CEO of NexBank Capital, Inc., John Holt, was recently invited as a panelist at the Texas Bankers Association’s 5th annual Strategic Opportunities and M&A Conference in New Orleans, Louisiana.

The panel invites bank leaders, consultants, and advisers to share their expertise on the challenges and principal opportunities facing community bank leaders. The conference took place on November 7, 2016. Mr. Holt spoke on the discussion topic “Reinventing Community Banking: Perspective on competing by Innovation.

NexBank, established in 1934, has several locations throughout the Dallas area and one branch located in Princeton, New Jersey. According to depositaccounts.com., it has an over all health grade of A. It’s Texas Ratio is an A+, which has to do with how much capital a bank has available compared to the total value of loans considered at risk. The Texas Ratio had a positive change of 60.07%, indicating that the balance sheet and financial strength for NexBank has improved in the most recent quarter.

NexBank also had a 125.16% growth in total non-brokered deposits for the past year, showing consumer confidence in the bank’s ability to strengthen the balance sheet.

NexBank offers commercial banking, mortgage banking, and institutional services, and is a member of the Federal Deposit Insurance Corporation(FDIC). There is a $200 dollar minimum to open a personal savings account with NexBank. It’s Mortgage Banking department includes warehouse lending, wholesale and correspondent lending. The Institutional services department offers services to help financial institutions meet their needs, treasury management, public funds, investment banking, and real estate advisory.

NexBank carries the same large capital as other big name banks with fewer branches, allowing for a more personalized experience for its customers. Head to NexBank.com for more information.