Why Strategic Approach is Important for Enhancing Community Banking
The fifth annual strategic opportunities conference in New Orleans witnessed the participation of John Holt, Chief Executive Officer of the Dallas-based NexBank. The convention was organized by the Texas Bankers Association hence, NexBank involvement as one of the leading banking institutions in Texas.
The conference convenes banking players to share different perspectives on challenges and profitable areas of the Texas Banking Industry and the nation in general. In this fifth conference, the topic of discussion was centered on community banking. The participants discussed various ways of prioritizing community banks through innovation and dynamic models.
The annual forum brought together leading banking industry players, expert advisers, and consultant personnel equipped with broad knowledge of community banking. The panelists discussed the challenges bank leaders face and how to handle them. They also tackled the issue of identifying new profitable opportunities for community banks and utilizing them. On this regard, the panelists stressed on the need to build branches for broader reach and growing the banking sector using organic growth approach.
NexBank is one of the oldest banks in the state of Texas. It was founded 1934 and has grown to have employees totaling 87. In the Texas State, the bank takes the 11th position in the list of largest banks. Countrywide, it is in place 152 of the most massive companies list. Though NexBank is headquartered in Dallas 2515 McKinney Ave (Suite 1100), the company has two other locations – 6121 Luther Lane Dallas TX which houses the Preston Center Branch; Suite 1700 of McKinney Av. Dallas which houses the McKinney Branch.
By 2018, NexBank had a total of 8.37 billion US dollars as the value of the assets. The firm is regulated by FDIC and rated A by Deposit Accounts. The bank deals with mortgage banking, and institutional services. These services are characterized by customized services, flexibility, and over eight decades of experience.