On November 10, 2016 John Holt, The President and CEO of NexBank spoke at the Texas Bankers Associate Annual Strategic Opportunities Conference, held in New Orleans. His discussion centered around “Reinventing Community Banking Perspectives and Competing by Innovation.”
The Conference is a forum for bankers, advisors and consultants to share their perspectives on the industry and economic environment. They share information pertaining to opportunities in the Mergers and Acquisition markets and through organic growth of their businesses.
NexBank, headquartered in Dallas, Texas is the 14th largest bank in the state. It is the 240th bank in size in the country. The bank was started in 1934. They have 89 employees in 4 locations. They have an A rating. The bank has assets of over $4.6 billion. They are involved in commercial banking, mortgage banking and institutional services.
NexBank has a full range of products and services to offer. They provide conforming, jumbo and government loans. They are an approved seller of Fannie Mae and Freddie Mac loans. They can also issue and service Ginnie Mae and other types of loans. NexBank offers several loans that are guaranteed by the government.
They provide financing for primary and secondary residences. The loans can have fixed or floating rate. The loans are designed for qualified, high net worth clients, with supportive income ratios and who have the required reserves.