One Bank Stands Above The Rest In The Dallas, Texas Surrounding Area
NexBank is one of the most recognized and well respected financial institutions in Dallas, Texas and surrounding areas. Their ability to maintain such a prominent placement in the are is a result of their hard work and quality customer service. Recently, NexBank held a debt offering to the tune of 54 million dollars. The first five years of these notes will bare interest of a fixed rate of 6.375% while the final two years will yield variable rates. This brings their total amount of debt and equity raised since 2016 to well over $280 million. The notes from this offering are set to mature in September of 2027 giving investors long term stability in the process. This capital is registered as Tier 2 capital under current regulations.
Founded back in 1922, NexBank specializes in commercial banking, mortgage banking and other institutional services such as investment banking and real estate advisory services. Their commercial banking sector offers a variety of loans for entrepreneurs hoping to start a business of their own. Currently, NexBank manages well in excess of 7.6 billion dollars of assets for a variety of clients ranging from small businesses to very high net worth individuals. Their annual revenues exceed one billion dollars from their plethora of financial services. Employing just shy of one hundred people, NexBank offers extremely competitive pay and extensive benefits to their employees making them one of the most sought after banks to work for in the Dallas, Texas surrounding area. Their commercial banking services include but are not limited to, lending and credit services as well as treasury management by a team of seasoned veterans in the financial sector.
NexBank prides themselves in being able to customize their banking services to each of their clients regardless of how big or small they are. The business is large enough to provide all of the capital and business needs of their clients while also remaining small enough to tailor their service to each individual. This high level of quality customer service is what has kept them in business for nearly one hundred years and is what will continue to separate them from the pack for decades to come.
Reasons Why Dallas Women’s Foundation Luncheon (2017) Was Successful
For the past two decades, the women issues in finance have dominated almost every debate. NexBank, one of the firm believers of women, has been active in sponsoring platforms aimed at this course. One of the latest moves by this bank is being part of the Dallas Women’s Foundation. Last year, on their 32nd luncheon, which is an annual activity, the bank donated $100,000. This funding according to the luncheon organizers was the highest contribution from an individual entity. It also cemented the NexBank’s position in this sensitive and essential goal. The luncheon was also one of the most successful events by Dallas Women’s Foundation, especially in the recent past.
First, it was a chance to impact Dallas women with fresh and new ideas in the financial world. Many speakers, who are financial pundits, gave inspiring speeches to more than 1300 attendees. Second, it was one of the recent events in Dallas to host one of the most celebrated authors in the financial world. Thanks to Nexbank, Dr. Hope Jahren gave one of the most interesting speech in the recent past. Since Dr. Jahren is one of the most celebrated authors, the speech was televised to more people and women around the USA as well as young girls interested in the financial world.
The sponsoring of this event was possible thanks to the bank’s growing assets value, currently more than $6.4 billion. This financial muscle enables the bank to be part of great initiatives for nearly one century. It is interesting to note that being consistent in the banking industry for this period is one of the most challenging tasks for most financial institutions, but NexBank has lived to this reality. Some of the factors that NexBank attributes to this success are their passionate in making a difference in people’s financial world and more importantly good leadership.
Currently, the Dallas-based financial institution deals with many economic aspects. First, the company is passionate about ensuring that all the clients’ needs in commercial baking are in safe hands. Second, NexBank is also keen on making a difference in the vast world of mortgage banking and more importantly institutional services to different institutional clients.
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