With a charter that dates back to the 1920s, NexBank core business is in commercial banking, mortgage banking, and institutional services. The bank had $5.3 Billion in assets as of the first quarter of 2017. It the fourth largest bank in Dallas, Texas and 200th on the national ranking. The highly skilled staff is tasked with finding high-performance solutions that meet the complex and specialized needs of the clients. NexBank has a legal lending limit of $ 101 Million and a syndication capability for even larger transactions.
It has a mortgage banking volume of $1 Billion and has SBA preferred lender status. The executive management team possesses industry expertise and has client-centric focus with Directors like the Board Chairman, James Dondero, bringing a breadth of management and leadership proficiency and a strong commitment to the success of the company. NexBank commercial banking arm aims to support businesses and institutions with tailor made solutions and seamless delivery of services while the mortgage shoots to connect the clients with broader opportunities. The bank boasts 86 employees in 4 locations.
Recognition for Good Work
Excellent service delivery has earned Nexbank a few pats on the back. In 2016, the bank was number 10 in performance according to S&P Global Market Intelligence. It has also been awarded almost all perfect Superior Bank Quality Rating scores in 2016.
Round table with Industry Experts
In 2016, the bank CEO and President participated in a panel during the fifth Annual Strategic Opportunities and M&A Conference organized by the Texas Bankers Association. The conversation was about reinventing community banking with a perspective on competing by innovation. The forum provides a stage for bank leaders, advisers, and consultants to share ideas on important opportunities and challenges facing them. The bank’s involvement in such a discussion is significantly advantageous to both the entity and its clients.