Overview of the 10th largest bank in Texas

NexBank is a Dallas based financial service company. It is the 10th largest bank in the state of Texas and the 158th largest in the nation. It was established in the year 1934. Since the year 2016 NexBank has been able to raise$283 million worth of debt and equity. The organizations announced the successful conclusion of a $ 54 million project of a private placement of its floating rate low notes to high net worth investors.

NexBank is a financial service institution that offers its clients the following core services. Commercial banking is one of the core services provided in NexBank. In this, there are several services which include: commercial lending where they offer commercial loans and SBA loans to customers they find liable for the loans. In retail banking, they also provide commercial real estate lending which includes interim and bridge financing, permanent financing, mini-permanent financing, refinancing, owner-occupied real estate and construction and development. NexBank also offers financial institution services, credit services, agency services, and treasury management as well under commercial banking.

The other core business service offered by NexBank Capital is mortgage lending. In this, they offer warehouse lending where the clients get the chance to benefit from exceptional levels of service and competitive rates and terms. Under mortgage lending, they also provide warehouse and correspondent lending where they offer a full range of customized products and services which are designed around the needs of their clients

The third core business offered by NexBank is institutional services. The institutional services are comprised of financial institutions where the company has tailored services that meet the needs of the company and they are advised on how to go about different situations. Treasury management where they help firms increase the productivity of their treasury operations, gain higher visibility flow and increase the revenue potential of their short term asset. They also offer public funds where they have tailored depository services and specific interest-bearing account to meet the needs of federal fund depositors. Their institutional services also include investment banking and real estate advisory.

NexBank offers banking and financial products. In NexBank they do personal checks of accounts, savings accounts, mortgages and mobile banking and financial checks on accounts. The company serves individuals and institutions where they even offer advisory services. The bank has branches that report their encounters and activities to the headquarters which is the NexBank based in Dallas.




Leave a Reply

Your email address will not be published. Required fields are marked *