Texas Banking

NextBank Capital is a financial service company that is based in Dallas, Texas. The company focuses on three particular sectors of business and that is commercial banking, mortgage banking, and institutional services. The company offers four different accounts and they are NexBank CD, savings, money market, and checking accounts. NexBank Capital provides its services throughout the United States. In 2017 the company completed a 54 million dollar deal of their fix to floating rate subordinated notes. The notes will have an interest rate that is fixed for the next five years at 6.375% and they currently have an investment grade of BBB which was given by the Kroll Bond Rating Agency.

 

According to slideshare.net, NexBank is the 10th largest bank in Dallas and 158th largest bank in the nation. It currently has three locations and was founded in 1934. The company currently has 8.4 billion in assets. The leadership focuses on combining industry expertise with excellent customer service. Mr. James Dondero is the chairman of the company. Mr. Dandero is also the co-founder and the president of Highland Capital Management LP. John Holt is currently the president and Chief Executive Officer of Nextbank and has been with the company since the 2011. Under Mr. Holts leadership the company has flourished and grown tremendously. Not only bringing in big profits for itself but for the companies clients as well.

 

NextBank  is also dedicated to being an asset to the community of Dallas,Texas and the surrounding areas. The company employs about 89 people at all three locations and on the website there is a career link that will display the current employment opportunities for every branch of the company. NexBank has clearly went from a local financial service company to a giant in the industry. They have built billions of dollars in assets and been a benefit to the entire investment world and most importantly to the entire state of Texas.

 

http://recouncil.com/trec-news/meet-trec-shark-tank-sponsor-nexbank/

 

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