The 5th Texas Bankers Association Annual Strategic Opportunities Conference was held on November 7, 2016 in New Orleans, Louisiana. Each year this conference is held with an aim to evaluate the local market, identify opportunities and challenges and develop strategies to maximize those opportunities and resolve the challenges. During this conference, the role of rapidly changing technology in transforming the financial sector was discussed.
John Holt, the president and CEO of NexBank Capital, Inc. was a panelist during this conference. He was part of the Banker Panel discussion regarding how innovation in the banking sector can be used to increase competition while benefiting the community. He talked about initiatives that his organization is undertaking to improve the community. The initiatives of NexBank include acquiring a bank specialized in college education saving and offering mortgages to low income families. These initiatives will not only increase the competitive edge of NexBank but also make life better for the community.
NexBank Capital, Inc. is a retail and commercial banking company that was founded in 1922. It has its headquarters at 2515 McKinney Avenue, Dallas, Texas. The company offers private, commercial, business and personal banking services with clients in different sectors of the economy. It serves its large clientele through four core businesses: commercial banking, investment banking, mortgage banking, and corporate advisory services. As of September 30, 2016, the company had $4.0 billion in assets.
One of the reasons why NexBank has been successful is the strong management team. Led by their chairman James Dondero, NetBank is all about the customer. Dondero is also a Co-founder and President of Highland Capital Management and has extensive experience in the banking and asset Management. NexBank’s executive management team and the Board of Directors is always committed to the success of the company by ensuring that they offer banking services that meet the needs of their clients.