The community banking sector has been growing rapidly across the United States as the micro-financing sector gains importance, not only in the country but across the globe. Every year, a discussion based conference is organized by the Texas Bankers Association. In 2016, the annual strategic conference was held in New Orleans, Louisiana. It was attended by the who’s who of the banking and finance industry, including John Holt, CEO and President of the leading bank in Texas, Nexbank.
The discussion topic for the conference in the year 2016 was the importance and reinvention of the community banking and how the corporations and banks can lead in their respective industry by using innovation as a tool. John Holt, CEO, and President of Nexbank, shared his views on the importance of community banking and how it can help empower the communities financially and generate large scale growth in the long-term. John Holt mesmerized the audience through his speech, and many of his ideas are already put to practice at Nexbank.
Nexbank is the thirteenth largest bank in Texas, and its size continues to grow at an exponential pace year after year. Presently, it has over $6 Billion in assets under management of its customers and investors. Nexbank operates through its three main departments, which can be enumerated as commercial banking, institutional services, and mortgage banking. Presently, Nexbank has four branches in Texas, and in the time to come, the bank plans to expand its operations across the state and in the country. Nexbank provides loans at generous rates of interest to the real estate investors, middle market companies, and institutional investors. Nexbank is one of the most trusted names in the banking sectors in Texas, and for years has helped many firms and organizations in the state to grow through the loans and other financial services the bank provides.