Based out of Dallas, TX, NexBank is a financial services company that offers commercial banking, mortgage banking, and institutional services. NexBank was founded in 1922 by James Dondero, and reached $5.3 billion in assets in March of 2017. NexBank serves institutional clients, financial institutions, large corporations, real estate investors, middle-market companies and individuals.
For their personal banking services, NexBank prides themselves on their client-centered approach, offering responsive and tailored banking solutions and a comprehensive range of products for wealth management.
Recently NexBank’s President and CEO John Holt was re-elected to the Texas Bankers Association’s Board of Directors. John Holt also serves as the Chairman of the Community Bankers Council. NexBank also enjoyed recognition from S&P Global Market Intelligence, which ranked NexBank as the 5th best-performing U.S. community bank between $1 billion and $10 billion in assets based on pre-tax ROE, and the 10th best performing based on overall score.
NexBank successfully completed a $24 million common equity capital campaign in June 2016, with the proceeds being used for general corporate purposes. In light of its strong capital levels, liquidity profile and earnings, Kroll Bond Rating Agency upgraded NexBank’s ratings with a stable outlook.
NexBank participated in donating money to the families of fallen and wounded Dallas police officers in a show of support to the community’s tragedy. Donations were made to Assist the Officer Foundation, which donates 100 percent of the proceeds to the families in need. NexBank continues to strengthen their financial standings and support the local community through banking services and charity.