Originally, American banks were primarily local entities. That is why you might find a couple of banks claiming to be the “First.” Gradually, banking has become more regional. These regional issues, along with technology and potential mergers and acquisitions (M&A) were discussed at the 5th Annual Strategic Opportunities Conference in New Orleans, Louisiana running from November 6 to 8, 2016.
“Strategic Banking Agenda”
The Texas Bankers Association’s Annual Strategic Opportunities Conference brought together the top executives in the financial industry. “How to grow banks” was the key underlying theme. There was both a public and private side to the deliberations.
The President and CEO of NexBank Capital, John Holt, was honored to be one of the panelists of the Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference. As shown in the title – Mergers & Acquisitions (M&A) were one of the primary topics discussed. The banks tried to determine the best way to grow: technology, new financial instruments or M&A.
“NexBank Earns High Ratings”
One of the reasons why NexBank was chosen was its solid ratings. Nexbank has an “A+” Bank Tracker Rating and “A” Deposit Accounts Health Rating. Some of the more popular accounts at NexBank are the 12-, 18- and 24-month CDs.
Headquartered at NexBank 1515 McKinney Ave, #1100 Dallas, TX 75201, the bank is the 14th largest in the state. In December 2016, it also was listed as the 215th largest bank in the United States. The bank had 88 employees at 4 locations in December 2016.
Just like with any industry conference, important decision makers were gauging the personalities and products of one another. Will NexBank acquire another bank or will it be merged with another? John Holt’s presentation at the TX Annual Strategic Opportunities Conference has raised the profile of NexBank.