NexBank is based in the city of Dallas, Texas, and as of June 2017 it was in control of about $6.4 billion in assets. The majority of NexBank’s clients are financial institutions, real estate investors, mid-market companies and large corporations. Throughout the state of Texas, NexBank’s 3 offices employ nearly 100 full-time workers, who help deliver excellent mortgage banking, commercial banking and institutional services.
NexBank’s executive management team is focused on merging their expertise in the financial industry with their strong dedication to serve their clients. This allows the company to offer great financial services to its individual, institutional and corporate customers.
Back in late 2015, NexBank SSB made an announcement detailing the acquisition of the Princeton, New Jersey based College Savings Bank. This company works within the niche of 529 plan college-savings programs. The acquisition of College Savings Bank was a big move for NexBank to close out its 2015 on a strong note.
Later, in the summer of 2016, NexBank made yet another impressive announcement. The Texas-based financial services provider managed to achieve a $24 million raise in common equity capital. NexBank reported the gains from this strong effort in raising capital will be put towards general corporate purposes.