The Texas Bankers Association holds an opportunity conference every year. The conference adopts a different theme every year, and this year’s theme was reinventing community banking to create new competition perspectives through innovation. The CEO of Nexbank, John Holt, attended the conference and shared a lot of insights with the community banking leaders about the change they can make to their society. He also suggested a few solutions to the problems they are currently facing.
The CEO of Nexbank stated that the bank had been at the front of the row in offering services and innovations which were meant to benefit the community. Nexbank has been operating in Texas for close to a century, and during this time, they have managed to stay afloat because of their ability to adapt to change. He commended the members who were present at the conference because they were doing their best to improve the concept of community banking for everyone.
He mentioned a few of the projects which Nexbank had completed. These included the merger they had recently made with the Dallas College Savings Bank. The merger was supposed to expand the financial capability of the College Savings Bank and ensure that they have the capacity to help their clients plan for their educational future. Another initiative was the project aimed at offering affordable housing to lower income earning districts in Texas. The housing project was to empower parents because according to Holt, when the parents have housing, children go to school and this transforms the future of the family.
Nexbank offers Commercial and Institutional banking, mortgage lending and other services. The bank has been leading the others when it comes to innovation and problem-solving. They believe that the future of banking lies in more community involvement in the process.