Nexbank is an American regional bank that is headquartered in Dallas, Texas. It is state-chartered and overseen by the Federal Deposit Insurance Corporation (FDIC).[1] The bank provides financial services in institutional banking, commercial banking, and mortgage banking and is based in Texas, where it has three branches.[2]
Its parent is financial services company NexBank Capital, Inc.[3] As of 2022, NexBank had assets of almost $14 billon and was "the largest privately held bank in Texas."[4]
History
The bank was founded in 1922 as Terrell Federal Savings and Loan Association, a community bank located in Terrell, Texas