A New System of Banking

NexBank is a company that focuses on financial and banking products and services. It specialises in offering savings accounts, mortgages, personal checking accounts, commercial checking accounts, mobile banking, treasury management, Internet banking, commercial lending services and real estate loans.

 

The firm also provides institutional services like mergers and acquisitions, corporate banking and lending, corporate finance and advisory, customised programs, syndicated loan servicing, agency services, land advisory services and investment banking. NexBank serves individuals, companies and institutions in the vast Texas region. The firm was started in early 1992 and has its headquartered in Dallas. The company was initially called Heritage Bank but changed its name to NexBank.

 

Recently, they announced to the public that they had acquired the New Jersey-based bank known as College Savings Bank of Princeton. The bank specialises in more than five hundred and twenty-nine college savings programs. The logistics and terms of the takeover were however not released.

 

John Holt, the Chief Executive Officer and president of NexBank Capital, explained that College Savings Bank would continue operating with its name and brand. Their day to day activities will not change but will just act as a division of NexBank. College Savings Bank was founded in late 1987 and has focused on college savings since then.

 

NexBank is a three million dollar worth business and recently announced that Mary Pirrello was now the director of Texas Mortgage Bankers Association for the next financial year. Mary Pirrello was the vice president of National Warehouse Lending. She served NexBank by focusing on managing relationships and business development for the warehouse lending division. She is a well-experienced lady and has served in various managerial positions over the past twenty years. NexBank was on the forefront of helping families and friends of the officers recently killed in their line of duty.