NexBank received its charter in 1934 subjecting it to the State Law of Texas and regulatory oversight. It is currently located in Dallas. Among the services that it offers include real-estate, insurance, wealth management and banking services. It is a part of Capital Inc. which provides financial services to its clients. It was a proud sponsor of the Dallas Women’s Foundation 32nd Luncheon which took place at Hilton Anatole Hotel last year October. Through a Contribution of $100,000, NexBank ensured their support for women’s economic resilience. This foundation promotes equal opportunities for all women regardless of their age and status.
Under the leadership of James Dondero who is the co-founder and CEO of NexBank Capital Inc., NexBank offers world-class services to its clients due to their wide range of professionals. The company shows its appreciation to their staff on a regular basis for their diligence in making NexBank a success. IT is the only regional bank in Dallas and 11th largest bank in Texas.
Its parent company, Capital Inc., announced the acquisition of Barrier advisors in 2006. Barrier Advisors used to be regarded as a nation-wide financial consultancy firm. It also incorporated NexBank Securities to break the firm’s crucial deals. With the addition of these two sectors, the client base receives exceptional and adequate services and unlimited access to the bank’s resources. With assets worth $8.4 billion, NexBank has a loan limit of $137 million.
In December 2015, NexBank acquired the College Savings Bank of Princeton. It aimed to help their client’s families and was also an opportunity to expand their industry. During the press conference, the CEO insisted that College bank would retain the name, branding and its employees. He did not, however, expose other details of their agreement.
Some of the achievements that the company has attained include being ranked first nationally by the Bank Director Growth Leaders Ranking and fifth by the ICBA Independent Banker Magazine. It also acquired a perfect score of 300 in the IDC Financial Publishing, Inc.
From the time of NexBank’s growth, it has seen a significant rise in the number of employees to a remarkable 88 in Texas only.