Chief executive officer and president of Nexbank, Mr. John Holt, was a key speaker at the Texas Bankers Association Conference that was held in New Orleans, Louisiana. The event took place on November 7th. John Holt was a panelist on the Reinventing Community Banking: Perspectives on Competing by Innovation panel where he offered his insight, expertise and forecast to the Texas banking community.
The meeting of the Texas Bankers Association in Louisiana was only the fifth one since it was launched in 2011. The event is scheduled to be a yearly event. Its goal is to to provide an avenue for bank CEOs, executives, financial advisors and investors to share strategies on how to grow revenue and expand their base of operations. A key part of the conference involved growth through mergers and acquisitions and expansion from organic growth and branching.
NexBank is a Dallas, Texas bank that so far has only one major retail branch. The bank mostly serves institutional, corporate and commercial clients. Its three main services are commercial banking, mortgage banking and investment banking.
Its mortgage banking division, lends not only to interested home buyers looking to purchase a new home but to commercial clients who are looking to purchase a new warehouse, office space or land for commercial development. NexBank’s commercial lending operations involve giving business loans or helping to secure capital for businesses so that they can expand operations or upgrade existing facilities. The bank can also work with small businesses to help them secure small business and government loans. This can result in more favorable terms to the borrower and greater flexibility when paying off loans.
In investment banking, NexBank offers standard services such as mergers and acquisitions. Services also include real estate advisory, corporate finance, operations advisory and recapitalization. NexBank can also help firms restructure to cut down on waste and expenses.