In early November 2016 John Holt, President and CEO of Nexbank spoke as a panelist at the Texas Bankers Association’s Annual Strategic Opportunities and M&A Conference in New Orleans, LA. This conference is meant to focus on the challenges and opportunities that face community banking leaders.
Holt spoke on the topic of “Reinventing Community Banking: Perspectives on Competing by INnovation”. As the leader of Nexbank, Holt has real world experience in operating a community bank in a world of big banks and recognizes the advantages and disadvantages that it brings. He believes that organic growth and branching at a manageable pace is the key for growing a successful community bank.
Nexbank is a community bank with locations in Dallas, TX. It is one of the largest 15 banks in Texas and ranks as the 200th largest bank in the United States. They offer services mainly to corporations, financial institutions, and institutional clients across the nation. They also serve customers with mortgage lending needs and personal banking products like savings and checking accounts. Nexbank has over $3.5 billion in assets and employees just under 100 people. It has served the Dallas community since 1922 and has grown at a slow but steady pace over the past century.