NexBank operates out of Dallas, Texas, and the assets under its control totaled $6.4 billion as of the summer of 2017. When it comes to NexBank’s clients, the majority of them are actually financial institutions, mid-market companies, large corporations and real estate investors. NexBank operates 3 different offices in the state of Texas, and almost 100 full-time employees are currently working for the company, which offers some of the best mortgage banking, institutional services and commercial banking around.
One of the primary goals that the executive management team is currently focused on is combing both their expertise in the field of finance and their undying dedication for properly serving their client base. As a result, NexBank’s excellent financial services have resulted in many satisfied customers. Nexbank has a few different types of customers. The most common types of customers that Nexbank serves are corporate, institutional and individual customers.
In December of 2015, NexBank SSB finally publicly announced that it had acquired College Savings Bank, which operates out of Princeton, New Jersey. THe acquisition of College Savings Bank was an enormous opportunity for NexBank, as the company moves in the industry of 529 college savings programs. Acquiring the Princeton based company allowed NexBank to finish 2015 on a high note.
As if that wasn’t impressive enough, NexBank made another huge announcement during the summer of 2016. The financial services provider, which is based in Texas, was able to post a raise in its common equity capital by $24 million, which NexBank decided would be put to use for general corporate purposes.