Nexbank is joining with other banks to support the fallen officers of the sniper attack in Dallas. The Texas Bankers Association is organizing the effort which is a partnership with member banks. The donations are being made to Assist the Officer Foundation which donates 100% of the proceeds directly to the families. John Holt, President, and CEO of Nexbank was pleased to include his bank in the effort. He indicated that support and pulling together to help those in need is typical of Dallas residents and Texans in general.
On an unrelated front, Nexbank had the honor of seeing one of their talented executives appointed as President of the Texas Mortgage Bankers Association (TMBA) for the 2016-2017 term. With over 20 years of experience in banking Mary Pirrello was an excellent choice for the post. She serves Nexbank as Senior Vice President of National Warehouse Lending. She has been a member of the organization since 2007.
In a vote of confidence in their growth strategy and strong track record of such, Nexbank raised an additional $80 million of senior unsecured notes. Their total now stands at $155 million which will be used to strengthen their balance sheet and help them continue to grow their earnings.