NexBank Capital, Inc. is a financial service firm that is headquartered in Dallas, Texas. NexBank announced that they had a successful close of a 54 million dollar private placement of its fixed-to-floating rate subordinated notes to their high net worth investors and institutional investors in September of 2017.
For the next five years, NexBank Capital notes are non-callable. September 30, 2027, is the maturity date for these NexBank Capital notes. Over a five-year span, NexBank Capital carries a rate of 6.375 percent for these notes.
Since this financial closing by NexBank, this finance company was able to raise approximately 283 million dollars of debt and equity. NexBank has been deemed the 11th biggest bank in Texas, and the 150th largest bank in the U.S. NexBank began as a business in 1934. Since then, Nexbank has expanded over the years to now employ close to 90 employees who work at three different locations.
Besides NexBank Capital, NexBank SSB is a part of NexBank Capital, Inc. NexBank SSB is known as a regional bank with assets of approximately 6.4 billion dollars. The charter for NexBank SSB began in 1922. NexBank provides mortgage banking, commercial banking, and services to address the needs of clients and stakeholders. Some of these clients include financial institutions, institutional clients, and corporations.
NexBank SSB announced in 2017 that it decided to be a new sponsor for the Dallas Women’s Foundation 32nd Annual Luncheon. NexBank supported the Dallas Women’s Foundation to help advance women’s leadership as well as their economic stability by providing a $100,000 thousand gift.
The 2017 Annual Luncheon occurred on Friday, October 20th. This important luncheon took place at the Hilton Anatole Hotel located in Dallas, Texas. The luncheon featured a keynote address from Dr. Hope Jahren, one of TIME Magazine’s Top 100 Influential People. Dr. Hope Jahren is a best-selling author and an award-winning scientist. The keynote address by Dr. Hope Jahren was live-streamed to approximately 20 schools and 10 thousand plus students located across North Texas.
The Dallas Women’s Foundation hosts this event annually. This luncheon included over 1,300 business, civic and community leaders.