John Holt is the President and CEO of Nexbank and was recently a featured panelist at the Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference in New Orleans, Louisiana. The Big Easy saw a phalanx of Texas bankers descend upon their town to discuss the challenges facing community banks and potential opportunities as well. Holt was among them and participated in the panel discussion regarding community banking and innovation. The official title was “Reinventing Community Banking: Perspectives on Competing by Innovation”.
This conference is an opportunity for leaders in the community banking world to network together and compare notes on challenges and successes. Bank leaders, consultants, and advisers gather together to discuss these primary aims and consider ways to use innovation to promote growth and opportunities to expand.
The participants had a strong emphasis on the subject of branching as a strategy to increase revenues and profits. Adding to the number of branches available to customers is a tried and proven method to increase financial results. This topic figured prominently in the conference and its proceedings.
Mergers & Acquisitions are another avenue for community banks to realize substantial growth. This can often provide synergies and greater capabilities and larger customer bases. This course of action was a great part of the conference as well.
Organic Growth is the third major category that was featured during the conference. Developing good relationships with customers was the main consideration and ensuring that they have peace of mind in their trust of bank employees. Customers who are on a first name basis with bank employees can become more confident in the institution and potentially utilize more products and services.
Nexbank Capital, Inc. offers a wide range of financial services and emphasizes Commercial Banking, Mortgage Banking, and Institutional Services. They are strongly focused on customer service and satisfaction.
Nexbank’s Board of Directors has a wide breadth of banking experience and knowledge. They consider their people to be their strength and the bank is steadily growing.