NexBank is a renowned banking firm established in 1994. The financial institution serves the residents of the United States through its premises located in Dallas, Texas. Since its establishment, the organization expanded its market base becoming one of the top banks in the country. NexBank prides itself for being ranked position thirteen in Texas. The financial institution extended its operations, attracting over eighty workers to the firm. It is a division of NexBank Capital Inc. managed by John Holt, who acts as the chief executive officer. Over the years the financial institution continues to provide quality services, which involve commercial banking, mortgage banking, and institutional facilities. The banking firm earns an incredible reputation from its customers who entail corporations, individuals, and organizations.
NexBank employees are experts in the corporate world who have the passion for growing in their professions. The personnel provides result-oriented solutions to clients. The workers are under the company’s chief executive officer, James Dondero, who has the duties and responsibilities to ensure that employees within the firm provide clients with quality services. Dondero serves High Capital Management as the president alongside being the co-founder of NexBank. The company’s top leaders are senior managers who are financial experts in the business sector. The executives of the firm offer their managerial skills and leadership services to the financial institution. The company provides quality advisory services as well as customized solutions, which meets and exceeds the needs of their clients. Nexbank is one of the top 200 financial institutions within the United States, for its success in delivering quality services in the banking industry.
According to PR Newswire, the Dallas-based financial firm completed a subordinated debt offering that was worth 54 million dollars. The private placement targeted to several institutions and investors who have high net worth. It was a fixed-to-floating rate subordinated notes that are non-callable for five years, maturing on September 30, 2027. The subordinated notes were programmed to have a fixed rate of 6.375 percent for five years, and a floating rate after that period. The loans had an investment grade rating of BBB and qualified as Tier 2 capital.