Nexbank Capital Inc. is a financial institution with a focus in Mortgage Banking, Commercial Banking and Institutional Services to financial and institutional clients and corporation in the United States. Nexbank is ranked among the top financial service provider with sustainable profits, high asset value and ample liquidity.
Founded in 1922, Nexbank Capital provides unmatched sophisticated solutions to its clients through highly qualified professionals. Providing a variety of services that will enable companies to tackle their problems faster is the company’s top priority. The tailored solutions provided to their customers have excellent track-record.
Mid last year, Nexbank Capital raised twenty-four million dollars through equity capital. The President and CEO, John Holt, said that the money would be used for opportunities of growth and development of the company. He also appreciated the shareholders for coming out to help them raise the money. For the first six months of 2016, the company had had a sixty-one percent increase in assets and forty-nine percent increase in total deposit.
The company has shown massive growth since it started its operation including acquiring College Savings Bank. This acquisition was mainly to get to new markets because the College Saving Bank retained its operation. The 529 college-savings programs, helping parents save for their children’s college fees. Matt Siekielski, Executive Vice President and COO of NexBank Capital, said the acquisition would give clients opportunity to save for college, hence, accomplishing both short and long-term goals. He said the transaction was a win-win for both Nexbank and the College Saving Bank.
The staff at Nexbank Capital have experience and high skills in the different divisions they work. The board, on the other hand, consists of successful business people who are experienced in heading big institutions. The Chairman being James Dondero, the Co-Founder and President of Highland Capital Management. This great team is what has kept the Nexbank Capital on the top.