NexBank is a community bank in Dallas, Texas, and they have been hard at work providing the needed financial services to those in the surrounding area, but they have also been working diligently over the past few years to expand into other service areas and sectors. President and CEO John Holt helped leverage the acquisition of College Savings Bank of Princeton, New Jersey which allows them 529 plan college-savings programs as a division of the strong NexBank name so that more students are able to achieve their education dreams.
As program manager for both the prestigious Indiana CollegeChoice CD 529 Savings Plan and the renowned Arizona Family College Savings Program-Bank Plan there is a lot of good passing through the offices of NexBank nowadays. Parents can enroll their loved ones early and have all of the resources needed to send them to a great school by the time that they come of age to need that assistance. Founder James Dondero certainly has an instinct for making wise decisions in the industry, and he admits that he is confident that they will continue to carry on the great services under his watch.
The name that is known for their business acumen around the state of Texas is also not afraid to put their money into places where it can benefit those in need. NexBank donated funds to the families of the officers slain or wounded in the line of duty after the deadly sniper shootings shook the city to its core, and the management continues to look for similar areas where they can give back to those around them since much of their success is owed to that attitude of cohesiveness. Mr. Holt is well respected in the Texas Bankers community where he just recently attended the association’s 5th Annual Strategic Opportunities and participated in the discussion on Reinventing Community Banking: Perspectives on Competing by Innovation.