The Dallas Women’s Foundation is a nonprofit that supports the professional careers of women. It recently held its 32nd Annual Luncheon which had a new sponsor, NexBank SSB. This is a regional bank that has its headquarters and branches in Dallas, Texas. They provided the Dallas Women’s Foundation a check for $100,000 which will be used to advance this organization’s cause helping women attain leadership roles and economic security.
They Annual Luncheon was held at Dallas’ Hilton Anatole Hotel. The keynote address was delivered by Dr. Hope Jahren. Dr. Jahren was named one of Time Magazine’s Top 100 Influential People of 2017. She is a celebrated scientist as well as an accomplished author. Her speech was live-streamed to 20 schools in North Texas. Each year there are over 1,300 people in attendance for this event.
NexBank was founded almost 100 years ago and now has about $6.4 billion in assets. Their primary customers are corporations, institutional clients, and financial institutions. Their three main services are mortgage and commercial banking as well as institutional services. They also have accounts like savings and checking accounts plus certificates of deposit for people that live and work in Dallas. NexBank SSB is a subsidiary of NexBank Capital, Inc.
NexBank SSB has two locations in Dallas; one on McKinney Avenue which also serves as its headquarters plus one on Luther Lane. It is the 11th biggest bank in Texas and overall the 161st biggest bank in the United States. They offer money market rates that are three times larger than the national average and offer $1.25 APY on their High-Yield Money Market Savings if you carry a balance above $10,000.
The sister company of NexBank SSB is NexBank Wealth Advisors. This company offers wealth management services that make use of actively managed ETFs. They specialize in alternative investments and have around $14 billion in assets under management.