The new Texas Bank in Van Alstyne, taken from across West Van Alstyne Parkway (FM 121).
Photos and story by Mary Jane Farmer for Van Alstyne News/Scene In Town
It’s not a new sheriff coming to town — it’s a new bank.
Texas Bank has purchased, is renovating, and will move into what was originally Landmark Bank, then Simmons Bank. Simmons Bank closed it several months ago because it was, apparently, in a small market after they bought Landmark (Bank) out, and “was dropping some of their more rural market banks. It was a good opportunity when it was presented to Texas Star,” Texas Bank’s Michael Marshall said.
A GCEC truck moves through the Texas Bank parking lot after working on the site.
Texas Bank got its start in 1973, according to information provided on its Website, TexasBnk.com. In 1987, they opened a branch in Henderson, and then one in Nacogdoches in 1999. There are branches now in Longview, Tyler, Frisco, and Prosper — the Prosper Bank having merged into the Texas Bank family. They have also opened a second location in Henderson.
And in 2020, the bank began construction on a new branch on White Avenue (FM 455) in Anna, more specifically at 609 Victoria Falls Drive. And, while this building is undergoing construction, the bank is open in Anna, using a temporary facility beside the construction, and which opens on its north side.
And through all this growth, Marshall said, Texas Bank remains a customer-oriented financial institution. The Website added that its Board of Directors “is committed to providing a friendly, full-service financial institution in every community (it) serves.”
Settling into Van Alstyne with its close proximity and close ties in Anna, can only be productive for its customers. “We are more familiar with rural areas that large cities,” Marshall said. He said it is family-based, as they welcome all the growth coming to the area. “We have spoken with the Economic Development Corporation Director (Rodney Williams) and know it is definitely growing up here in this neck of the woods.
“From a bank standpoint, we began and continue to be a family-owned bank, with a different feel that your more corporate (banks). We like to pride ourselves in threating our customers as we like to be treated.” To that extent, there is another bit of construction in Anna sporting a sign depicting Texas Bank as being involved in that construction.
Texas Bank in its temporary building, beside the new construction going on now.
Opening date? “I would say late in this year’s 3rd quarter or early the 4th quarter,” Marshall said. Right now, they are coordinating with multiple vendors to get the Van Alstyne operation up and running; getting the signs in the works; and has contractors renovating inside the building; all more in the background than the foreground now.
They, too, have already had numerous banking-knowledgeable people apply for employment with Texas Bank. They have hired Van Alstyne long-time banker Buddy Hayes as Anna’s Texas Bank Branch
Texas Bank, Anna, under construction.
Manager. And that staff, too, is from the area. “We will be hiring locally, quality candidates, as much as we can,” Marshall said.
“We also will be seeing how we can definitely be a community member, getting more involved. I’ve been the Chamber president here locally in Henderson. We definitely like to encourage our banks to being out and about community. As the towns grows, so will the businesses.
More information on what this bank offers can be obtained on its Website. Again, that is TexasBnk.com