NexBank Is Still Sponsoring The Byron Nelson

NexBank is going to keep up its sponsorship of the Byron Nelson Championship for the future, and people who love golf will see the tournament in real time with the advertising for the bank when they show up. They will see the presence of NexBank, and they can enjoy one of the most important tournaments on the calendar for the year. The golf tournament is just one small part of what NexBank does for the people of Dallas, and they are continuing their stand as a full service bank that can do anything for its customers.

NexBank Continues Sponsorship of the Byron Nelson

NexBank was started by James Dondero of Highland Capital Management, and he wanted to be sure that he had a strong bank attached to his company. NexBank Capitol offers normal accounts for people who need them, loans, commercial, industrial and residential financing. They have an answer for any question, and they are helping to build up Texas as it grows into the strongest economy in America.

The bank is familiar with loans that people need to make their businesses better, and they are trying to give as many good loans as they can to companies that need them most. Most companies that are in need of loans can get the cash that they need to make their businesses stronger, and they can take out a loan for anything. They can get a loan for construction, or they can get a loan to expand. The company has made it easy for all customers to get what they need, and then the customer can come back for more services in the future. This component of Highland Capital Management is the best thing that James Dondero has done for business in the area. His bank helps everyone in Dallas do business better, and it offers better financing for all.

Read on to know more about Nexbank:

http://www.prnewswire.com/news-releases/nexbank-reports-strong-fourth-quarter-and-full-year-2015-results-300235572.html

Highland Capital Management’s James Dondero Chooses Linda Owen as New Charitable Giving Manager

Highland Capital Management, L.P., an asset management and strategic investment firm based in Dallas, has hired Linda Owen to direct its charitable giving wing and give direction to its philanthropic activities. Highland founder James Dondero personally hired Owen to oversee the company’s burgeoning charitable activity sector, in large part because he recognized her history of success in creating viable public-private partnerships in the Dallas area.

The hire comes at an important time for Highland Capital Management: as its global status as a trusted alternative credit manager grows, the firm finds itself expanding its charitable activities tremendously in the Dallas region. Already, Highland contributes about $3 million annually to various local organizations, notably the George W. Bush Presidential Library and Museum, the Dallas Zoo, and the Center for Brain Health. It is also heavily involved in causes such as Uplift Education and Snowball Express, and contributes large sums each year to the American Heart Association.

Linda Owen, who began her career at Wald, Harkrader & Ross after completing her both her bachelor’s and law degrees at the University of Texas in Austin, appears to be the perfect person to manage this array of charitable responsibilities. She has served as President and CEO at the Real Estate Council, where she oversaw the Dallas-Fort Worth real estate association’s non-profit activities, and at Woodall Rodgers Park Foundation, where she lead the charge for the construction of Kylde Warren Park. Owen has been involved with philanthropic organizations across Dallas and the state of Texas for her whole career, and her ambitions line up nicely with Highland’s stated operational goals.

James Dondero, who initiated contact with Owen and completed the hire, has long been a fixture on the Dallas business and philanthropy scenes. As one of the founders of Highland Capital Management, along with current colleague Mark Okada, Dondero is one of the world’s leading asset managers. With over $17 billion in current asset holdings, Highland has emerged as a global expert in matters of credit strategy, hedge fund analysis, private equity management and collateralized loan obligations. Highland also specializes in alternative investment strategies, and has delved into emerging market and natural resource investment classes in recent years.

Dondero founded the company with his partner in 1992, and since that time they have grown into a multinational business with offices in North America, South America and Asia. The services that Highland provides to its array of clients are invaluable and contribute to the thriving business scene in the Dallas-Fort Worth metro area. Even with the hiring of Linda Owen, it is unlikely that James will scale down his involvement in Highland’s charitable activities. He continues to sit on various boards and engage with local civic leaders in pursuit of the effective philanthropic approach that seems to elude so many successful businessmen. One thing is for certain: Dondero and Owen will form a powerful and energetic charitable team in the present day and for a long time to come.

This article recapped http://www.businesswire.com/news/home/20160608006430/en/James-Dondero-Teams-Dallas-Civic-Leader-Linda

NexBank swiftly growing in popularity

 

NexBank is a popular financial services company that is based out of Dallas, Texas. John Holt is the company’s President and Chief Executive Officer. NexBank serves it’s clients through three core businesses with that being Commercial Banking, Mortgage Banking and Investment Banking.
Over the course of the last two years NexBank has seen a tremendous amount of success with their company growing in many different areas and seeing increases in many different statistical categories. For four consecutive years NexBank has reached a record level in assets, loans, deposits and earnings as well. These statistics are very telling about just how popular and efficient NexBank has become. Their Return on Average Equity (ROAE) soared all the way to 35% by the end of 2015. This percentage is way up from where it stood in 2014 at 23%. Income ROAE reached $16.2 million dollars which is up from the $10.2 million that it was.
NexBank saw a massive increase in total assets over the past year as well reaching a reported $2.72 billion at years end which is a 48% increase. They also saw their total loans increase a significant amount as well $1.97 billion making it a 42% increase. Total deposits are on the rise as well with deposits having grown 32% reaching a level of $1.88 billion.
NexBank has a Tier 1 leverage ratio and total risk based capital ratio’s at 9.34% and 13.52%. According to Chief Operating Officer Matt Siekielski, the company is focused on their institutional client base and developing their business in the United States. They are constantly looking at different ways to not only expand but also strengthen the companies product offering. It’s easy to see how much success NexBank has had recently and the statistics prove just how well run and efficient NexBank really is.

Texas and 10 Other States to Sue Over Obama Trans Bathroom Directive

President Obama believes that transgender students should be allowed to use bathrooms and other facilities that match their gender identity, but the Lone Star state says, “Not so fast.”

Texas and 10 other states are planning to sue the Obama administration for its new directive to schools favoring the rights of trans children and teens. A news conference is set for Wednesday afternoon, with the announcement expected by Texas Attorney General Ken Paxton. Governor Greg Abbott even tweeted about the proposed federal lawsuit a few hours ago, stating “Texas will sue to stop Obama’s transgender directive to schools.”

According to Politico.com, every public school district across the U.S. was notified earlier this month by the Justice and Education departments. The letter clearly spelled out that trans students could choose the bathroom that conforms to their gender ID.

The Obama administration expects all schools to create and provide a safe and nondiscriminatory environment for all students, including those who are trans. AG Paxton believes that the administration is going beyond the exercise of power and noted so in a statement he made on May 13. “If President Obama thinks he can bully Texas schools into allowing men to have open access to girls in bathrooms, he better prepare for yet another legal fight.”

President Obama believes that Title IX of the 1972 Education Amendments gives transgender students protection under the law. According to the administration’s interpretation of Title IX, the law prohibits any sex-based discrimination in education programs and activities that are supported by federal funds.

The 10 other states joining Texas in suing the Obama administration include, Arizona; Alabama; Georgia; Louisiana; Maine; Oklahoma; Tennessee; Utah; West Virginia and Wisconsin.

The subject of transgenders and bathroom facilities remains a hot topic across the country’s landscape. North Carolina passed a law in March banning trans people from using public school and government building bathrooms that align with their gender identities. North Carolina and the Department of Justice sued each other earlier in May, with each side taking an opposing position on whether Title IX violates existing federal statutes barring discrimination.

NexBank Approaching 100 Years in Business

NexBank founded in 1922 just before the Great Depression located its first offices in Dallas, Texas. Texas in the 1920’s was enjoying a great economic climate based on the production of crude oil in oil fields throughout the state. It was a perfect time to open a banking business and the early profitable years of its development shielded it from the Wall Street crisis of 1929. Today NexBank provides a complete range of banking services including investment banking, corporate advisory services, checking and savings accounts, mortgages, mergers and acquisitions, corporate financing, land advisory, loan servicing, and general financial advice to individual investors and corporations.

NexBank, formerly known as Heritage Bank, has John L. Holt Jr. as its CEO, President and Chairman of the Board. Information about the bank can be had at its website, Dierk Hohman was recently appointed as Executive Vice President and the general counsel for NexBank Capital, Inc. and NexBank SSB. Hohman brings a resume of knowledge inside the banking and financial worlds. His comprehension and understanding of compliance factors and the extensive regulations involving banking and investing in America are a tremendous asset for NexBank. Hohman has ably served at various banks, law firms and other financial services companies, including Bank of America, GE Capital, HBK Capital Management and White & Case LLP.
The banking industry in the United States of America seems to be in constant turmoil. Banks are being bought out, merged and acquired much in the same way start-up businesses that have a productive but short record are acquired by larger allied businesses. When a former President said, “The business of America is business.” He was talking about this game of monopoly taking place in American businesses. If it continues any longer, all businesses will be a small part of one giant megalithic corporation. In years past, businesses were founded on good ideas and even better products, and the success of any business was determined within the first few years of its beginning. Now financing in the $ millions is based on someone’s good idea of an unproven product or service. In some cases, the business developer may sell his business or let it be acquired, and he will have gained a lifetime worth of income for only his single idea.
Learn more by following this link:
https://www.depositaccounts.com/banks/nexbank.html