Nexbank is very proud of their commitment to people living in Dallas county, Texas. Ever since Nexbank opened its doors in1922, the officers and employees have tried to make the area a better place to live. The bank enjoys its fourth consecutive year of growth while many other financial institutions are struggling to survive. Under the leadership of John Holt and Kenneth R. Hanks, the future looks very bright for Nexbank.
According to a PRNewswire press release, one way that they are being great neighbors is by offering up to 100 loans each year to recipients who make less than $85,000. These individuals qualify for the program through Dallas Neighborhood Homes working in conjunction with Dallas Habitat for Humanity. Each qualified applicant must turn in financial papers to the organizations proving that they are ready for the responsibility of home ownership. Nexbank officials are excited about the possibilities of the southern part of Dallas that incorporates more than 60 percent of the city’s land mass and is home to 45 percent of the people who live in the county. Yet it only accounts for 15 percent of property taxes.
Additionally, Nexbank has committed over $1 million to help stabilize south Dallas and help to develop jobs in the area. This commitment is made in conjunction with Impact Dallas Capital. Many employers in the area already trust Nexbank with their financial needs so this partnership makes great sense for everyone involved including investors.
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