Laredo National Bank
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The Laredo National Bank (LNB) was a
Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
bank founded in 1892 headquartered in Laredo, Texas which was bought by Banco Bilbao Vizcaya Argentaria. LNB had been a component in the development of business and industry along the
United States-Mexico border United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two f ...
and South Texas. The Laredo National Bank had grown to approximately $3.5 billion in assets and was the fifth largest independent bank in Texas. Headquartered in Laredo, Texas, LNB had branches in Austin, Brownsville, Corpus Christi,
Dallas Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
, Del Rio, Eagle Pass, Harlingen,
Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...
, McAllen, San Antonio, San Marcos, and Weslaco. Laredo National Bank owned South Texas National Bank. Laredo National Bank's branches and headquarters names have been changed to Compass Bank on November 14, 2008 due to a merger between Laredo National Bank Compass and BBVA. BBVA Compass plans on cutting 170 jobs and eliminating the Laredo National Bank headquarters.Laredo Morning Times article; 170 jobs cut
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BBVA

Laredo National Bank was a wholly owned subsidiary of Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish banking group. BBVA has a major presence in the main Texas market and principal cities with Laredo National Bank, Texas State Bank, and State National all of which were merged and had their names changed to BBVA Compass Bank.


Locations

Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...
1
Brownsville, Texas 2
Dallas, Texas Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
2
Corpus Christi, Texas 4/2
Del Rio, Texas Del Rio (in Spanish language, Spanish, ''Del Río'', "from the river") is a city in and the county seat of Val Verde County, Texas, Val Verde County in southwestern Texas, United States. As of 2020 United States census, 2020, Del Rio had a popul ...
3
Eagle Pass, Texas 4
Harlingen, Texas 1
Houston, Texas Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...
7
Laredo, Texas 12/9
McAllen, Texas 3
San Antonio, Texas 7/1
San Marcos, Texas 1/1
Weslaco, Texas 1
Total: 44 Branches / 13 Off-site ATMs


References

{{Laredo, Texas Banks based in Texas Companies based in Laredo, Texas Defunct banks of the United States Banks established in 1892