PlainsCapital Bank, a subsidiary of
Hilltop Holdings Inc., is one of the largest independent banks in Texas with approximately $11.8 billion in assets.
PlainsCapital operates more than 60 branches in
Austin
Austin refers to:
Common meanings
* Austin, Texas, United States, a city
* Austin (given name), a list of people and fictional characters
* Austin (surname), a list of people and fictional characters
* Austin Motor Company, a British car manufac ...
,
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 ...
,
Fort Worth
Fort Worth is a city in the U.S. state of Texas and the county seat of Tarrant County, Texas, Tarrant County, covering nearly into Denton County, Texas, Denton, Johnson County, Texas, Johnson, Parker County, Texas, Parker, and Wise County, Te ...
,
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 ...
,
Lubbock
Lubbock ( )
is a city in the U.S. state of Texas and the county seat of Lubbock County. With a population of 272,086 in 2024, Lubbock is the 10th-most populous city in Texas and the 84th-most populous in the United States. The city is in the ...
,
San Antonio
San Antonio ( ; Spanish for " Saint Anthony") is a city in the U.S. state of Texas and the most populous city in Greater San Antonio. San Antonio is the third-largest metropolitan area in Texas and the 24th-largest metropolitan area in the ...
and the
Rio Grande Valley
Lower Rio Grande Valley (), often referred to as the Rio Grande Valley (RGV) of South Texas, is a region located in the southernmost part of Texas, along the northern bank of the Rio Grande. It is also known locally as the Valley or the 956 (the ...
. The bank, which is led by CEO Jerry Schaffner, employs about 1,200 people.
History
The bank was founded as Plains National Bank by Alan B. White, former chairman and CEO, in 1988 in Lubbock, Texas USA. In 1999, it expanded with a branch in Dallas, and acquired Dallas-based residential mortgage lender PrimeLending. The bank added branches in other major Texas markets throughout the 2000s. In 2003, the bank changed its name to PlainsCapital Bank.
Today, PlainsCapital Bank operates as a subsidiary of Hilltop Holdings, with PrimeLending as its main subsidiary.
Timeline
*1988 – PlainsCapital Corporation acquires Plains National Bank in Lubbock.
*2003 – Plains National Bank undergoes name change to PlainsCapital Bank.
*2012 – The bank merges with Hilltop Holdings Inc., a Dallas-based financial services holding company.
*2013 – The bank acquires First National Bank of Edinburg with an FDIC-assisted transaction.
*2015 – The bank’s parent company, Hilltop Holdings, enters into a merger agreement with SWS Group. SWS's banking subsidiary – Southwest Securities, FSB – becomes a part of the bank.
*2016 – PlainsCapital Chairman Alan B. White is named Co-Chief Executive Officer of Hilltop Holdings with Jeremy B. Ford.
*2018 – The bank’s parent company, Hilltop Holdings, acquires Houston-based The Bank of River Oaks.
Services
PlainsCapital Bank conducts commercial and consumer banking in the state of Texas. The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and states it is an Equal Housing Lender. The bank offers:
* Commercial lending and other commercial banking services
* Treasury management
* Small business banking
* Private banking
* Trust and wealth management services
* Consumer banking
References
External links
*
{{DEFAULTSORT:Plainscapital Bank
Banks based in Texas
Companies based in Lubbock, Texas