Southside Bank Expands with New Commercial Loan Office
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Southside Bank Opens New Loan Production Office
Southside Bank, a reputable subsidiary of Southside Bancshares, Inc. (NASDAQ: SBSI), has recently opened a new Loan Production Office (LPO) in the bustling community of The Woodlands. This new office is strategically positioned at 9595 Six Pines Drive, and it aims to provide dedicated financial services specifically for the Commercial & Industrial (C&I) sector, a vital area for growth among local businesses in North Houston.
Leadership and Goals
In an exciting development, Amos McDonald has been appointed as the Market President for North Houston. With McDonald at the helm, the new LPO is set to deliver unique lending solutions designed to empower business owners in the region. McDonald brings significant experience and a strong vision for growth, which will help shape the success of local enterprises. Soon, two Relationship Managers will join the North Houston team, ensuring comprehensive support for all business needs.
Commitment to Community Growth
Curtis Burchard, the Chief Lending Officer of Southside Bank, expressed great enthusiasm about this latest venture. He stated, “The opening of our new LPO in The Woodlands marks a pivotal moment for us. With Amos leading this initiative, we are excited about the prospects of providing unrivaled support to our clients and local entrepreneurs. Our mission is to foster community growth through tailored lending solutions that cater to the specific needs of businesses.”
About Southside Bancshares, Inc.
Southside Bancshares, Inc., the parent company of Southside Bank, maintains a strong economic presence, with assets totaling approximately $8.36 billion. The institution has been serving the community since 1960, demonstrating a commitment to providing diverse financial products and services that support both individuals and businesses. With 54 branches and a network of 73 ATMs/ITMs, Southside continues to enhance its reach throughout East Texas, Southeast Texas, and the prominent areas of Dallas/Fort Worth, Austin, and Houston.
Frequently Asked Questions
What services does the new Loan Production Office offer?
The new Loan Production Office specializes in Commercial & Industrial loans aimed at supporting local businesses.
Who is leading the new Loan Production Office?
Amos McDonald has been appointed as the Market President for North Houston, overseeing the new office.
What is the significance of this LPO opening?
This expansion signifies Southside Bank's commitment to enhancing financial solutions for local businesses in North Houston.
How long has Southside Bank been in operation?
Southside Bank has been serving its community since 1960, providing a wide range of financial services.
How can I contact Southside Bank for more information?
For inquiries, you can contact Steven Campbell, Vice President, Director of Corporate Relations & Communications, at 903.531.7158 or email at steven.campbell@southside.com.
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