DALLAS--(BUSINESS WIRE)--American National Bank of Texas (ANBTX), one of the oldest and largest independently owned banks in the state, celebrated the grand opening of its new loan production office in South Dallas’ Fair Park Tuesday, Dec. 10. The new loan production office, located at 820 Exposition Ave., was first announced in June as part of ANBTX’s ongoing efforts to bring opportunities and investment to Southern Dallas County.
The new location, which serves as the home for the bank’s Community Development Team along with a team of commercial and mortgage lenders, supports financial education, small business and job creation and offers various lending options, such as the Ignite Home Loan, to make homeownership possible and affordable.
“We’re proud to have now officially opened our South Dallas Loan production office, and we can’t wait to provide best-in-class financial services to the community and its residents from this new location, whether it be through economic support, financial education or volunteerism,” said Marcelo Mills, Emerging Markets President for ANBTX. “Our Community Development Team has worked tirelessly over the last two years to build relationships with local organizations and community leaders, and our new location will help us strengthen those connections and build new ones, so we can meet the unique needs of this historically underserved market.”
The grand opening ceremony included a ribbon cutting and featured a lineup of distinguished public officials and community leaders, including Sen. Royce West and representatives from the offices of Dallas Councilmember Adam Bazaldua, Congresswoman Jasmine Crockett, Sen. John Cornyn, and Commissioner John Wiley Price. In addition, ANBTX awarded $10,000 to Dallas City Homes (DCH) to support the nonprofit’s vital mission to create healthy and sustainable communities.
Brett Randle, CEO of Soulman’s Bar-B-Que, which catered the event and has been a customer of ANBTX for more than three decades said, “We believe in the positive power of local partnerships here in North Texas, and American National Bank of Texas has witnessed and supported our growth for more than 30 years. ANBTX’s location in Fair Park is sure to help other community members and businesses succeed and, as a fellow independently owned organization, we fully celebrate their bright future.”
In addition to the new loan production office, ANBTX supports Southern Dallas County through affordable homeownership, charitable giving and financial education. Highlights include:
- Over $3.9 million invested through ANBTX’s Ignite Home Ownership, originating 280 Ignite Home Loans (totaling over $90 million in mortgage funding) since the program launched in January 2023.
- More than $800,000 in donations to 20 community organizations to support long-term revitalization efforts. The bank specifically supported the Builders of Hope Community Development Corporation’s Homebuyers Resource Center in the Shops at RedBird.
- The expansion of ANBTX’s popular homebuyer education series to include seminars at Cornerstone Baptist Church and South Side on Lamar. ANBTX joined Good Urban Development (GUD), a joint venture between Urban Specialists Incorporated and Matthews Southwest to educate prospective homebuyers at Mill City 50, a housing development in the Mill City neighborhood in East Dallas.
“As the state senator representing southern Dallas for over 30 years, I am excited to see more banking institutions invest in South Dallas and more specifically, Fair Park,” said Sen. Royce West. “Homeownership is critical to breaking the cycle of poverty and creating generational wealth and I’m looking forward to seeing the benefits of ANBTX’s programs on our community.”
Said Robert Hulsey, ANBTX’s President and CEO: “For almost 150 years, we’ve gone where the need is the greatest and worked with our customers to fill that need. Our new Fair Park Loan Production Office is the latest example of our dedication, and we’re excited to work alongside our community partners to bring long-term investment and opportunity to South Dallas.”
ABOUT AMERICAN NATIONAL BANK OF TEXAS
American National Bank of Texas, founded in 1875 in Terrell, Texas, is an independently owned bank with assets over $6 billion and 30 locations throughout North Texas, serving Collin, Dallas, Hunt, Johnson, Kaufman, Rockwall, Tarrant, and Van Zandt Counties. As a community bank, American National Bank of Texas offers traditional banking products and services to individuals, businesses and municipal governments, as well as individual and corporate trust, investment and estate planning services through their Wealth Management Group. ANBTX has consistently been ranked one of the Top Workplaces DFW by The Dallas Morning News. Visit American National Bank of Texas online at www.anbtx.com.
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