LegacyTexas Bank

LegacyTexas Financial Group, Inc.
Public
Traded as NASDAQ: LTXB
S&P 600 Component
Industry Banking
Founded 1952
Headquarters Plano, Texas
Key people
 Kevin J. Hanigan, president and chief executive officer
Revenue $410.4 million (2017)[1]
Number of employees
 836
Website www.legacytexas.com

LegacyTexas Bank is a commercial bank headquartered in Plano, Texas. It is one of the largest locally based banks in North Texas.

History

The bank was found in 1952 in Plano, Texas, as a community bank for the surrounding North Texas area. Since then it has grown to be one of the biggest banks in Texas and the biggest locally in North Texas. In 2015, ViewPoint Bank and LegacyTexas Bank merged to become one bank under the LegacyTexas Bank name.[2]

Services

Some of its products are interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts. The company's lending products comprise commercial and consumer real estate loans; secured and unsecured commercial and industrial loans; permanent loans secured by first and second mortgages on one- to four-family residences; construction and land loans; and secured and unsecured consumer loans, including new and used automobile loans, recreational vehicle loans, and loans secured by savings deposits. It also provides insurance and title services. The company was formerly known as ViewPoint Financial Group, Inc. before merging and becoming LegacyTexas Financial Group, Inc. in January 2015.[3]

References

  1. ↑ "LTXB Income Statement - LegacyTexas Financial Group, In Stock - Yahoo Finance". Finance.yahoo.com. Retrieved 25 May 2018.
  2. ↑ "about". Legacytexas.co. Retrieved 25 May 2018.
  3. ↑ "LTXB Profile - LegacyTexas Financial Group, In Stock - Yahoo Finance". Finance.yahoo.com. Retrieved 25 May 2018.
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