Jeff Austin, III, Vice Chairman of Austin Bank, announces their intent to open a new full service banking facility in the new Cumberland Park Commercial Development currently under construction.

"Tyler and Smith County are important segments of Austin Bank's business strategy and this location is vital to the Bank's overall commitment to the growth and development in the Tyler area," Mr. Austin stated. “The new Cumberland Park location, a 5,500 square foot facility with a six lane drive thru, will be located on two acres at the Northeast corner of Market Square Blvd. and Hwy 69 South. With Loop 49 nearing completion our newest facility will be located to better serve our current customers and to help foster growth in South Tyler."

Larry Bolton, Senior Executive Vice President/Chief Lending Officer of Austin Bank commented that the new location is scheduled to open in 2007. "This expansion confirms our belief in the strong growth and development of south Tyler,” says Mr. Bolton. “Our future location will offer Austin Bank new opportunities to better serve our customers and businesses in that area."