Posted On: March 17, 2023 by Austin Bank in: General
Austin Bank, founded in 1900, is deeply ingrained and involved in the Texas banking industry. Our bank has been resilient through many past banking crises, which means our more than 500 bankers are an experienced team. Austin Bank is proud and humbled to be a community bank in East and Southeast Texas. We take pride in our high standards and long history of being a safe and sound financial institution, working hard each day to make certain you, our customers, are provided with a stable, conservative, and secure bank to protect your money.
Our tenured and extremely knowledgeable management team along with a local board of directors – many of whom have extensive banking experience – work collectively to limit risk and ensure responsible banking practices. As a community bank we accept local deposits and make local loans while properly managing our risks, including not making long-term risky investments in our securities portfolio, so that we remain safe and sound in any environment.
Austin Bank’s capital ratio is well above federal requirements. In fact, the bank is considered to be one of the strongest capitalized community banks in Texas which has provided stability through good periods and past turbulent economic times. The strength of our history, the strength of our relationships and the strength of our diverse customer base uniquely position the bank to continue to succeed in the future. Guided by prudent, conservative fundamentals, you have our promise to maintain these high standards and responsible banking practices.
While there may be some uncertainty and fear from recent events and often seemingly confusing media coverage, we invite you to contact one of our trusted bankers. Together, we can review your banking relationship including FDIC deposit insurance coverages.
Thank you for your trust and loyalty. We value the confidence you have placed in us and look forward to serving you for many years to come.
Jeff Austin III Russ Gideon
Chairman of the Board President/CEO
Thomas Campbell | Mar 17th 2023 @ 12:14 PM
Thank you for your comments regarding Austin Bank’s commitment to responsible, conservative banking practices. As a customer, I have no concerns regarding my deposits or the sound status of Austin Bank and it’s ability to serve the community going forward.
Johnnie Helm | Mar 18th 2023 @ 12:23 AM
Trisha and I have banked with Austin Bank for many years and plan on continuing to do so for many more years to come. We love and trust our bank!!!!! Respectfully, Johnnie Helm
David Calvillo | Mar 18th 2023 @ 3:21 AM
Thank you
Valerie Brimer | Mar 18th 2023 @ 5:24 AM
Thank you for taking the time to write this message!! I am so thankful for Austin Bank!!
John Henry Holmes III | Mar 18th 2023 @ 6:23 AM
Thank You as well
Bonny Cain | Mar 18th 2023 @ 6:47 AM
Thank you!!!!!!!!
Ron Frame | Mar 18th 2023 @ 6:57 AM
Wouldn't bank anywhere else! Great people and service.
Lucas Roth | Mar 18th 2023 @ 8:55 AM
Thank you for this message.
Joe Caldwell | Mar 18th 2023 @ 11:34 AM
Thanks for the info I enjoy doing business with the associates and will continue to do so. J.C.
lindalarson527@gmail.com | Mar 18th 2023 @ 12:06 PM
I have been with Austin Bank since 1989. I really like Austin Bank.