American National Bank of Texas (ANBTX), one of the oldest and largest independently owned banks in the Lone Star State, announced the opening of a new loan production office in South Dallas this fall as part of its ongoing efforts to strengthen its presence in the community.
ANBTX, founded in 1875 and boasting assets over $6 billion, will locate its new office at 820 Exposition Ave., where it will serve as the home for the bank’s Emerging Markets team and play a critical role in its commitment to the area.
According to Marcelo Mills, Emerging Markets president for ANBTX, the bank is “laser-focused on building lasting relationships with the hard-working businesses, entrepreneurs, and residents of South Dallas.”
The South Dallas location will offer various lending services, including business and commercial loans, and serve as ANBTX’s central hub for its community engagement team. Additionally, a dedicated South Dallas mortgage lender will help residents access affordable housing options across ANBTX’s North Texas footprint, including majority-minority neighborhoods in Southern Dallas County.
“The new loan production office will amplify ANBTX’s work with our local partners and organizations as we work together to spark revitalization in this vital community,” Mills said in a statement.
Fannon Meador, ANBTX’s Community Development Officer, will help lead the bank’s efforts to engage with the local community and foster partnerships with organizations dedicated to revitalizing the area.
The South Dallas office is the latest example of how ANBTX continues to create banking opportunities for the Southern sector. Per ANBTX, other important initiatives include:
- Investing over $3.1 million through its Ignite Home Loan Program, aimed at a path to affordable homeownership. ANBTX has originated 205 Ignite Home Loans since the program launched in January 2023.
- Donating over $545,000 to more than 20 community organizations to support long-term revitalization efforts, including the Builders of Hope Community Development Corporation’s Homebuyers Resource Center in the Shops at RedBird.
- Expanding its popular homebuyer education series to include seminars at Cornerstone Baptist Church, South Side on Lamar, and Mill City 50, a housing development in the Mill City neighborhood in East Dallas.
The bank said the new space will also host a variety of ANBTX’s free community education offerings, including its small business and homebuyer seminars. The instructor-led homebuyer course specifically guides participants through the process of buying and owning a home.
Robert Hulsey, president and CEO of ANBTX, said the South Dallas Loan Production Office is “the bank’s next step in addressing the community’s most pressing needs.” He added that the new office, coupled with the bank’s Ignite Home Loan Program and popular small business and homebuyer education seminars, shows “ANBTX’s commitment to give residents and businesses the tools they need to empower themselves and their neighborhood.”
In celebration of the South Dallas loan production office, ANBTX will host a grand opening event in November.
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