Banking veteran Mandy Austin has been hired by Harlingen-based Texas Regional Bank as president of North Texas Region and Commercial Banking, a role in which she will be responsible for TRB’s mission to provide exceptional financial services to the community while fostering solid relationships with clients and stakeholders.
“I’m thrilled to join the entrepreneurial executive team at Texas Regional Bank and for the opportunity to build their commercial banking platform, which will complement the exceptional community banking franchise that TRB has built over the last decade,” Austin said in a statement. “The sophisticated platform, community-focused culture, and innovative mindset that TRB brings to each of its markets align perfectly with the entrepreneurial needs of our fast-growing region.”
Austin has 18 years of experience in the financial services industry and served as the Dallas Market President & CEO for Bank of Texas, a subsidiary of BOK Financial, before joining TRB.
During her tenure at Bank of Texas, Austin led the Dallas market’s operational and business development efforts, and she oversaw the corporate banking group, which served large middle-market companies in the commercial and industrial sectors.
Austin also led the development of the subscription line lending and supply chain finance lending specialties during her tenure at Bank of Texas. Austin was involved in the bank’s expansion into the North Dallas geographic market.
From the Texas-Mexico border to expanding in North Texas
“Texas Regional Bank has a very compelling story for business owners and operators and high net worth individuals in the DFW region, particularly for those with international investments,” Michael Scaief, chairman and CEO of TRB, said in a statement. “Given our proximity to the Texas-Mexico border, we are excellent at international private wealth management and international trade. As the near-shoring trend accelerates, our team is exceptionally well positioned to help our clients facilitate transactions and trade in the US/MX corridor.”
TRB has five branch locations across in North Texas in Dallas, Southlake, Denton, Krum, and Fort Worth, with a sixth location under renovation at Lovers Lane and the Dallas North Tollway.
The bank also operates two loan production offices in Forney and Fort Worth and said it has plans for full branch expansions in each location. TRB said its executive team has continued to expand in North Texas by hiring its Senior EVP and Chief Legal Officer, Jacque Kruppa, who lives in the Park Cities.
“We’re a bit contrarian in our branch strategy,” Scaief said. “While others are eliminating branches, we’re adding new locations. Our clients need to get to know us; to do that, we need to be accessible in the communities we serve. We want to live our motto of being ‘the people you know.”
“Texas Regional Bank was founded on the principle of serving the community. This executive team understands that serving the whole community is not just good press; it’s smart business, and that mentality aligns perfectly with my core values,” Austin said.
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