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| Additional information |
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| Texas Gulf Bank, N.A. |
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Overview:
At Texas Gulf Bank, N.A., we believe in building strong foundations. We build financial security by giving you the tools you need to manage your money. We build businesses by providing them the capital they need to grow. From interest-bearing checking accounts to lending and card services, we help build futures for families and businesses all across Texas.
Since we opened our first branch in Freeport, Texas in 1913, Texas Gulf Bank has been a strong, stable, and financially secure member of the community. The bank opened its doors just one year after the Freeport Sulphur Company moved into Brazoria County, and the city of Freeport was founded. To this day, Texas Gulf Bank remains independently owned and operated. It has seven locations throughout the Texas Gulf Coast to serve its customers. Our success and expansion have been possible because of the relationships we have built and nurtured through the decades.
When you bank with Texas Gulf Bank, you get more than just an account number. You get a banker who knows you by name. Texas Gulf Bank's experienced decision makers take the time to work with you to figure out what you really need. Our Texas roots are deep, so we understand the unique dynamics of the people, businesses and industries along the Texas Gulf Coast.
Although we've been around a while, it doesn't mean we're old fashioned. In fact, Texas Gulf Bank offers all the products and technology our national competitors do; we just deliver them with hometown personal service.
If you are ready for a real, personal relationship with a strong and stable bank – then let's build your financial future together. We hope you will call or visit the banking center most convenient to you today. |
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History:
July 11,1913 Freeport National Bank receives its charter and opens with $50,000 in capital stock. The first building was located on W. Park Avenue in Freeport, Texas.
1929 The Great Depression begins. Times are difficult in the United States, but the bank continues to thrive.
1933 The Banking Act of 1933 establishes the FDIC to provide regulatory oversight and deposit insurance to banks.
1941 World War II breaks out, providing a dramatic effect on the economy as spending on the war begins.
May 8, 1945 Victory in Europe Day marks the end of the war, and United States bank assets are double their pre-war total.
1949 Diner's Club International is established, and consumers begin using the "credit card."
December,1955 Freeport National Bank moves from its original location to a larger building at 103 Cherry Street in Freeport. Deposits had grown to $4.5 million and loans were at $1.5 million.
1963 The bank changes its name to First Freeport National Bank.
1967 The first automatic cash dispenser (known today as an ATM) is installed in Barclay's Bank near London.
1970 First Freeport National Bank builds a new three-story building on the corner of Cherry Street and 2nd Street in Freeport, Texas. There is still a branch of the bank at this location today.
1973 First Freeport Corporation, a bank holding company, is chartered to serve as a base to expand. By this year, deposits had grown to $30 million and loans were at $17.5 million.
April 16, 1976 Chemical National Bank opens on the corner of Dixie Drive and Hwy 332 in Clute.
1980 Alvin National opens. This branch was sold to Express Bank in 1992.
1982 First Freeport Corporation changes its name to Texas Gulf Bancshares, Inc. Trust Services were also added to the bank's service offerings.
January, 1983 Coastal National opens its doors at 1717 N. Velasco in Angleton.
1990 Texas Gulf Bancshares receives approval to merge its four subsidiary banks and all adopt the common name of Texas Gulf Bank, NA.
1992 The bank adds a full service mortgage department.
1994 The Lake Jackson branch is opened at 107 West Way.
1996 Texas Gulf Bancshares, Inc. acquires First Commerce Freeport on Brazosport Blvd. in Freeport.
2001 The Lake Jackson branch moves to its current location at 203 This Way.
December,2005 Texas Gulf Bank, NA opens its 6th branch at 730 W. Brazos in West Columbia.
February, 2009 Texas Gulf Bank, NA expands into Houston and opens its 7th branch at 1626 S. Voss.
2010 The West Columbia branch moves to its current location at 109 E. Brazos. |
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| Formerly known as:
The First Freeport National Bank |
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