Texas Regional Bank hosted a groundbreaking ceremony for the construction of its newest Hill Country banking center in Dripping Springs. Once complete, the new building will provide commercial and consumer banking services, as well as mortgage, wealth management, and private client services.
“We’re a nine-year-old bank with just under $1 billion in assets,” said Michael Scaief, Chairman of Texas Regional Bank. “We’ve had tremendous success hiring people, like our Dripping Springs Market President Erin Needham, who genuinely care about their community.”
In addition to banking amenities, the new building will have space to host community meetings and events. “We built a team of bankers who are heavily involved in our community so, we see the new building as a way to further our involvement,” added Needham, who also oversees the bank’s mortgage division and serves as the Hill Country’s Senior Credit Officer.
The 4,200 square foot building, at the corner of Sportsplex Drive and Highway 290, was designed by Jackson & McElhaney Architects with Joe Smith’s Construction serving as general contractor. The bank center is scheduled to open Spring 2020. Texas Regional Bank currently provides a full-service banking center in Dripping Springs from an office in the Keller Williams Building at 333 E. Highway 290, Suite 305.
The new addition marks the company’s seventh Hill Country location.
About Texas Regional Bank
Established in 2010, Texas Regional Bank is headquartered in Harlingen, Texas, with 19 banking centers in the Rio Grande Valley and Texas Hill Country. Texas Regional Bank entered the Texas Hill Country market in 2017 with the acquisition of Blanco National Bank. As of June 30, 2019, Texas Regional Bank reported total assets of $973 Million.