Dallas Bank Acquires College Savings Bank

NexBank Capital is a renowned financial services institution that serves consumers through Mortgage Banking, Commercial Banking and Investment Banking. The organization provides customers with customized banking and financial services. Most of its clients are the institutional clients, leading financial firms, individuals, and corporates from all parts of the country. At the moment, Nexbank is based in Dallas.

 

The company is very committed to serving its clients through its leadership. NexBank always strives to deliver exceptional value to its customer in every opportunity. The organization offers its clients with unique access to the sophisticated and custom made solutions that are delivered by the most experienced professionals in the industry. The banking institution started serving customers in 1922, proving valuable banking services that meet the customer’s specialized and complex needs.

 

Just recently, Nexbank announced that it had decided to acquire an organization known as College Savings Bank of Princeton, found in New Jersey. According to a report released last Tuesday from the company, College Savings Bank specializes in 529 college saving program. However, during the news release, the terms of the deals were not released.

 

According to the report, College Savings Bank will retain its branding and name.

 

The banking institution will also maintain its current operations but under the division of NexBank. The president of NexBank, John Holt, says that the new acquisition will help the company to grow and serve more clients in the country.

During the press release, John Holt said that the College Savings Bank had always specialized on college savings since it was started in 1987. The institution is also believed to be a program manager for Indiana College Choice 529 Savings Plan. College Savings Bank will now be part of NexBank SSB, and it will play a crucial role in providing diversified financial services to clients across the nation.