Texas National Bank
Known originally as First National Bank of Mercedes in 1920, the bank changed its name in 1985 to become Mercedes National Bank. Business continued under that name until early 2006. In May 2005, MNB Ventures, Inc. purchased Mercedes National Bank. It was this purchase that brought the name change to Texas National Bank. Texas National Bank prides itself on knowing the community – not just the needs of the community but the people living within that community as well. Texas National Bank utilizes state-of-the-art equipment, but it's the people we hire who are able to make each visit a positive experience. Our staff is committed to treating customers right and providing them with the highest quality customer service. Texas National Bank is recognized as a minority owned financial institution as one of only fifteen Hispanic owned institutions throughout the United States.
The NFL announced $78 million in borrowing from 16 MDI's and CDFI's, 10 of which are CDBA members. The NFL is establishing relationships with diverse financial institutions to provide new economic opportunities typically only available to larger financial institutions and to increase the diversity of its banking partners. Additionally, the new business opportunities will help fund growth, increase investment back into the communities they serve and create broader visibility for the institutions themselves.
The OCC today announced last month the appointment of new members to its Minority Depository Institutions Advisory Committee and the Mutual Savings Association Advisory Committee. Joining the council will be Brian Argrett, president and CEO of City First Bank of DC, Washington, D.C.; Jody Lee, chairwoman of Southwestern National Bank, Houston; Beverly Meek, CRA director of Flagstar Bank, Troy, Michigan; Thomas Ogaard, president and CEO of Native American Bank, Denver; Joe Quiroga, president of Texas National Bank, Mercedes, Texas; Kelly Skalicky, president and CEO of Stearns Bank, St. Cloud, Minnesota; and Laurie Vignaud, president and CEO of Unity National Bank, Houston.