Business
BY SAMANTHA DOUTY
Texas Republic Bank has locations in Celina, Frisco, Richardson, Melissa and Pilot Point.
Daniel Nam, Anna Silcox, David Baty, Sheri Mason, Gary Carley all work at Texas Republic Bank.
PHOTOS BY COMMUNITY IMPACT STAFF
Texas Republic Bank celebrates 15 years of banking
physical safety deposit boxes. Loans are the top requested service, with real estate encompassing 80% of the bank’s loan portfolio, Baty said. They provide both residential and commercial real estate loans. Zooming out The investor group, when looking for a bank, decided to go to a small town in West Texas, buy a bank there and bring it to Frisco, which was seeing substantial growth, Baty said. Since the 2011 acquisition, Texas Republic Bank has grown organically from 12 employees across two locations to a sta of 80. It now operates branches in Frisco, Richardson, Celina, Pilot Point and Melissa, with a new location planned for Anna.
Texas Republic Bank is celebrating 15 years of community banking in Collin County. The local bank has origins dating back to 1891, and it was acquired by a team of investors to become Texas Republic Bank in April 2011. CEO David Baty said being a true community bank is de ned by local ownership, local manage- ment and local decisions. “If you have that, you have the true community bank,” Baty said. “If you don’t have those ingredi- ents, it doesn’t matter what your name is, you’re not a true community bank.” What they o er The bank o ers full-service banking products such as loans, deposits, and IRA accounts, as well as
The bank o ers full-service banking products.
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2595 Preston Road, Ste. 100, Frisco www.texasrepublicbank.com
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