PAID ADVERTISEMENT Texas Republic Bank thrives locally with CEO David Baty's leadership
Texas Republic Bank
Frisco | Celina | Richardson | Melissa | Pilot Point 690 W. Campbell, Richardson, TX 75080
www. texasrepublicbank .com
972-685-2040
“We want to be the bank where people feel valued and understood... When our customers win, we win.” DAVID BATY, PRESIDENT AND CEO
In an era where big establishments dominate the landscape, Texas Republic Bank stands out as a beacon of local ownership and community focus. With a philosophy rooted in personalized service and care, the bank has carved a unique niche in the Dallas-Fort Worth metroplex. “I want everyone to work like they own the place,” President and CEO David Baty said. Texas Republic Bank was purchased by Baty and his group in 2011 in response to the challenges faced by the previous institution, which strug- gled under management issues. “The old board had to go home, and as we bought the bank, I was able to handpick a new board that was committed to the community and to our mission,” Baty said. One of those key figures is Tim Cantrell, the current chairman of the board, who has been instrumental since the bank's inception. “Tim was not just a successful businessman; he was a long-time cus- tomer. His success in real estate made him the perfect partner,” Baty said. The bank is governed by a diverse board of directors, representing
provide better support,” he said. In contrast to larger chain banks, which often treat customers as mere numbers, Texas Republic Bank prides itself on a more human approach. This commitment to customer service also extends in the bank’s approach to hiring and employee development. “We want to give young bankers the opportunity to grow within our organi- zation,” Baty said. “Promotions from within are something we celebrate, as it leads to longer-tenured employees who know our clients and can provide exceptional service.” The bank also incorporates a unique cultural element that fosters camarade- rie among employees. As Texas Republic Bank continues to grow, its core values of accountabil- ity, ownership and community focus remain at the forefront.
about 100 local shareholders. This local governance fosters a culture of accountability that extends throughout the organization. Texas Republic Bank has achieved recognition as one of the top-perform- ing community banks in the United States. According to S&P Global, the bank has been ranked among the top 100 community banks five times in seven years. “That recognition isn’t just a formal- ity; it’s an objective measurement of our performance,” Baty said. What sets Texas Republic Bank apart is also the relationships it fosters with its customers. Each account is assigned an officer, ensuring that clients receive personalized service. “Many of our customers are family businesses. We know their stories and their struggles, which allows us to
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RICHARDSON EDITION
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