Lifelong Financial Benefits Await Consumers Who Open a Savings Account Early In Life

At the recent prestigious Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference in New Orleans, John Holt, President and CEO of NexBank Capital which is considered to be one of the leaders in banking innovation and modernization, talked about the importance of assisting and reassuring consumers in opening and managing a savings account early in their lives. “Studies show that if consumers begin to invest earnings in a savings account early in life, then they will develop skills that allow them to make better financial choices throughout their lives and we at NexBank have streamlined the process and help assist our consumers in structuring a savings plan that fits their needs and addresses their short term and long term goals to help benefit them throughout their life” said Mr. Holt.

Participating on a panel of Bankers titled “Reinventing Community Banking: Perspectives on Competing by Innovation”, Mr. Holt stressed that consumers should be given the tools they need to succeed with a savings account. Mr. Holt said, “Banks often make consumers feel unwelcome if they aren’t planning to invest several thousand dollars a year into a savings account, but we think this approach turns away consumers causing both parties to lose out on a tremendous opportunity.” He continued, “We realized that if we show consumers the long term benefits of saving even a small amount of money per year, then we can encourage them each year to increase the amount of earnings they save and eventually turn the relationship into a very successful venture for both of us.”

Established almost 100 years ago, NexBank is a leading choice for consumers in Texas and prides itself on a three tier approach of commercial banking, mortgage banking, and institutional services with the motto “Execution. Flexibility. Expertise.” NexBank offers competitive industry rates, easy fund transfers, and online and mobile banking for consumers looking to establish a savings account. With the approach of assisting consumers with developing a savings plan to help them reach their short term and long term goals, NexBank has been able to grow into one of the industry leaders in Texas. NexBank is community banking done with innovation and the local community in mind.