San Antonio-based Broadway Bank has announced the opening of a new loan production office (LPO) in Round Rock. The location will offer both business and personal loan products and services, including commercial loans, commercial real estate, business banking, private banking and mortgages. The new LPO is part of the bank’s aggressive plan for growth in the region. Broadway Bank plans to expand services, open more facilities and hire more talent in Central Texas in the months ahead. It opened its first financial center in the Austin market in 2012.
“This area has seen a tremendous growth in business, especially the tech industry,” says Harvey P. Hartenstine, chief banking executive. “Our goal is to make the lending process easier for businesses and consumers with our local experts and personalized approach.”
“This office will have specialists available who can assist…with even the most complicated or complex loans,” says Blake Absher, executive vice president/Austin market executive.
Established in 1941, Broadway Bank is one of the largest privately owned banks in Texas with more than $4.7 billion in assets and $2.6 billion in wealth management assets. It operates banking centers in San Antonio, Austin and the Texas Hill Country.