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TEXAS BANKING NEWS, PEOPLE AND IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

News

Texas Banks Touted in Forbes’ List of the ‘Best Banks in the World 2023’

May 11, 2023

Forbes has released its fifth annual list of the “World’s Best Banks,” with numerous banks headquartered and/or doing business in Texas making the cut. Of the 75 banks based in the U.S., at least 16 of them operate in the Lone Star State. San Antonio-based USAA Federal Savings Bank topped the list of U.S.-based banks. As with all Forbes lists, companies do not pay any fee to participate.

Here are the 2023 “World’s Best Banks” that operated in Texas (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks:

  • 1: USAA, San Antonio
  • 7: BancFirst, Oklahoma City, Oklahoma
  • 15: Centennial Bank, Conway, Arkansas
  • 17: Prosperity Bancshares, Houston
  • 21: Bank of Oklahoma, Tulsa, Oklahoma
  • 34: Bank OZK, Little Rock, Arkansas
  • 43: Trustmark, Jackson, Mississippi
  • 44: IBC Bank, Laredo
  • 45: Chase, New York, New York
  • 59: Regions Financial, Birmingham, Alabama
  • 63: City Bank, Lubbock
  • 65: MidFirst Bank, Oklahoma City, Oklahoma
  • 69: BancorpSouth, Tupelo, Mississippi
  • 70: Simmons Bank, Pine Bluff, Arkansas
  • 73: Woodforest National Bank, The Woodlands

“World’s Best Banks 2023,” created in partnership with the market research firm Statista, used an online survey of more than 48,000 people in 32 countries to rate their banks on general satisfaction, trust, digital services, customer service and more. A total of 415 banks—4 percent of those that exist worldwide, based on estimates by IBISWorld—reached minimum scores to be included. To make the list, a bank had to be rated by at least 250 customers.

USAA Federal Savings Bank focuses its efforts on only a segment of the banking market: current and ex-military members and their families. With total assets of $110 billion and 9.3 million customers/members, USAA shined primarily through its excellent customer service. It has no brick-and-mortar branches; it focuses on online banking and lets customers use 100,000 different ATMs that belong to other banks at no charge. It also allows early availability for deposited paychecks and has no insufficient funds fee, both of which can be particularly valuable for military members operating on a limited budget or frequently on the move.

“USAA’s mission is to facilitate the financial security of the military community,” says Roger Wildermuth, director of public relations and corporate communications. “We do that by knowing our members better than anyone else.”

“This recognition is extremely meaningful during these uncertain times in the banking industry,” says John Allison, chairman, president and CEO of Home BancShares, the parent company of Conway, Arkansas-based Centennial Bank. “This reinforces the strength of our company, the focus our bankers have on our customers and the confidence our customers have in us. Being number 15 of the 75 banks in the country to make the list is certainly something for which we are very proud.”

Click here to learn more and see the entire list of the “World’s Best Banks 2023.”

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

News

Texas Banks Touted in Forbes’ List of the ‘Best Banks in the World 2023’

May 11, 2023

Forbes has released its fifth annual list of the “World’s Best Banks,” with numerous banks headquartered and/or doing business in Texas making the cut. Of the 75 banks based in the U.S., at least 16 of them operate in the Lone Star State. San Antonio-based USAA Federal Savings Bank topped the list of U.S.-based banks. As with all Forbes lists, companies do not pay any fee to participate.

Here are the 2023 “World’s Best Banks” that operated in Texas (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks:

  • 1: USAA, San Antonio
  • 7: BancFirst, Oklahoma City, Oklahoma
  • 15: Centennial Bank, Conway, Arkansas
  • 17: Prosperity Bancshares, Houston
  • 21: Bank of Oklahoma, Tulsa, Oklahoma
  • 34: Bank OZK, Little Rock, Arkansas
  • 43: Trustmark, Jackson, Mississippi
  • 44: IBC Bank, Laredo
  • 45: Chase, New York, New York
  • 59: Regions Financial, Birmingham, Alabama
  • 63: City Bank, Lubbock
  • 65: MidFirst Bank, Oklahoma City, Oklahoma
  • 69: BancorpSouth, Tupelo, Mississippi
  • 70: Simmons Bank, Pine Bluff, Arkansas
  • 73: Woodforest National Bank, The Woodlands

“World’s Best Banks 2023,” created in partnership with the market research firm Statista, used an online survey of more than 48,000 people in 32 countries to rate their banks on general satisfaction, trust, digital services, customer service and more. A total of 415 banks—4 percent of those that exist worldwide, based on estimates by IBISWorld—reached minimum scores to be included. To make the list, a bank had to be rated by at least 250 customers.

USAA Federal Savings Bank focuses its efforts on only a segment of the banking market: current and ex-military members and their families. With total assets of $110 billion and 9.3 million customers/members, USAA shined primarily through its excellent customer service. It has no brick-and-mortar branches; it focuses on online banking and lets customers use 100,000 different ATMs that belong to other banks at no charge. It also allows early availability for deposited paychecks and has no insufficient funds fee, both of which can be particularly valuable for military members operating on a limited budget or frequently on the move.

“USAA’s mission is to facilitate the financial security of the military community,” says Roger Wildermuth, director of public relations and corporate communications. “We do that by knowing our members better than anyone else.”

“This recognition is extremely meaningful during these uncertain times in the banking industry,” says John Allison, chairman, president and CEO of Home BancShares, the parent company of Conway, Arkansas-based Centennial Bank. “This reinforces the strength of our company, the focus our bankers have on our customers and the confidence our customers have in us. Being number 15 of the 75 banks in the country to make the list is certainly something for which we are very proud.”

Click here to learn more and see the entire list of the “World’s Best Banks 2023.”

SHARE THIS FEATURE:

Previous Oklahoma-based Valliance Bank Names McClain President in McKinney Next April 23–29, 2023

MORE News

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USV Bancorp Continues Capital Raise to Establish the First Vietnamese/American Community Bank in Houston

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2025 Five*Star Award Winners Announced by the Independent Bankers Association of Texas

VeraBank Bestows Annual CRA Scholarships Totaling $35,000 to Local High School Seniors

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

Texas Banks Touted in Forbes’ List of the ‘Best Banks in the World 2023’

May 11, 2023

Forbes has released its fifth annual list of the “World’s Best Banks,” with numerous banks headquartered and/or doing business in Texas making the cut. Of the 75 banks based in the U.S., at least 16 of them operate in the Lone Star State. San Antonio-based USAA Federal Savings Bank topped the list of U.S.-based banks. As with all Forbes lists, companies do not pay any fee to participate.

Here are the 2023 “World’s Best Banks” that operated in Texas (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks:

  • 1: USAA, San Antonio
  • 7: BancFirst, Oklahoma City, Oklahoma
  • 15: Centennial Bank, Conway, Arkansas
  • 17: Prosperity Bancshares, Houston
  • 21: Bank of Oklahoma, Tulsa, Oklahoma
  • 34: Bank OZK, Little Rock, Arkansas
  • 43: Trustmark, Jackson, Mississippi
  • 44: IBC Bank, Laredo
  • 45: Chase, New York, New York
  • 59: Regions Financial, Birmingham, Alabama
  • 63: City Bank, Lubbock
  • 65: MidFirst Bank, Oklahoma City, Oklahoma
  • 69: BancorpSouth, Tupelo, Mississippi
  • 70: Simmons Bank, Pine Bluff, Arkansas
  • 73: Woodforest National Bank, The Woodlands

“World’s Best Banks 2023,” created in partnership with the market research firm Statista, used an online survey of more than 48,000 people in 32 countries to rate their banks on general satisfaction, trust, digital services, customer service and more. A total of 415 banks—4 percent of those that exist worldwide, based on estimates by IBISWorld—reached minimum scores to be included. To make the list, a bank had to be rated by at least 250 customers.

USAA Federal Savings Bank focuses its efforts on only a segment of the banking market: current and ex-military members and their families. With total assets of $110 billion and 9.3 million customers/members, USAA shined primarily through its excellent customer service. It has no brick-and-mortar branches; it focuses on online banking and lets customers use 100,000 different ATMs that belong to other banks at no charge. It also allows early availability for deposited paychecks and has no insufficient funds fee, both of which can be particularly valuable for military members operating on a limited budget or frequently on the move.

“USAA’s mission is to facilitate the financial security of the military community,” says Roger Wildermuth, director of public relations and corporate communications. “We do that by knowing our members better than anyone else.”

“This recognition is extremely meaningful during these uncertain times in the banking industry,” says John Allison, chairman, president and CEO of Home BancShares, the parent company of Conway, Arkansas-based Centennial Bank. “This reinforces the strength of our company, the focus our bankers have on our customers and the confidence our customers have in us. Being number 15 of the 75 banks in the country to make the list is certainly something for which we are very proud.”

Click here to learn more and see the entire list of the “World’s Best Banks 2023.”

SHARE THIS FEATURE:

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USV Bancorp Continues Capital Raise to Establish the First Vietnamese/American Community Bank in Houston

Amegy Bank, Greater San Antonio Chamber of Commerce to Host Ribbon-Cutting for Convent Branch

2025 Five*Star Award Winners Announced by the Independent Bankers Association of Texas

VeraBank Bestows Annual CRA Scholarships Totaling $35,000 to Local High School Seniors

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas