NexBank’s Mary Pirrello was announced the President of the Texas Mortgage Bankers Association for the 2016-2017 term. Her background of twenty years in the mortgage industry and serving on the Texas Mortgage Banks Association (TMBA) since 2007 has proved worthwhile for this achievement. Mary Pirrello is the Senior Vice President of National Warehouse Lending at NexBank. The TMBA works for its members to progress the mortgage and real estate business in Texas.
NexBank is a financial services company that deals with commercial banking, mortgage lending and advisory solutions to corporations and individuals. They have been a leader in the banking industry since 1922, providing solutions to clients for all types of needs. NexBank currently has approximately 4.0 billion dollars in assets.
NexBank has been doing well in the banking industry. For the fourth consecutive year, they have demonstrated growth in earnings, assets, loans and deposits. John Holt is the President and Chief Operating Executive of NexBank Capital Inc. He is proud of that fact that they have grown steadily and managed the risk associated with the banking industry. NexBank continues to grow and acquired College Savings Bank in November of 2015. This will allow them to position themselves for the future long-term funding strategy. The focus remains on the institutional base and growth of business in the United States.