Did you know that in 2014, Dallas was the 4th best city to relocate to in America? The Texas Bankers Association’s Annual Strategic Opportunities Conference in November 2016 had many topics, like this, to discuss. How could Texas bankers keep the state booming?
Dallas Was #4 Most Popular City
The government of the State of Texas has created a business friendly climate, which is one of the foundations of its popularity. In 2015, the state was ranked #1 as the most Business Friendly State. It can be difficult to track, but attracting great job-creating companies is an essential pillar for success.
When you have great paying jobs, you can attract workers. With the decline of Detroit flowing into Illinois, people are heading south to Texas for good energy jobs. They can work at exploration, drilling, rigging or refinery companies. Success has a multiplier effect.
With well-paying jobs, people can buy larger houses, pay for better landscaping and hire contractors to remodel the bathroom. Everyone wins. And, the glue that keeps it all together is the banking sector.
NexBank Keeps Dallas Working
Dallas can remain the #4 most popular destination city due to a healthy economy. NexBank President John Holt was a feature speaker for the invaluable “Reinventing Community Banking: Perspectives on Competing by Innovation” committee. By continually offering cutting-edge financial products, the Dallas Fort Worth community can thrive.
With about $5 billion in assets, NexBank is a community financial institution, which can help homeowners and local companies get the funding, they need. They don’t need to worry about a lot of paperwork, they can get loans faster than the larger international banks.
NexBank continues to upgrade its financial products, having added student loans also. By continual innovation, it can keep earning the best return on investment and keep Dallas booming!