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New locally-owned bank to open in early 2012 in Rockwall

ROCKWALL – A new, full-service, locally-owned bank will open in early 2012 in Rockwall with former American National Bank Vice President and Rockwall Chamber of Commerce Board Member Kevin Fowler as its president.

Victory Bank, owned by local investor group Rockwall Bancshares, Inc., will be located at 2255 Ridge Rd, in the current Citibank building. Rockwall Bancshares, Inc. was formed by a group of veteran Rockwall-based banking leaders, business executives and investors.

Fowler said the experienced leadership team at Victory Bank will strive to replace the impersonal banking experience many people receive with a warm, welcoming environment where bankers truly know and understand their customers.

“We know that community banks truly are the backbone to local economies not only by providing capital to job-creating small-and-mid-sized businesses, but also by offering strong active leadership and trusted counsel,” said Fowler.

“Victory Bank will be managed by professionals who genuinely care about the financial success and well-being of local individuals and businesses. That’s the way banking used to be done, and it’s the way banking should be done.”

Local attorney and Rockwall Bancshares Treasurer Bill Houser says their investor group is confident that Rockwall needs a bank like Victory which will offer high-quality personalized service.

“I know firsthand from my own business and my work with clients that Rockwall needs a bank that offers high-quality, personalized service from truly experienced bankers,” said Bill Houser, Partner at Jordan, Houser & Flournoy, LLP, and Secretary and Treasurer of Rockwall Bancshares, Inc.

“I’m confident Victory Bank will not only succeed, but will have a positive impact on the Rockwall area for years to come.”

A news release from Victory Bank stated that it will quickly become a regional bank, as well, because it intends to purchase the First National Bank of Chillicothe, based in Chillicothe, TX – near the Oklahoma border – for an undisclosed amount.

“The First National Bank of Chillicothe has approximately $46 million in assets and two locations, one in Chillicothe, Texas, and one in Quannah, Texas. After closing the transaction, the new holding company’s corporate headquarters will be in Rockwall. The management team at the First National Bank of Chillicothe will be retained and day-to-day-operations will remain unchanged.”

Victory Bank will offer services from personal checking accounts to small business loans.  For more information, call 972-772-2600.

By J.J. Smith

 

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