On the left is Marcelo Mills, and on the right is Fanon Meader. [Photos: ANBTX]
American National Bank of Texas (ANBTX), one of the oldest and largest independent banks in the state, announced it will open a new loan production office in South Dallas this fall as part of an ongoing effort to strengthen its presence in the community.
Founded in 1875 and with more than $6 billion in assets, ANBTX’s new office at 820 Exposition Ave. will serve as the home for the bank’s emerging markets team and play a key role in its commitment to the region.
Marcelo Mills, president of emerging markets at ANBTX, said the bank is “committed to building lasting relationships with the hard-working businesses, entrepreneurs and residents of South Dallas.”
The South Dallas branch will offer a variety of lending services, including business and commercial loans, and will serve as the central hub for ANBTX’s community engagement team. Additionally, South Dallas’ dedicated mortgage lenders will help residents access affordable housing options throughout ANBTX’s North Texas region, including minority-majority areas in southern Dallas County.
“The new loan production office will strengthen ANBTX’s collaboration with local partners and organizations as we work together to promote the revitalization of this important community,” Mills said in a statement.
Fanon Meader, ANBTX’s community development director, will lead the bank’s efforts to deepen community engagement and foster partnerships with organizations working to revitalize neighborhoods.
The South Dallas office is the latest example of how ANBTX continues to create banking opportunities in the southern sector. According to ANBTX, other key initiatives include:
- Investing more than $3.1 million through the Ignite Home Loan program, which aims to create an affordable pathway to homeownership, ANBTX has originated 205 Ignite Home Loans since the program launched in January 2023.
- To support long-term revitalization efforts, we have donated more than $545,000 to more than 20 community organizations, including Builders of Hope Community Development Corporation’s Homebuyers Resource Center at the Shops at RedBird.
- The company is expanding its popular homebuyer education series to include seminars at Cornerstone Baptist Church, South Side on Lamar and Mill City 50, a housing development in East Dallas’ Mill City neighborhood.
The bank said the new space will also host a variety of community education programs offered free of charge by ANBTX, including seminars for small businesses and homebuyers. An instructor-led homebuyer course will specifically guide participants through the home buying and ownership process.
ANBTX President and CEO Robert Halsey said the South Dallas Loan Production office is “the bank’s next step in addressing the community’s most pressing needs.” He added that the new office, coupled with the bank’s Ignite Home Loan program and popular small business and homebuyer education seminars, demonstrates “ANBTX’s commitment to providing residents and businesses with the tools they need to strengthen themselves and their communities.”
To celebrate the opening of its South Dallas Lawn Production office, ANBTX will host a grand opening event in November.
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