The Year of 2017 might be all about “Reinvention.” The country will seek to reinvent itself and Texas bankers might be focused on “Reinventing Community Banking: Perspectives on Competing by Innovation.” This was the theme for the “Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference in New Orleans, Louisiana.”
“Building on Hot Texas Market”
The Year of 2016 was a very good year for the North Texas real estate market. The bankers hope to increase the housing supply because it remains far below the national average. The Dallas market only had about 2 month’s supply, while the national average is about 6 month’s supply.
This hot summer housing market set record sales. Now, the industry wants to expand that into 2017. Perhaps, reinventing community banking is the answer.
“Reinventing Community Banking”
During the “Texas Annual Strategic Opportunities Conference Speakers Plan for 2017,” the CEO of NexBank John Holt talked about the new opportunities. Technology is one of the ways in which housing can improve.
NexBank has the perfect mix of financial products for both consumers and businesses. They can help the Texas market continue to extend its 2016 boom into 2017. Mr. Holt’s shared his view on the Banker Panel discussion on November 7, 2016. Now, the bankers can cooperate in achieving their goals.