Global Information Lookup Global Information

Moody National Bank information


Moody National Bank
Company typePrivate
IndustryBanking
Financial services
Investment services
FoundedSeptember 30, 1907
FounderWilliam Lewis Moody, Jr.
Headquarters
Galveston, Texas
,
U.S.
Number of locations
16 branches
Area served
Southeast Texas, Central Texas
Key people
Robert L. Moody, Chairman Emeritus
Victor Pierson, Chairman, President & CEO
Craig Barker, Executive Vice President
ProductsFinance
Consumer Banking
Corporate Banking
Wealth Management
Mortgage loans
Loans
Trust services
Operating income
11.382 million USD
Net income
11.397 million USD
Total assets$1.32 billion USD (September 30, 2018)[1]
Total equity$148.2M USD
OwnerMoody Bancshares, Inc.
Number of employees
210
WebsiteMoodyBank.com

Moody National Bank (MNB) is a nationally chartered bank, founded in 1907, that is based in Galveston, Texas.

With assets of nearly $1 billion, Moody Bank is one of the oldest and largest privately owned Texas-based banks. Its trust department, established in 1927, administers over $26 billion in assets, and is the largest domiciled in the state of Texas.[2][3] The company offers a full range of commercial and consumer banking products, as well as trust and investment banking services to customers throughout Southeast Texas and Central Texas, including the Greater Houston area.[1][3]

The bank is unique in that through its trust department, it has de facto control of the American National Insurance Company (ANICO), one of the largest life and property/casualty companies in the U.S. The bank's trust department administers the Moody Foundation and the Libbie Shearn Moody Trust, which together own the majority of ANICO's shares.[4][5][6]

Moody National Bank is a wholly owned subsidiary of Moody Bancshares, Inc., a privately owned financial holding company, also based in Galveston.[6] Moody Bancshares also maintains a controlling interest in Galveston-based Hometown Bank N.A.[7]

  1. ^ a b "FDIC Institution Directory". Federal Deposit Insurance Corporation. Retrieved 2018-02-15.
  2. ^ Elder, Laura (2004-03-22). "Moody National Bank looks to expand influence". Galveston County Daily News. Galveston Newspapers Inc. Retrieved 2011-03-14.
  3. ^ a b "COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION" (PDF). Office of the Comptroller of Currency. 2010-04-12. Retrieved 2011-03-14.
  4. ^ "Ownership Summary for ANAT". NASDAQ.
  5. ^ "Moody Foundation 2005 Annual Report" (PDF). Moody Foundation. Archived from the original (PDF) on 2009-05-29. Retrieved 2011-03-14.
  6. ^ a b "Filing: American National Insurance Company Control List". Securities & Exchange Commission.
  7. ^ "Federal Reserve National Information Center: Moody Bancshares Ownership Structure". Federal Financial Institutions Examination Council. Retrieved 2011-03-14.

and 20 Related for: Moody National Bank information

Request time (Page generated in 0.9373 seconds.)

Moody National Bank

Last Update:

Moody National Bank (MNB) is a nationally chartered bank, founded in 1907, that is based in Galveston, Texas. With assets of nearly $1 billion, Moody...

Word Count : 691

American National Insurance Company

Last Update:

of Galveston Galveston, Texas Moody Foundation Moody Gardens Moody National Bank National Western Life "American National Insurance Company - Form-10K"...

Word Count : 396

Mary Moody Northen

Last Update:

Victorian Condo Hotel. She was also named chairman of the board for the Moody National Bank. Northen continued to maintain control over the family's companies...

Word Count : 600

Moody Foundation

Last Update:

Foundation and the Libbie Shearn Moody Trust. The trust department of the Moody National Bank administers the finances of both the Foundation and the Trust. The...

Word Count : 1254

City National Bank

Last Update:

City National Bank (Galveston, Texas), which has also housed Moody National Bank and the Galveston County Historical Museum City National Bank Building...

Word Count : 264

List of Texas companies

Last Update:

Houston Ship Channel Chevron offices in Houston Comerica Bank Tower in downtown Dallas The Frost Bank Tower in Austin, Texas List of companies in Dallas List...

Word Count : 271

National Bank of Fujairah

Last Update:

Shari’a-compliant services. The bank is rated Baa1/Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+/A-2 by Standard & Poor’s...

Word Count : 458

National Bank of Canada

Last Update:

The National Bank of Canada (French: Banque Nationale du Canada) is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and...

Word Count : 1178

Collapse of Silicon Valley Bank

Last Update:

JPMorgan Chase and Bank of America turned down opportunities to acquire the bank. Despite the steps taken by the bank, Moody's downgraded SVB on March...

Word Count : 10935

1900 Galveston hurricane

Last Update:

Powell, James (December 2005). "A History of the Canadian Dollar" (PDF). Bank of Canada. p. 97. Retrieved December 30, 2018. Frank, p. 130. "Ship-based...

Word Count : 12795

MNB

Last Update:

Mongolia Moody National Bank, a bank in Galveston, Texas Belgian National Movement, a World War II Belgian Resistance group Hungarian National Bank (Magyar...

Word Count : 113

National Bank of Uzbekistan

Last Update:

National Bank of the Republic of Uzbekistan for Foreign Economic Activity' Joint Stock Company (Uzbek National Bank or NBU RUz) (uzbek - O‘zbekiston Respublikasi...

Word Count : 200

OCBC Bank

Last Update:

second largest bank in Southeast Asia by assets. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA− rating...

Word Count : 3177

Yes Bank

Last Update:

"Moody's upgrades Yes Bank to B3 following equity capital raising; outlook stable". Moodys.com. 3 August 2020. Retrieved 8 November 2021. "Yes Bank Limited"...

Word Count : 3279

United Bank of India

Last Update:

an associate of Moody's Investor Service. United Bank of India's reported NPA of 10.82% is the highest in percentage among listed banks in India. ATM with...

Word Count : 922

Santander Bank

Last Update:

being downgraded by Moody's in September 2008. On January 30, 2009, Banco Santander completed its acquisition of Sovereign Bank, for about $2.51 per...

Word Count : 1088

HDFC Bank

Last Update:

largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. The Reserve Bank of India (RBI) has identified...

Word Count : 3318

State Bank of India

Last Update:

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI...

Word Count : 3679

Islamic Development Bank

Last Update:

countries. The Bank has received credit ratings of AAA from Standard & Poor's, Moody's, and Fitch. Saudi Arabia holds about one quarter of the bank's paid up...

Word Count : 887

Scotiabank

Last Update:

National Housing Act, the Bank of Nova Scotia created a mortgage department in 1954. Further changes to the Bank Act of 1954 in 1958 led to the bank introducing...

Word Count : 5147

PDF Search Engine © AllGlobal.net