Broadway Bank (Texas)
 | |
| Company type | Family-owned and locally operated |
|---|---|
| Industry | Banking |
| Founded | 1941 |
| Headquarters | San Antonio, Texas |
Key people | David Bohne, CEO |
| Total assets | $3.65 Billion (2018)[1] |
Number of employees | 642 (2018)[1] |
| Website | https://broadway.bank |
Broadway Bank is a community bank founded in 1941, founded by Col. Charles E. Cheever, Sr. and his wife, Elizabeth Cheever.[2] Broadway Bank has thirty-nine banking centers in San Antonio, Austin and the Texas Hill Country.
History
Founded as "Broadway National Bank of Alamo Heights", the company began in a small store front in Alamo Heights, Texas in 1941, by a military officer, Col. Charles E. Cheever, Sr., and his wife, Elizabeth Cheever.[3][4] The primary purpose was to serve military families who were migrating to the Central Texas area.[5]
In 1959, it was the first San Antonio bank to establish a mortgage lending division, and it was the first to extend its banking hours to help working families.[4] In 1984, the bank began to offer a successful Wealth Management Division.
In April 2016, Broadway Bank announced the appointment of David Bohne as its new chief executive officer. Bohne replaced longtime CEO Jim Goudge.[6]
Current operations
Broadway Bank is still owned by the Cheever family.[3] At the end of 2018, the bank had $3.65 billion in assets, with $3.15 billion in deposits, and was the third-largest bank in San Antonio.[1][7]
References
- ^ a b c "FDIC: Broadway National Bank". research.fdic.gov. Retrieved 6 April 2019.
- ^ "Broadway Family History". fbrc.broadwaybank.com. Retrieved 2016-04-14.
- ^ a b Staff of the San Antonio Express-News (19 October 2015). San Antonio: Our Story of 150 Years in the Alamo City. Trinity University Press. pp. 143–. ISBN 978-1-59534-756-5.
- ^ a b Kristen, Mosbrucker. "Broadway Bank carves niche serving family-owned businesses during 75 years as private bank". Bizjournals.com. Retrieved 23 August 2016.
- ^ Danner, Patrick. "Cheevers put their stamp on S.A." Expressnews.com. Retrieved 23 August 2016.
- ^ "Broadway Bank appoints a new CEO after Jim Goudge steps down - San Antonio Business Journal". San Antonio Business Journal. Retrieved 2016-04-14.
- ^ "San Antonio's Vantage Bank poised for merger with McAllen's Inter National Bank". San Antonio Express-News. 8 May 2018. Retrieved 6 April 2019.
