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Broadway Bank (Texas)

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Broadway Bank
Company typeFamily-owned and locally operated
IndustryBanking
Founded1941
HeadquartersSan Antonio, Texas
Key people
David Bohne, CEO
Total assets$3.2 Billion
Number of employees
630
Websitebroadwaybank.com

Broadway Bank is a community bank founded in 1941, founded by Col. Charles E. Cheever, Sr. and his wife, Elizabeth Cheever.[1] Broadway Bank has thirty-nine banking centers in San Antonio, Austin and the hill country.

History

Broadway Bank 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. The primary purpose was to serve military families who were migrating to the Central Texas area.[2]

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.[3] 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.[4]

References

  1. ^ "Broadway Family History". fbrc.broadwaybank.com. Retrieved 2016-04-14.
  2. ^ Danner, Patrick. "Cheevers put their stamp on S.A." Expressnews.com. Retrieved 23 August 2016.
  3. ^ Kristen, Mosbrucker. "Broadway Bank carves niche serving family-owned businesses during 75 years as private bank". Bizjournals.com. Retrieved 23 August 2016.
  4. ^ "Broadway Bank appoints a new CEO after Jim Goudge steps down - San Antonio Business Journal". San Antonio Business Journal. Retrieved 2016-04-14.