Green Bank Opens Doors in Big D

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Green Bank Opens Doors in Big D

Green Bank Completes Deal for Dallas Banking Office;
Former La Jolla bank opens today under a new color

Houston, TX, November 1–Green Bank, N.A., has completed the acquisition of the Dallas branch of La Jolla Bank from OneWest Bank, FSB.  In February, California-based La Jolla Bank, FSB was closed by the Office of Thrift Supervision and the FDIC was appointed as its receiver.  The deposits and certain assets of La Jolla Bank were then assumed by OneWest Bank, FSB, of Pasadena, Ca.   In July,  OneWest Bank and Green Bank entered into a sales agreement and the regulatory approval process started.

The bank’s staff, location and business hours remain unchanged-- 4029 Northwest Parkway; Dallas, TX 75225; Monday – Thursday, 9 am to 4 pm; open Friday to 5 pm.  The phone number will change to (972) 528-6720.

“Along with the preparing to open a private banking office, Green Bank has been building a Dallas commercial lending division,” said Bart Bearden, Dallas market president.  “With the rebranding complete, we’re a full service bank that can meet multiple needs across the market.  We are focused on serving the former OneWest clients, grow private banking operations and increase mortgage lending.  Concurrently, commercial operations are expanding with loans, lines of credit and owner-occupied real estate loans in the $1 to $15 million dollar range.”

Over the last few weeks, the accounts of the former OneWest clients were readied for the transfer to Green Bank.  In addition to a simplified account structure, Green Bank offers no-cost online banking and no-fee ATM withdraws.

“We focused on communications to keep everyone connected during the transition.  Beside mailers, we talked about the changes with clients when they came to our office,” said Thomas Ellsworth, branch manager.  “It went smoothly—account choices changed, new debit cards were issued and balances transferred.”

About Green Bank
Green Bank, N.A. is a wholly owned subsidiary of Green Bancorp, Inc.  Headquartered in Houston, the bank focuses on the commercial and private banking needs of middle market businesses and individuals with innovative products and attention. 

Green Bank is committed to streamlining processes, preserving resources and performing to a higher standard.  Green Bank employees are empowered to work toward long-term goals and make sound lending and investment decisions.

Green Bank, N.A. is a federally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.  www.greenbank.com 

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