News
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November 17, 2008
Green Bank Holiday Hours
Early branch closings for the 2008 holiday season
Public Statement
Houston, November 17, 2008 – In observation of the 2008 holiday season, all branches of Green Bank will close early or be closed the following dates.
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November 12, 2008
Green Bank Pushes 3Q Growth Nearly 20 Percent
Total assets reach $341 million
Press Release: FOR IMMEDIATE RELEASE
Houston, November 12, 2008 – Taking advantage of a strong capital position, a $56.7 million increase in quality loans and enhanced FDIC insurance limits, Green Bank has grown to $341 million in total assets during the third quarter of 2008. At the close of last quarter, Green Bank had $286 million in assets; one year ago, the bank had assets of $235.7 million.
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October 28, 2008
Board Mourns Passing of Member David Shindeldecker
Business, civic leader helped create Green Bank and mission
Public Statment: FOR IMMEDIATE RELEASE
Houston, Oct. 28, 2008 – The board of Green Bank is saddened by the unexpected death of fellow member David Shindeldecker, chairman, president and CEO of The Redstone Companies. Shindeldecker was a founder of Redstone Bank in 1998 which evolved into Green Bank in 2006.
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October 28, 2008
Green Bank Continues to Grow
Application for new Woodlands branch submitted
Media Advisory: FOR IMMEDIATE RELEASE
Houston, Oct. 28, 2008 – Houston-based Green Bank, N.A. has filed an application with the Comptroller of the Currency (OCC) to open a full-service branch in The Woodlands, Texas. The OCC charters, regulates and supervises national banks; the filing initiates a 30-day public comment period.
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September 11, 2008
Green Bank Pushes 2Q Loan Growth Nearly 25 Percent
Total assets cross $300 million mark as bank staff expands
FOR IMMEDIATE RELEASE
Houston, Sept. 11 – Taking advantage of good credit, a sound position and experienced bankers, Green Bank, N.A. grew total loans by 24.7 percent in the second quarter, from $179.6 million to $224.1 million. The bank’s growth is more than five times the average of other Houston-based banks.
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July 16, 2008
Green Bank—Sustainable in Every Way
Overview of the Safety and Soundness of Deposits
By John Durie
CFO, Green Bank
The last nine months have been difficult for the banking and finance industry. With nearly 2.5 million homeowners in foreclosure and analysts predicting that we’re only 60 percent through the housing crisis, many consumers are left wondering if their institution will soon be in the news.
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April 4, 2008
GEOFFREY D. GREENWADE NAMED PRESIDENT AND CHIEF EXECUTIVE OFFICER
FOR IMMEDIATE RELEASE
GREEN BANK NAMES GEOFFREY D. GREENWADE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER
HOUSTON, (April 4, 2008) — Manuel J. Mehos, Chairman of the Board of Green Bank, N. A., announced today the election of Geoffrey D. Greenwade as President and Chief Executive Officer of Green Bank. Greenwade comes to Green Bank from Wells Fargo Bank, where he served as Regional Manager of Business Banking for the Greater Houston Region.
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November 06, 2007
GLEN BELL NAMED EXECUTIVE VICE PRESIDENT, REAL ESTATE LENDING AT GREEN BANK
HOUSTON, (November 6, 2007) — Robert V. New, Jr., President & CEO of Green Bank, N.A., announced that Glen R. Bell has been named Executive Vice President & Manager of the Commercial Real Estate Group at Green Bank. Bell brings over 25 years of banking experience to Green Bank, with an extensive background in commercial and residential real estate lending. He will be responsible for the management of the real estate lending division; specifically the bank’s real estate loan and deposit portfolio along with cash management sales.
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November 06, 2007
BELINDA-LEIGH HALL NAMED EXECUTIVE VICE PRESIDENT,MANAGER RETAIL BANKING AND TREASURY MANAGEMENT AT GREEN BANK
HOUSTON, (November 6, 2007) — Robert V. New, Jr., President & CEO of Green Bank, N.A., announced today that Belinda-Leigh Hall has joined Green Bank as Executive Vice President, Manager Retail Banking and Treasury Management at Green Bank. Hall brings over 20 years of banking experience to Green Bank and will lead the bank’s retail banking and treasury management teams, focusing on the expansion of its retail and commercial customer bases.
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November 06, 2007
PHILIP “BUZZ” STAGG NAMED EXECUTIVE VICE PRESIDENT, CHIEF CREDIT OFFICER AT GREEN BANK
HOUSTON, (November 6, 2007) — Robert V. New, Jr., President & CEO of Green Bank, N.A., announced today that Philip W. “Buzz” Stagg has joined Green Bank as Executive Vice President and Chief Credit Officer. Stagg brings nearly 20 years of banking experience to Green Bank and will be responsible for assessing new credit opportunities for the bank and providing leadership in areas of risk management.
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September 14, 2007
Green Bank rolling out eco-friendly marketing footprint
To make a declaration to symbolize the mission statement of his bank, Robert New Jr. sold his car.
At the end of August, the president and CEO of Houston-based Green Bank got rid of his gas-guzzling Chevrolet Tahoe sport utility vehicle. Now he drives a Toyota Prius gasoline-electric hybrid.
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September 14, 2007
Redstone Bank Becomes Green Bank
New Bank Operates “Green;” Offers Environmentally-Friendly Banking Products and Services
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6 Feb 2007
JAY OHRT NAMED VICE PRESIDENT, COMMERCIAL LENDING AT REDSTONE BANK
HOUSTON, (February 6, 2007) — Jay Ohrt has been named Vice President of Commercial Lending at Redstone Bank. Ohrt brings 30 years of banking experience to Redstone, with an extensive background in commercial real estate lending. He will be responsible for the development of new commercial business, specifically the bank’s commercial loan and deposit portfolio along with cash management sales..
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2 Jan 2007
GREEN BANCORP COMPLETES MERGER WITH REDSTONE BANK
HOUSTON, (January 2, 2007) — Green Bancorp, Inc., a Houston-based bank holding company, announced today the consummation of its merger transaction with Redstone Bank, N.A.
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4 September 2006
New bank gets Green light with equity infusion
Greenbacks are pouring into Green Bancorp Inc., a new Houston bank holding company that has bolstered its capital base with a $20 million commitment from a private equity firm in San Francisco.
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26 July 2006
Houston Start-Up Gets an Infusion for Its Acquisition Coffers
A San Francisco private equity firm is making good on its pledge to invest in high-growth markets other than California by buying a large stake in a Texas start-up.
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20 July 2006
Belvedere Capital Forms Partnership with Green Bancorp and Redstone Bank to Acquire Texas Banks
HOUSTON, July 20 / PRNewswire/ - Belvedere Capital Fund II L.P., a financial services-focused private equity firm headquartered in San Francisco, today announced the formation of a partnership with Green Bancorp, Inc. and Redstone Bank, N.A. to acquire banks in Houston and other metropolitan Texas areas, with the goal of building one of Texas’s premium banking franchises. This announcement follows Green Bancorp’s previously announced execution of a definitive merger agreement with Redstone Bank, that will be the first step in the strategy to offer tailored customer service and a total product solution to commercial, high net worth and retail customers.
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10 July 2006
Redstone turns Green in bank merger
RedstoneBank NA agreed to be acquired this week byGreen BancorpInc. in a colorful union of privately held Houston compames.
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30 June 2006
Coastal Founder's SecondAct: Mehos' Green Ban corp LandsRed stone Deal
Manuel J. Mehos knows a thing or two about building a company through acquisitions. He founded Coastal Bancorp in Houston in 1986 and built it to nearly $3 billion of assets through a dozen acquisitions before selling to Hibernia Corp. of New Orleans in 2004 for about $230 million.
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28 June 2006
Green Bancorp inks acquisition deal for Redstone Bank
Green Bancorp, led by former Coastal Banc CEOand Chairman Manuel Mehos, on Wednesday afternoon announced the agreement to acquire Redstone Bank. Green Bancorp is a new thrift holding company founded by Mehos, its chairman and CEO. The addition of privately held Redstone will give startup Green Bancorp a sudden Houston presence.
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27 Feb 2006
Banker back for colorful encore
Green Bank sprouts as new sequel from former Coastal chief HoustonBusinessJournal February24, 2006 bYJimGIl?l?rHoustonBusinessJournal Manny Mehos is back in Houston banking and going for the green.
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