Chairman and CEO Sam L. Susser recently spoke with the Dallas Business Journal about the bank’s steady growth plan and our focus on what matters to clients.
Susser Bank has been steadily ramping up its presence in major markets across Texas over the last year after laying a foundation for organic growth since it changed ownership in 2018.
The Dallas-based bank has bulked up its physical presence and workforce in Austin, San Antonio and Houston, bringing on market executives and filling out senior staff, said Chairman and CEO Sam L. Susser, who’s been leading since the bank since last summer. The bank has been upgrading technology systems, diversifying the balance sheet and raising deposits in preparation to scale, Susser said.
“Starting about a year ago, every two or three months, we’ve opened up a new market with a new team of folks and getting traction,” Susser said. “The company is growing nicely, but very consistently with the strategy set by our board. We’re just executing, and really grateful for the progress the team is making towards our goals.”
Susser Bank planted a full-service branch at The Crescent in Uptown Dallas last fall; operates a loan production office in a temporary space in Houston, but recently signed a lease for a long-term office; opened a full-service branch in San Antonio in a temporary space, but recently signed a lease for a long-term space; and has built a team in Austin, but is still seeking an office space. The bank also operates five other North Texas branches and a branch in Round Rock.
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By Catherine Leffert – Staff Writer, Dallas Business Journal
May 10, 2022
