Texas Savings Bank, s.s.b. is a state chartered savings bank that has served the Snyder market since 1957. As of May 31, Texas Savings Bank had total assets of $73 million.
"Texas Savings Bank has a long and proud legacy in Snyder," said Mike Van Meter, President & CEO of Texas Savings Bank. "We have been helping the citizens of Snyder finance their homes for more than 50 years. FirstBank & Trust incorporates the same core values that we do and we are honored to partner with them in this merger."
FirstBank & Trust CEO, Barry Orr stated, "Texas Savings Bank is a perfect fit for us as we pursue our goal to provide financial services to all of West Texas. We are thrilled to be a part of the Snyder community and look forward to rolling up our sleeves and getting to work in that market."
FirstBank & Trust is a full-service commercial bank offering customized products and services to businesses and consumers by offering innovative checking account products, state-of-the-art technological solutions and a focus on unsurpassed and unexpected customer service.
FirstBank & Trust has total assets of $650 Million and is headquartered in Lubbock, Texas. Texas Savings Bank customers will have access to FirstBank & Trust's trademarked checking account, CashBack CheckingTM as well as access to thousands of ATMs nationwide, a mobile app rated 5 stars by iTunes®users and an online banking product that includes BillPay, Personal Financial Management, and mobile check deposit.
Orr added, "We look forward to working with Texas Savings Bank to ensure a smooth transition for both customers and employees. With our hometown values and advanced technology, we believe the merger of FirstBank &Trust and Texas Savings Bank is a natural fit that will provide a lot of new opportunities for the community."
FirstBank & Trust
9816 Slide Rd.
Lubbock, TX 79424
Texas Savings Bank
4500 College Avenue
Snyder, TX 79549
(Press release from First Bank & Trust)