Houston Start-Up Will Focus on Small Businesses
Fajt, Marissa, American Banker
Austin -- They didn't have signs. They didn't have tellers. Mark Reiley and John Green didn't even have a land line for their phones when they opened a new Houston branch for NewFirst Bank of El Campo, Tex., in September 2003.
But what the Houston bankers did have were strong connections in the business community, and by February 2006 the branch they had started with one assistant had accumulated assets of $35 million.
That experience inspired them to set out on a new challenge. They left NewFirst in February and last month filed an application with the Office of the Comptroller of Currency to start Icon Bank of Texas. If the application is approved, Mr. Reiley and …
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Publication information: Article title: Houston Start-Up Will Focus on Small Businesses. Contributors: Fajt, Marissa - Author. Magazine title: American Banker. Volume: 171. Issue: 78 Publication date: April 25, 2006. Page number: 3. © 2009 SourceMedia, Inc. COPYRIGHT 2006 Gale Group.
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