Western National Bank
Western National Bank (WNB) was an individually and privately owned bank that was chartered in 1977 in Odessa, Texas.
 | |
| Type | Private |
|---|---|
| Industry | Banking Financial services Investment services through WNB Private Client Services |
| Founded | 1977 |
| Defunct | June 20, 2014 |
| Fate | Merged with Frost Bank |
| Headquarters | , |
Number of locations | 8 branches |
Area served | Odessa, TX, Midland, TX, San Antonio, TX |
Key people | |
| Products | Finance Consumer banking Corporate banking Wealth management Loans |
| Total assets | $1.1 billionUSD (March 31, 2011) Equity capital $92.1 million USD |
| Owner | WNB Bancshares, Inc. |
Number of employees | 170 |
History
Western National Bank was chartered in 1977 and among the charter members were the Wood family. During the great oil bust of the 1980s, the Wood family saw the need for money to be invested in the bank and bought out the other investors. Western National Bank was one of the few banks that was established during that time and operated under the same name until it merged with Frost Bank.[1]
On June 20, 2014, Western National Bank was absorbed by Frost Bank. All seven Midland/Odessa branches became Frost Bank offices, and the San Antonio Western National Bank branch was closed.[2]
References
- "Western National Bank: Serving the Basin since disco days". Retrieved 2015-05-08.
- "Frost Bank Brings Western National Bank Into The Fold". Retrieved 2015-05-08.
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