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Most people have no idea the risk business builders take," says Texas Security Bank CEO and Co-Founder Craig Scheef, who is inspired by working with entrepreneurs and owner-managed businesses. His team reengineered the bank's processes to help customers with "lifeline loans" in 2020. Now they're continuing to process the next round of PPP application and forgiveness.
Drew Keith, CFO/EVP of Texas Security Bank, talks with StrategicCFO360 about preserving flexibility, assessing risk after the pandemic and techniques for managing remote teams.
Texas Security Bank featured in D Magazine Faces of Banking. As a bank founded by entrepreneurs, for entrepreneurs, Texas Security Bank (TSB) has redefined what it means to be a community bank and business partner since 2008.
The first seven weeks of the second round of the Payment Protection Program show some familiar financial institutions taking the top spots in dollars loaned. Leaders from Texas Security Bank said PPP was core to their duty as financial institutions that serve North Texas. “(PPP) really accentuates the need for community banks,” said chairman and CEO of Texas Security Bank Craig Scheef in January. “Community banks are designed to basically go into an economic area that they're responsible for, and really provide leverage to the success of those businesses. So they know their market really well.” Texas Security bank was ranked sixth in the top Ten with $91,918,827 to date.
Texas Security Bank proudly announces earning a Silver Stevie ® Award in the Sales & Customer Service category in the 15th annual Stevie Awards. The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals.
Drew Keith, Executive Vice President/CFO/COO, at Texas Security Bank was named as a finalist by D CEO Magazine for its Financial Executive Awards program. This program is presented in partnership with the Dallas CPA Society, Financial Executives International, and the Association for Corporate Growth.
Texas Security Bank Founder and CEO, Craig Scheef, was selected as a finalist by D CEO Magazine and Dallas Innovates for the second annual Innovation Award for the Finance category. The program honors companies, CEOs, CIOs, CTOs, entrepreneurs, and other leaders driving innovation in North Texas. Craig discusses the reengineering of the bank’s processes that were necessary to fund 944 PPP loans representing $245,918,333 and the lessons learned from that.
The second round of PPP loans are kicking off. Community Banks are very important to helping entrepreneurs navigate this process through their hands on approach. Texas Security Bank is poised from their experience with the first draw to be a key resource for local business owners. Texas Security Bank did more than $221 million of first draw PPP loans.
Texas Security bank discusses increased cyber security protection through their partnerships with several key vendors protecting the bank’s systems, networks, and programs from digital attacks. Keeping the bank and their customers secure is a key focus and has a huge impact on successful operations for both the bank and their customers.
As the founder and CEO of a bank, Craig Scheef sees his role as a financial services provider and a member of a community of entrepreneurs. And the pandemic has allowed him to use his position to help other business owners during the crisis.
Texas Security Bank works seamlessly with small businesses. The pandemic allowed the Bank to demonstrate its commitment and partnership to business owners throughout the PPP process. Many banks talk about their superior customer service, but the pandemic allowed Texas Security Bank to prove that it is truly a differentiator for their business. The Bank’s true partnership with business owners, paired with its forward-thinking innovation and tools, makes it an example for community banks around the world.
Even in challenging times, we stay on course. We reach deep, and we find new resolve.
Texas Security Bank announces the promotion of Shon Cass to Market President of their Northeast Region covering Garland, Rowlett, Rockwall and Mesquite. As a Founder and Senior Vice President, Shon has contributed to Texas Security Bank’s growth and success from day one. Shon and CEO Craig Scheef opened the Garland location in 2011.
For some — reaching the peak is not enough. There is always the drive to achieve more. To soar to new levels.
Independent bank performance analytics company Banker's Caddy named Texas Security Bank, also proudly independent, as number 49 in the list of top performing bank in the country. How significant is that? No other Dallas metroplex bank was ranked even in the top 100 U.S. banks.
Scheef to receive distinguished alumni award at ECU’s evening of honors and recognition on Friday, May 11, 2018.
Our “Mission Statement” and “Core Values” are the fuel for our success. Texas Security Bank was built on the belief that helping business owners and operators succeed is the only way to do business. That’s why every decision we make, every product and service we offer, every client interaction we have, reﬂects that belief.
A Decade of Elevating the Champions of Free Enterprise.
14 Red Flags for Elder Financial Abuse
Elevating the Champions of Free Enterprise.
Award-winning strength and growth: these are the words that summarize the successful year Texas Security Bank had in 2015.
Dallas-based Texas Security Bank ranked #1 in North Texas and #5 in the nation out of the 6,998 federally insured banks. With its inclusion on this year’s list, Texas Security is one of only 49 banks to make the list two years consecutively.
Bank comparison site DepositAccounts release its 2015 list of the Top 200 Healthiest Banks/Credit Unions in America, and 13 North Texas locations made the rankings. Texas Security Bank in Dallas came in at No. 5 on the Healthiest Banks list, the highest from North Texas.
Texas Security Bank today announced the opening of the bank’s second location on July 5, 2011. This 3,500 square foot branch includes a drive-through and night-drop facilities, and is located at 101 North Garland Avenue in Garland, Texas
A startup bank near the banks of the Trinity River in Dallas has finished money-raising efforts and opened for business on May 5. It is focusing on business customers on both sides of the Trinity River in Dallas. The bank aims to target independent business owners operating in the design district, nearby industrial areas and Oak Cliff.
Dallas-based de novo Texas Trinity Bank has its sights set on a primarily commercial and industrial business area west of the city’s central business district, which the organizers view as underserved by competitor branches.
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Elevating the Champions of Free Enterprise