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 PlainsCapital Bank Selected as Depository Bank of Highland Park ISD

July 27, 2011—PlainsCapital Bank recently won the business of Highland Park ISD and will serve as the district’s depository bank, beginning in September. The two-year contract was awarded after Aaron Taylor, director of financial planning and analysis; Trey Pugh, vice president of treasury management; Brent Raindl, president of Preston Center and Brian Heflin, North Texas region chairman, worked diligently to prepare a proposal at the request of the district. Taylor worked with Pugh to compile service and pricing models, and Pugh put in many extra hours to prepare the complex proposal. His thorough efforts resulted in a highly competitive bid for Highland Park ISD. The district also received several positive recommendations from other PlainsCapital clients, including Texas Tech and Lubbock ISD. PlainsCapital was selected over six other institutions, including the district’s current depository bank.
“Highland Park ISD is a great fit for PlainsCapital because it reflects our commitment to serve our local communities,” said Raindl. “We’re looking forward to working with the district and the opportunities this partnership represents for the future.”
The team believes Highland Park ISD selected PlainsCapital because of the Bank’s stability and local decision-making business model, in addition to the district having direct access to a point of contact who is readily available to help with all their service needs.