News Article

News Article

8/28/2017

PlainsCapital Bank Branches Temporarily Close in Hurricane Harvey Aftermath

All Corpus Christi and Victoria Branches Operational as of Tomorrow

Parent Company Hilltop Holdings Contributes to Relief Efforts

DALLAS, TX (Aug. 28, 2017) In the aftermath of Hurricane Harvey, Dallas-based PlainsCapital Bank announced the following Gulf Coast area branch closings for Monday, Aug. 28, 2017:

  •   Corpus Christi, Texas PlainsCapital Bank Port Avenue

  •   Victoria, Texas PlainsCapital Bank Victoria

  •   Houston, Texas PlainsCapital Bank Kirby Grove, PlainsCapital Bank Griggs

As the infrastructure in Corpus Christi improved over the weekend and it was safe for residents to move about, PlainsCapital directed customers in need of on-site banking services on Monday to its two other area locations at Shoreline and Saratoga.

PlainsCapital’s Houston branches remain closed for Tuesday. Updates on the status of the Houston market will be made available via the Bank’s website, Facebook page, Twitter feed, and customer service call center which can be reached at 866-762-8392.

“Our bank branches and ATMs provide an essential service to the communities they serve, and we have been working diligently to restore our operations in the impacted locations,” said PlainsCapital Bank President and CEO Jerry Schaffner. “We also recognize that the safety of our employees, customers, and community residents must continue to remain paramount. As we urgently address this situation, our goal is to be as responsive as we can with regard to human safety.”

PlainsCapital senior management and emergency response teams met numerous times over the weekend to assess the status and conditions of the Gulf Coast, Central, and South Texas region markets, including Corpus Christi, Victoria, Alice, Houston, Austin, San Antonio, and the lower Rio Grande Valley.

PlainsCapital Bank’s parent company, Hilltop Holdings, Inc., announced today that it has donated $50,000 to the American Red Cross on behalf of its family of companies PlainsCapital Bank, PrimeLending, HilltopSecurities, and National Lloyds Corporation to help provide disaster relief assistance to the victims of Hurricane Harvey.

“Our thoughts and prayers are with the hurricane victims,” said Hilltop Holdings Vice Chairman and Co-CEO and PlainsCapital Bank Chairman Alan B. White. “We have many employees, customers and friends who are being severely impacted by this catastrophic storm, and we pray for their safety. We are currently working to help in the recovery efforts with regard to essential services for the region to ensure that these affected communities have the financial resources they need.”

 

About PlainsCapital Bank

As of June 30, 2017, Dallas-based PlainsCapital Bank, the sixth largest Texas-headquartered bank by deposit market share, operated 62 branches with more than 1,200 employees providing highly personalized relationship banking through a single point of contact. Offering commercial lending, treasury management, private banking, and trust and wealth management services, PlainsCapital Bank empowers responsive, local decision making in each of its major markets: Austin, Corpus Christi, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. PlainsCapital Bank is a wholly owned subsidiary of Hilltop Holdings (NYSE: HTH). Find more information at PlainsCapital.com. Source: SNL Financial

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