Our Story

At PlainsCapital, we’ve always had a trailblazing spirit. PlainsCapital was founded in 1988 by former Hilltop Holdings Vice Chairman and Co-CEO Alan White and a group of investors who raised the capital to acquire Plains National Bank, a Lubbock financial institution with one branch and $198.8 million in assets. Alan, who retired in 2019, partnered with a team of young bankers who dreamed of bringing relationship banking to Lubbock, and they began to grow the bank one relationship at a time.

Thirty-five years later, PlainsCapital Bank is the sixth-largest bank in Texas based on deposit market share¹. We have a statewide presence with more than 60 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, San Antonio, and the Rio Grande Valley.

Under the leadership of President and Chief Executive Officer Jerry L. Schaffner, we are a strong and stable financial institution and a trusted community partner. We take pride in helping our customers blaze trails of their own, whether launching or expanding a business, raising a family, or moving into retirement. Our diverse range of services include commercial banking, treasury management, private banking, and wealth management, as well as consumer banking.

¹SNL Financial