 | |
| Company type | Private |
|---|---|
| Industry | Banking Financial services Investment services |
| Founded | September 30, 1907 |
| Founder | William Lewis Moody, Jr. |
| Headquarters | , |
Number of locations | 16 branches |
Area served | Southeast Texas, Central Texas |
Key people | Robert L. Moody, Chairman Emeritus Victor Pierson, Chairman, President & CEO Craig Barker, Executive Vice President |
| Products | Finance Consumer Banking Corporate Banking Wealth Management Mortgage loans Loans Trust services |
| 11.382 million USD | |
| 11.397 million USD | |
| Total assets | $1.32 billion USD (September 30, 2018)[1] |
| Total equity | $148.2M USD |
| Owner | Moody Bancshares, Inc. |
Number of employees | 210 |
| Website | MoodyBank.com |
Moody National Bank (MNB) is a nationally chartered bank, founded in 1907, that is based in Galveston, Texas.
With assets of nearly $1.7 billion, Moody Bank is one of the oldest and largest privately owned Texas-based banks. Its trust department, established in 1927, administers over $26 billion in assets, and is the largest domiciled in the state of Texas.[2][3] The company offers a full range of commercial and consumer banking products, as well as trust and investment banking services to customers throughout Southeast Texas and Central Texas, including the Greater Houston area.[1][3]
The bank is unique in that through its trust department, it has de facto control of the American National Insurance Company (ANICO), one of the largest life and property/casualty companies in the U.S. The bank's trust department administers the Moody Foundation and the Libbie Shearn Moody Trust, which together own the majority of ANICO's shares.[4][5][6]
Moody National Bank is a wholly owned subsidiary of Moody Bancshares, Inc., a privately owned financial holding company, also based in Galveston.[6] Moody Bancshares also maintains a controlling interest in Galveston-based Hometown Bank N.A.[7]
- ^ a b "FDIC Institution Directory". Federal Deposit Insurance Corporation. Retrieved 2018-02-15.
- ^ Elder, Laura (2004-03-22). "Moody National Bank looks to expand influence". Galveston County Daily News. Galveston Newspapers Inc. Retrieved 2011-03-14.
- ^ a b "COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION" (PDF). Office of the Comptroller of Currency. 2010-04-12. Retrieved 2011-03-14.
- ^ "Ownership Summary for ANAT". NASDAQ.
- ^ "Moody Foundation 2005 Annual Report" (PDF). Moody Foundation. Archived from the original (PDF) on 2009-05-29. Retrieved 2011-03-14.
- ^ a b "Filing: American National Insurance Company Control List". Securities & Exchange Commission.
- ^ "Federal Reserve National Information Center: Moody Bancshares Ownership Structure". Federal Financial Institutions Examination Council. Retrieved 2011-03-14.