Compelo Banking - Latest industry news and analysis is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Mutual of Omaha Bank To Open New Office In Texas

The new bank to offer a suite of banking products and services for individuals and businesses

Mutual of Omaha Bank is planning to expand its Texas presence with the opening of a full-service bank in Dallas on October, 22. The new bank will offer a suite of banking products and services for individuals and businesses.

Reportedly, Brian Oathout will serve as branch manager for the new bank office. Mr. Oathout joins Mutual of Omaha Bank from Regions Bank in Dallas, where he served as branch manager and assistant vice president.

Robert Strong, president of Mutual of Omaha Bank’s Texas market, said: “Establishing a full service bank in Dallas represents a key milestone in our strategy to expand Mutual of Omaha Bank’s presence in Texas. As a subsidiary of Mutual of Omaha, our bank is well-capitalized and uniquely positioned to grow and expand in the current economy, investing in communities like Dallas. Our approach to banking is very community-based and customer-focused, with local leadership, experienced bankers and community involvement.”