Texas National Bank in Sweetwater is planning to introduce a digital bank for bankers.
The $170 million-asset bank plans to pilot Bankers Lender in April, according to an articlein Bankers Digest.
The initial offerings will include secured and unsecured revolving lines of credit, secured and unsecured closed-end loans and demand deposit accounts.
“Bankers are no different from anyone else when it comes to consumer preferences,” Mike Fernandez, Texas National’s president and CEO, said in the article. “Everyone is looking for a low-cost and convenient way to transact, and when it comes to banking, bankers want to work with someone they can come to know and trust.”
Bankers Lender plans to add more products over time.
Texas National consulted with the founders of Bankers Helping Bankers, a bankers-only platform for collaboration and education.