Big Spring’s newest bank, Lone Star State Bank, will be open for business Monday at 406 E. FM 700 in Suite 102, located in the building next to Cowboy’s Steakhouse.
Ron Brooks, president of the Big Spring office of Lone Star Bank, talks with bank employee Genia Andrews at the facility Tuesday.(HERALD photo/Steve Reagan)
“I am very pleased to announce the opening of Lone Star State Bank in Big Spring,” said Ron Brooks, president of the Big Spring office. “This is a very exciting opportunity for me to provide high quality, West Texas service to my customers. We are rejoining some of our banking colleagues from this area and we look forward to reuniting with our local development board members. We are West Texas owned with a West Texas flavor.”
The new bank will have a commercial focus, with state-of -the-art management services and other amenities catering to business customers. For its permanent location, the bank anticipates closing on a property on E. FM 700 within the next 30 days.
“This is a new bank, but we’re all longtime West Texas bankers and we have deep roots here,” said Alan Lackey, CEO of the bank’s holding company. “We are excited to be in Big Spring. Our most important job will be to take care of customers from Big Spring and the surrounding area.”
Other Lone Star offices are located in Lubbock and Odessa.
The bank’s holding company, Lone Star Bancshares Inc., is capitalized with $25,750,000 exclusively from West Texas investors. The Lubbock and Odessa offices opened in December 2007. Since then, Lone Star has grown to $135 million in total assets.
Big Spring personnel joining Brooks are Genia Andrews, banking officer; Jo Etta Hart, new accounts representative; and Jacque Moore, teller.
Lobby hours will be 9 a.m. to 4 p.m. Monday through Friday.
