Southwestern National Bank

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Southwestern National Bank
TypePrivate
IndustryFinance
Founded1997
HeadquartersHouston, Texas
Key people
Mark A. Simmons (CEO), Ajit Singh (CIO)
ProductsBanking
Number of employees
110
Parent
SubsidiariesNevada National Bank
Websitewww.swnbk.com
Austin, Texas branch

Southwestern National Bank (simplified Chinese: 美南银行; traditional Chinese: 美南銀行; pinyin: Měi Nán Yínháng) is a minority-owned community bank with headquarters in Chinatown and in Greater Sharpstown in Houston, Texas.[1][2][3][4] Other Texas branches include Plano, Richardson, Austin and Sugar Land. This privately held community bank was founded on November 3, 1997.

The location of Southwestern National Bank in the south reflects one of the newest trends of Chinese American and Asian American population diffusion into areas other than the traditional regions settled by Asian Americans, such as the western United States and northeastern United States. The establishment of this bank was in accompaniment with the booming economy of the late 1990s of Chinatown, Houston and also the Telecom Corridor (Silicon Prairie) in suburban Dallas, Texas. These two trends attracted a significant number of Chinese / Asian scientists, engineers, immigrants, businessman, and real estate investors into the area.

In addition to the traditional Chinese clients, a significant number of the ethnic minority clients of Southwestern National Bank are Hoa (Chinese Vietnamese), Indian, and Vietnamese.

References[]

  1. ^ "National Bank List (P-S)." Comptroller of the Currency Administrator of National Banks of the U.S. Department of the Treasury. Retrieved on December 27, 2010. "Southwestern National Bank Houston TX"
  2. ^ "Locations." Southwestern National Bank. Retrieved on December 27, 2010. "Main Branch 6901 Corporate Drive Houston, Texas 77036."
  3. ^ "Map Major Roads." Greater Sharpstown Management District. Retrieved on August 15, 2009.
  4. ^ Rodriguez, Lori. "Opinions vary over naming the growing Asian community on Houston's southwest side." (Archive). Alternate version without Chinatown map: "DIVERSITY DEBATE / Chinatown outgrowing name / Opinions vary over naming the growing Asian community on Houston's southwest side." Houston Chronicle. Wednesday, May 9, 2007. A1.

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