.jpg) | |
| Company type | foundation = 1892 |
|---|---|
| Industry | Finance and Insurance |
| Headquarters | Laredo, Texas |
| Products | BankingInvestmentsInsurance |
| Revenue | $3.5 billionUSD (FY 2006)prior to merger |
| Website | www.lnb.com |
TheLaredo National Bank (LNB)[1] was aTexas bank founded in 1892 headquartered inLaredo, Texas which was bought byBanco Bilbao Vizcaya Argentaria. LNB had been a component in the development of business and industry along theUnited States-Mexico border andSouth Texas. The Laredo National Bank had grown to approximately $3.5 billion in assets and was the fifth largest independent bank in Texas. Headquartered in Laredo, Texas, LNB had branches inAustin,Brownsville,Corpus Christi,Dallas,Del Rio,Eagle Pass,Harlingen,Houston,McAllen,San Antonio,San Marcos, andWeslaco. Laredo National Bank owned South Texas National Bank. Laredo National Bank's branches and headquarters names have been changed toCompass Bank on November 14, 2008 due to a merger between Laredo National Bank Compass and BBVA. BBVA Compass plans on cutting 170 jobs and eliminating the Laredo National Bank headquarters.[2]
Laredo National Bank was a wholly owned subsidiary ofBanco Bilbao Vizcaya Argentaria (BBVA), a multinationalSpanish banking group. BBVA has a major presence in the main Texas market and principal cities with Laredo National Bank, Texas State Bank, and State National all of which were merged and had their names changed to BBVA Compass Bank.
Austin, Texas 1
Brownsville, Texas 2
Dallas, Texas 2
Corpus Christi, Texas 4/2
Del Rio, Texas 3
Eagle Pass, Texas 4
Harlingen, Texas 1
Houston, Texas 7
Laredo, Texas 12/9
McAllen, Texas 3
San Antonio, Texas 7/1
San Marcos, Texas 1/1
Weslaco, Texas 1
Total: 44 Branches / 13 Off-site ATMs
27°30′18″N99°30′18″W / 27.5051°N 99.5049°W /27.5051; -99.5049
Nicknames:Gateway City,City Under Seven Flags,City of Saints and Generals | |||||||||
| Attractions | |||||||||
| Sports | |||||||||
| Business | |||||||||
| History | |||||||||
| Geography | |||||||||
| Education |
| ||||||||
| Mass media |
| ||||||||
| Transportation |
| ||||||||
| Neighborhoods | |||||||||
