Prosperity Bancshares, Inc. is a Texas-based bank holding company that provides a broad range of banking and financial services through its subsidiary, Prosperity Bank. Headquartered in Houston, Texas, the company operates more than 200 branch offices across central, north, and southeast Texas, as well as select markets in Oklahoma and New Mexico. Prosperity Bank offers full-service banking capabilities to individuals, small businesses, and corporate clients throughout its regional footprint.
The company’s core business activities include commercial lending, consumer lending, and deposit-taking services. Prosperity Bank’s commercial portfolio addresses the financing needs of real estate developers, oil and gas producers, agricultural enterprises, and middle-market businesses. On the consumer side, the bank offers residential mortgage loans, home equity lines of credit, and a variety of deposit products such as checking, savings, and certificates of deposit. In addition, the bank provides treasury management, cash management, and electronic banking solutions designed to streamline financial operations for its corporate and municipal customers.
Founded in 1983 as Community Bancshares of Texas, the organization rebranded to Prosperity Bancshares in 1993 to reflect its growing scope and commitment to regional economic development. Over the years, Prosperity Bank has expanded its presence through a combination of de novo branch openings and strategic acquisitions, enabling it to serve a diverse clientele across multiple states. The company has cultivated a reputation for personalized customer service and deep community engagement, supporting local businesses and philanthropic initiatives in the markets it serves.
Leadership at Prosperity Bancshares includes Raymond W. Poage, who serves as Chairman and Chief Executive Officer, and Nathan R. Furr, who holds the position of President. Under their guidance, the company continues to pursue disciplined growth strategies, technology investments, and operational efficiencies. Prosperity Bancshares remains committed to delivering value to shareholders while maintaining high standards of risk management, regulatory compliance, and customer satisfaction.
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