Wallis Bank Market Research Report
Company Overview
Name
- Wallis Bank
Mission
- Provide financial services that are unsurpassed in customer satisfaction. Serve communities with integrity, pride, and professionalism.
Founded
- 1906
Founders
- No information is available
Key People
- CEO: No information is available
- President: No information is available
- Chief Information Officer: Faizel Dakri
Headquarters
- Houston, Texas
Number of Employees
- No information is available
Revenue
- No information is available
Known For
- Surviving significant economic events including the Great Depression, both World Wars, and the recent Great Recession without taking any government assistance.
- Full-service community bank serving a range of customers from the smallest rural customers to the largest international customers.
Products
Business Banking
- Services: Business checking, commercial and real estate loans, online services such as remote deposit and positive pay.
- Key Features: Quick response, personal service, and ability to cater to both small and large business needs.
Lending Services
- Services: Personal, auto, commercial, real estate, and SBA loans; international banking.
- Key Features: Wide range of loan products, commitment to supporting small businesses.
Personal Banking
- Services: Checking and savings accounts, personal and auto loans, online banking, and bill pay services.
- Key Features: Flexible and convenient banking options designed to meet the needs of personal banking customers.
Wallis 360
- Description: A suite of services designed to help businesses manage their banking needs remotely.
- Key Features: Time and money saving options for businesses, including digital banking tools.
Visa® Credit Cards
- Description: Credit cards tailored to offer great rates and benefits based on creditworthiness.
- Key Features: Competitive rates and benefits aligned with customers' credit scores.
Recent Developments
2024
- June 4: Named the #1 SBA Lender in Houston and among the Top 3 Best Performing Banks Nationally.
- March 13: Announced the opening of a new full-service branch in Sugar Land, Texas.
- September 14: Announced the opening of a second location in the metro Atlanta region.
2023
- June 29: Celebrated achievements for the first half of the year.
2022
- September 22: Opened a second San Antonio branch.
- June 1: Opened a Loan Production Office in Arizona.
- April 25: Started construction on a new San Antonio branch.
2021
- September 28: Received a top performance ranking from CB Resource, Inc. and Financial Management Consulting Group.
- July 26: Named a top loan producer by Independent Banker.
- May 19: Ranked 13th in Independent Banker's Best of the Best list.
- April 28: Volunteered at Kids' Meals, Inc. to help food-insecure children in Houston.
- January 27: Celebrated 115th anniversary and reflected on 2020 achievements.
2020
- December 2: Surpassed monthly goal for SBA 7(a) loans, leading in the Houston district.
- October 5: Participated in ABA’s #BanksNeverAskThat anti-phishing campaign.
- September 28: Sponsored dictionaries for 3rd-grade students in Spring Branch ISD.
- August 31: Provided innovative banking solutions with Wallis 360.
- August 3: Delivered convenient digital banking benefits during the pandemic.
- May 29: Provided $347.5 million in PPP loans for over 3,500 small businesses impacted by COVID-19.
- March 25: Opened a new branch in Cerritos, California.
Previous Years
- Wallis Bank expanded significantly, opening multiple branches in Texas, Georgia, and California, and receiving numerous accolades for its performance and community service efforts.
Conclusion
This detailed market research report outlines the key aspects, products, and recent developments of Wallis Bank, showcasing its commitment to providing exceptional banking services and supporting community growth.
