Savings: Your Financial Cushion
Posted On: February 7, 2025 by Austin Bank in: General
Life is hectic and full of surprises, some of them being unpleasant. Whether you need a sudden car repair or face an unexpected medical bill, unforeseen expenses can tangle your finances. That’s where a savings account comes in: it’s a financial buffer against life's unexpected moments.
Where checking accounts are designed for everyday banking, savings accounts are meant to preserve funds for emergencies or short-term goals. They should serve as a financial safety net,...
Austin Bank receives regulatory approval to acquire Chasewood Bank
Posted On: January 24, 2025 by Austin Bank in: General
Jeff Austin III, Chairman of the Board of Austin Bank, Texas National Association, announced Austin Bancorp, Inc., the parent company of Austin Bank, has received regulatory approval for the bank’s acquisition of The Chasewood Bank, Houston, Texas.
The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 locations for Austin Bank.
Chairman of the Board, Jeff Austin III stated, “We are expanding our presence in Southeast...
Austin Bank Announces Agreement to Acquire Chasewood Bank
Posted On: October 16, 2024 by Austin Bank in: General
Jeff Austin III, Chairman of the Board of Austin Bank, Texas National Association, is pleased to announce Austin Bancorp, Inc., the parent company of Austin Bank, has entered into an agreement to acquire The Chasewood Bank, Houston, Texas. Chasewood serves northern Harris County with two locations and assets of approximately $88 million. Subject to regulatory approval, the merger is scheduled to close in Q1 2025.
“We welcome the opportunity to serve the customers of...
Scheduled website maintenance - 7/22/24
Posted On: July 18, 2024 by Austin Bank in: General, Tech Tip
Scheduled Website Maintenance Notice:
Attention all customers – The Austin Bank website (www.austinbank.com) will be undergoing maintenance the evening of Monday, July 22 through early morning Tuesday, July 23.
Monday evening from 7:00 p.m. to 10:00 p.m. your ability to access online banking and the mobile app may be affected.
From 10:00 p.m. Monday through 4:00 a.m. Tuesday, the entire Austin Bank website will be temporarily offline. During this...
Smishing - Protect yourself
Posted On: September 12, 2023 by Austin Bank in: General, Tech Tip
The security of our customers is a priority for Austin Bank.
We believe the more you know, the better prepared you will be to recognize and prevent fraudulent activity. A current fraud trend we want you to be aware of uses text messages tailored to resemble legitimate messages from banks.
This smishing (SMS phishing) is a fraud attack that utilizes a compelling text message to trick recipients into clicking a link and sending the attacker private information (passwords,...
A Message from Our Leadership
Posted On: March 17, 2023 by Austin Bank in: General
Austin Bank, founded in 1900, is deeply ingrained and involved in the Texas banking industry. Our bank has been resilient through many past banking crises, which means our more than 500 bankers are an experienced team. Austin Bank is proud and humbled to be a community bank in East and Southeast Texas. We take pride in our high standards and long history of being a safe and sound financial institution, working hard each day to make certain you, our customers, are provided...
Spot the Red Flags of Phishing
Posted On: November 30, 2022 by Austin Bank in: General, Tech Tip
Phishing is when you get emails, texts or calls that seem to be from companies or people you know. But, they are actually from scammers. They want you to click on a link or give personal information (like a password) so that they can steal your money or identity, and possibly get access to your computer.
Know the red flags.No matter which technique a scammer uses - fake email, text message, voice call, letter, or even someone...
Financial Planning – A Beginner’s Guide
Posted On: November 1, 2022 by Austin Bank in: General
A financial plan is a comprehensive picture of your current finances, future goals and the strategies you have set to achieve those goals. You can think of it as a roadmap. And, you can do it on your own, or work alongside a professional to help guide you.
Simple steps to help you create a financial plan: Set financial goals – Take a moment and think about what you want your future life to look like. In 5 years, what do you want it to be? How about in...Protect the Elderly from Financial Exploitation
Posted On: October 7, 2022 by Austin Bank in: General
(reposted from American Bankers Association - Protect the Elderly from Financial Exploitation | American Bankers Association (aba.com)
You, or someone you know, could become the victim of a growing crime in America — financial abuse of older Americans. Seniors are increasingly becoming targets for financial abuse. As people over 50 years old control over 70 percent of the nation's wealth, fraudsters are using new tactics to take advantage of retiring...
Saving for College
Posted On: September 2, 2022 by Austin Bank in: General
As students across our community have started back to school, thoughts may be turning to a little further down the road. What happens when that student is ready to go to college? Will they have the funds to pursue the education they desire?
Saving for college or higher education is important. It can also be something that seems intimidating or prohibitive. However, there are some key strategies you can implement now to help you along this journey.
When...