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Bank News

SouthStar Bank Pledges up to $25k in Franklin Relief Funds

SouthStar Bank has opened an account dedicated to relief efforts for the Franklin tornado and pledges to match contributions up to $25,000. Many of the Bank’s team members reside in Franklin and have seen firsthand the tragedy of the situation. “It’s sad to see the destruction, but I’m more proud every day to live in Franklin. Everyone is coming out to help where they can,” says Franklin Branch Executive Justen Salcido. The SouthStar Bank Board of Directors, led by Chairman Paris Schindler of Houston, came together and agreed that the bank would make a contribution for the benefit of the community, and hope that the match incentive will help to raise $50,000 in relief efforts. Funds will remain within the local community to best serve those affected. If you wish to make a donation by check, it should be made out to Franklin Tornado Victims Relief. Debit or credit card donations can also be processed over the phone, please call SouthStar Bank Franklin at 979.828.4168. The following information will be required for debit or credit transactions:  Name on card, amount, card number, expiration date, billing zip code, security code, street or box #, and the donor’s email or cell phone number for purposes of sending a receipt. All 15 SouthStar Bank branches will accept donations through May 10. Locations within Robertson County include Bremond, Calvert, Franklin and Hearne. For more information, contact the SouthStar Bank Franklin Branch at 979.828.4168.

Your SBA Preferred Lending Partner

SouthStar Bank further develops small business lending division with recognition as SBA Preferred Lending Partner (PLP). Expanded expertise includes SBA 7(a), Express and 504 loan programs, all with a streamlined loan process and faster credit decisions. SouthStar Bank began offering SBA products in 1994, which was a perfect complement to the bank’s long history of community banking. Senior Vice President Alexis Michael leads SouthStar Bank’s SBA Program. Over a career spanning almost 20 years, Alexis has built a reputation as a strong leader by being friendly, knowledgeable and approachable. SouthStar Bank operates 15 full-service branches, including six Austin-area locations in Steiner Ranch, Bee Cave, Southwest Austin, Round Rock, Leander and Georgetown. Established in 1920, the bank holds over $700 million in assets and focuses on community involvement and personal relationships. Decisions are made locally, allowing the flexibility to apply common-sense standards to products, services and loan requests. In addition to residential and commercial lending, SouthStar Bank offers a full line of competitive consumer and commercial deposit products. With the latest conveniences, including online banking and mobile banking with check capture, debit card alerts and freeze capabilities, and a free worldwide Allpoint ATM network clients can easily bank on the go. “I am looking forward to the continued growth and success of our SBA program,” says Mrs. Michael, “The Preferred Partner status is a result of a stronger program with broader market presence, greater lending capabilities, and more efficient, centralized processing. But most importantly, it has enabled us to better serve our customers with a superior level of products, services and care.” Alexis Michael | Senior Vice President & Branch Executive | NMLS# 790782 512.456.0035 | alexis.michael@southstarbank.com

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