- Laredo National Bank
The Laredo National Bank (LNB) [ [http://www.lnb.com/ Laredo National Bank Home Page] ] is
Texas bank founded in 1892 headquartered inLaredo, Texas . LNB has been a component in the development of business and industry along theUnited States-Mexico border andSouth Texas . The Laredo National Bank has grown to approximately $3.5 billion in assets and is the fifth largest independent bank in Texas. Headquartered in Laredo, Texas, LNB has branches in Austin, Brownsville, Corpus Christi, Dallas, Del Rio, Eagle Pass, Harlingen, Houston, McAllen, San Antonio, San Marcos, and Weslaco. Laredo National Bank owns South Texas National Bank. Since the Banco Bilbao Vizcaya Argentaria purchase, it has had plans to merge and change Laredo National Bank's name toCompass Bank . All LNB's banks and branches will change their name to Compass Bank in November 14, 2008 and is planning on cutting 170 jobs [ [http://www.lmtonline.com/articles/2008/09/25/news/doc48db80cb49bc3171522131.txt Laredo Morning Times article; 170 jobs cut] ] .BBVA
Laredo National Bank is a wholly owned subsidiary of
Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish 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 in the main Texas market.Locations
Austin, Texas 1Brownsville, Texas 2Dallas, Texas 2Corpus Christi, Texas 4/2Del Rio, Texas 3Eagle Pass, Texas 4Harlingen, Texas 1Houston, Texas 7Laredo, Texas 12/9McAllen, Texas 3San Antonio, Texas 7/1San Marcos, Texas 1/1Weslaco, Texas 1Total: 44 Branches / 13 Off-site ATMs
References
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