Broadway Bank (Texas)
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Broadway Bank is a community bank founded in 1941, founded by Col. Charles E. Cheever Sr. and his wife, Elizabeth Cheever. Broadway Bank has thirty-nine banking centers in San Antonio, Austin and the
Texas Hill Country The Texas Hill Country is a geographic region of Central and South Texas, forming the southeast part of the Edwards Plateau. Given its location, climate, terrain, and vegetation, the Hill Country can be considered the border between the Ameri ...
.


History

Founded as "Broadway National Bank of Alamo Heights", the company began in a small store front in
Alamo Heights Alamo Heights is an incorporated city that is surrounded by the city of San Antonio in Bexar County in the U.S. state of Texas. At the time of the 2020 census, the population of Alamo Heights was 7,357. It is part of the Greater San Antonio metrop ...
, Texas in 1941, by a military officer, Col. Charles E. Cheever Sr., and his wife, Elizabeth Cheever. The primary purpose was to serve military families who were migrating to the
Central Texas Central Texas is a region in the U.S. state of Texas surrounding Austin and roughly bordered by San Saba to Bryan and San Marcos to Hillsboro. Central Texas overlaps with and includes part of the Texas Hill Country and corresponds to a ph ...
area. In 1959, it was the first San Antonio bank to establish a mortgage lending division, and it was the first to extend its banking hours to help working families. In 1984, the bank began to offer a successful Wealth Management Division. In April 2016, Broadway Bank announced the appointment of David Bohne as its new chief executive officer. Bohne replaced longtime CEO Jim Goudge.


Current operations

Broadway Bank is still owned by the Cheever family. At the end of 2018, the bank had $3.65 billion in assets, with $3.15 billion in deposits, and was the third-largest bank in San Antonio.


References


External links

* {{Authority control Banks based in Texas Banks established in 1941 Companies based in San Antonio