The locally owned Texas Brand Bank plans the location of Bishop Arts
A corner location in the Bishop Arts District will complement Texas Brand Bank’s strategy to encircle downtown.
In addition to its original location in Garland, the bank now has branches in Uptown, The Cedars and Deep Ellum.
“We are the only bank in Deep Ellum and The Cedars,” said Bill Lowe, President and CEO. “We just think it makes sense to be where they’re not.”
The Bishop Arts neighborhood now enjoys a robust banking scene, but this is the first local bank to come to our neighborhood from Grand Bank on Colorado Blvd. was acquired by BancorpSouth in 2018.
It’s in neighborhoods like ours that Texas Brand Bank makes its money, providing loans of up to $6.3 million to builders of townhouses, condos and commercial buildings, as well as loans to small businesses.
The bank has $350 million in assets. It was founded in 2005 and the chairman of the board is Edward Tomlinson II, a lawyer also known as Bubba Tomlinson.
The Bishop Arts branch is under construction on West Davis in Madison, a reuse of the former Pier 247 restaurant, which was built in 2014 on the site of a former gas station that had been unused for many years.
The branch manager is Kessler Park resident Daniel Faulks, and the bank will have Spanish-speaking staff, including a loan officer.
Oak Cliff-based DSGN Associates Inc. is designing the renovation, which includes a 463 square foot addition. The building will include a meeting room that will be accessible to community groups at all times, regardless of bank opening hours.
“We can’t wait,” Lowe said. “We think we’re in the best little spot you could be in Bishop Arts.”
Texas Brand Bank’s Bishop Arts site could open as early as March.