Saturday, August 30, 2008

Cullen/Frost Bankers, Inc.

Cullen/Frost Bankers, Inc. is one of the biggest banking corporations that have been operating independently for years. The corporation provides banking services through its branches of more than 100 financial hubs in Texas. These include Dallas, Rio Grande Valley, Austin, Fort Worth, Corpus Christi, and Houston. It also extends its banking and financial services to some customers in Mexico. However, its primary services are based at their main office in San Antonio, Texas. Its stock is being traded at the New York Stock Exchange.

It takes ownership of Frost National Bank through the New Galveston Company, a second-tier holding corporation. Subsidiaries are Frost Securities, Frost Insurance Agency, and Frost Brokerage Services. Frost provides international banking services, consumer deposit products and commercial loans, banking correspondence, and brokerage and trust services. Their services also finance temporary construction associated to commercial and industrial properties, inventories, accounts receivable, and equipments. The same service is also extended to financing commercial leases, home equity and real estate loans, checking accounts, ATMs or automated teller machines, facilities for safe deposits, overdraft facilities, and so forth.

Cullen/Frosts has long been assisting telecommunications, military, energy, construction, manufacturing, retail, healthcare, transportation, and other services. Since its founding in 1868, this organization has already been known for aiding the Texan community in terms of finance and other banking needs. Locals of Texas has already rest their financial worries on Cullen/Frost and only have good words for the organization. This has been their strongest character in the business of finance. And the legacy has been running for almost three centuries now.

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