Broadway Bank announced the opening of its thirty-seventh and thirty-eighth full-service banking centers located in the south Austin market area.  The two new full-service banking centers will offer a complete portfolio of financial products and services for personal, business, private, and military banking, including wealth management.

“We view the directional growth and expansion along the I-35 corridor as an opportunity to expand our footprint and as a precursor to entering the Austin market,” said Jim Goudge, chairman and CEO of Broadway Bank. “These two new locations compliment our strategy to expand northward, which we initiated in 2005 with the purchase of four banking centers in San Marcos, Kyle, Wimberley and Buda, Texas.”

The new 3,300 square foot Bee Cave Banking Center, located just west of Austin in Travis County, will have three drive-thru lanes, an ATM drive-thru lane, and will employ a staff of eight employees, including a private banker. The Dripping Springs Banking Center is located at the intersection of Highway 290 at Ranch Road 12 and is the largest banking center to date at 5,500 square feet and three drive-thru lanes and an ATM drive-thru lane. It will employ eight staff members. Hours of operation are:

Lobby – Monday thru Friday (9:00 a.m. to 5:00 p.m.);

Motor Bank – Monday thru Friday (7:30 a.m. to 6:00 p.m.), and

Saturday (9:00 a.m. to 1:00 p.m.).

Broadway Bank has named Tyler Lee as Vice President – Market Manager and Roger Bott as Sr. Vice President – Private Banker for the Bee Cave Banking Center. Pablo Melendez has been named Vice President – Market Manager and David M. Edwards will serve as Sr. Vice President – Private Banker for the Dripping Springs Banking Center.

Broadway Bank will also be introducing new electronic services for its customers at the new locations, such as mobile phone banking, and iStatements, for reviewing and sorting bank statements online.  In addition, customers can now enjoy the benefits of extended deposit posting hours until 6 p.m.

For the opening celebrations, Broadway Bank will host a ribbon-cutting ceremony and an open-house reception at each of the Banking Centers inviting local dignitaries, customers and residents to tour the facilities, meet the staff, and enjoy refreshments.  Celebration dates and time are:

Dripping Springs – May 7 (5:00 p.m. to 7:00 p.m.);

Bee Cave – May 21 (5:30 p.m. to 7:00 p.m.).

Broadway Bank’s financial position continues to earn the highest independent ratings for financial safety and soundness from the nation’s leading independent financial rating services, including Bankrate.com, Bauer Financial, TheStreet.com and LACE Financial Corp.

About Broadway Bank:

Broadway Bank was founded in 1941 to serve the San Antonio community.  It has evolved from a small neighborhood bank into the largest independently-owned bank headquartered in the San Antonio metropolitan area, and continues to operate as a locally-owned and managed financial institution. Broadway Bank offers a full range of sophisticated financial services including retail banking, private banking, military banking, business banking and wealth management. With approximately $1.8 billion in assets, the highly-rated Broadway Bank and its military division, Eisenhower Bank, operate 38 locations in South Texas and the surrounding area. Visit the Broadway Bank website at broadwaybank.com and Eisenhower Bank at eisenhowerbank.com for more information.