PlainsCapital Bank Opens Commercial Banking Center in Arlington’s Entertainment District

By Office of Communication

Posted on July 30, 2018, July 30, 2018

While commercial banking customers increasingly utilize online and mobile banking features, they still rely on brick-and-mortar locations for a range of services. Reflecting that demand, PlainsCapital Bank consolidating its two Arlington branch operations and staff into a new, larger, modern facility near AT&T Stadium.

PlainsCapital's branches at 1501 North Center Street and 4501 Matlock Road closed permanently on Friday, July 27, the company said in a media release. Today, the Bank's new 9,200-square-foot Arlington location at 804 N. Collins Street opened for business.

Construction on the new commercial banking center began July 2017. The facility features a 3,200-square-foot lobby, 6,000 square feet of commercial lending space, and state-of-the-art technology services, including an interactive console located in one of the two drive-thru terminals that will allow customers to video conference with a remote PlainsCapital teller.

Operating 7 a.m. to 7 p.m., Monday through Friday, and 9 a.m. to 1 p.m. on Saturdays, the interactive video console will offer the same services customers would find at the Bank's teller desks as well as function as a regular ATM for 24/7 cash withdrawals, transfers, and deposits.

"We believe there should be a complementary balance between the digital and physical banking experiences we provide our customers," said PlainsCapital Bank President and CEO Jerry Schaffner. "There is so much business development occurring in North Texas, particularly in the high-growth area around Arlington. We want to maintain prominent visibility in the community, and our new location is an important part of that. PlainsCapital's commercial branch network plays a significant role in our business strategy. That said, we are also committed to providing the latest banking technologies to further expand our service offerings."

Along with being customer convenient, the N. Collins Street facility's centralized location provides PlainsCapital's team of commercial bankers with easy access to points east and west along the burgeoning I-30 corridor stretching between Dallas and Fort Worth. The new Arlington branch is also situated in a designated low-income area, presenting an opportunity for PlainsCapital to assist in the revitalization efforts happening around AT&T Stadium.

Hours of operation remain the same as the previous Arlington branches, with the lobby open 8:30 a.m. to 5 p.m. and the drive-thru open 8 a.m. to 5 p.m., Monday through Friday. Additionally, PlainsCapital customers have convenient access to a full suite of online and mobile banking services designed to address their account needs anytime, anywhere.

The opening of the N. Collins Street branch and subsequent closing of the two smaller area locations bring PlainsCapital's North Texas branch network to 20 locations.