Mary Pirrello of NexBank was appointed to serve as the President of the Texas Mortgage Bankers Association on the 22nd of June this year. Ms. Pirrello is the Senior Vice President of the National Warehouse Lending at NexBank. She is going to serve as the association’s president for the 2016-2017 term a seat she assumed as of 3rd May.
Mary has a 20-year experience in the banking industry working in different sectors as a leader. She has been a member of the committee and board TMBA as from the year 2007. She has also served in the National Mortgage Bankers Association’s MORPAC (political action committee). In 2010, Mary received the James Wooten Scholarship from the TMBA; they named her a Future Leader.
NexBank Capital, Inc. is a financial institution that provides three major services to its customers; Mortgage Banking, Investment Banking, and Commercial Banking. The financial institution also has ATMs and branches in Dallas and Texas as a whole.
This year on 14 May the bank had a lot to celebrate about the financial success of the 4th quarter and the entire year 2015. They had a Net income upsurge up to $53.2 million and also growth in the Return on Average Equity by 35%. In the previous year 2014, they experienced a net income of only $25.6 million and the Return on Average Equity had just increased by 23%. They also reported an increase of total asset by 48% from the year 2014 to hit $ 2.72 billion. These are a few of the many achievements of the NexBank. John Holt, the President and Chief Executive Officer of the Company, said, “This success shows that our bank is a profitable and efficient banking platform.“
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