Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (2024)

News

January 23, 2021

Houston-based Central Bank’s newest branch is open for business. The bank’s Lower Heights location opened its doors to the public on January 11 at 2799 Katy Frwy., Ste. 150. It replaces the company’s Midtown branch, which closed on January 8.

Housed in the Lower Heights District multi-use development, the full-service branch offers business and personal banking services, a 24-hour walk-up ATM and drive-thru banking. A modern lobby greets customers upon entry, complete with televisions, a seating area and coffee station. Personal offices with floor-to-ceiling glass doors, as well as a conference room featuring a wall-sized photo of Central Bank’s hometown of Houston, line the branch’s right side. Teller windows and related banking service areas sit in a centralized location, making for simple, streamlined customer visits.With the addition of improved wifi capabilities and mobile device charging stations, the company’s goal is to pair the modern-day amenities customers want with Central Bank’s personalized service.

“This project is the culmination of many hours of work put in by many dedicated team members,” says Robert Mrlik, president and CEO. “No one could have anticipated the obstacles we’ve all faced in recent months, but our team, along with many hardworking contractors and vendors, came together to make it happen.”

Established in 1956 in Houston’s Montrose district, Central Bank operates four full-service branches across the city.

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (2)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (3)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (4)

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News

January 23, 2021

Houston-based Central Bank’s newest branch is open for business. The bank’s Lower Heights location opened its doors to the public on January 11 at 2799 Katy Frwy., Ste. 150. It replaces the company’s Midtown branch, which closed on January 8.

Housed in the Lower Heights District multi-use development, the full-service branch offers business and personal banking services, a 24-hour walk-up ATM and drive-thru banking. A modern lobby greets customers upon entry, complete with televisions, a seating area and coffee station. Personal offices with floor-to-ceiling glass doors, as well as a conference room featuring a wall-sized photo of Central Bank’s hometown of Houston, line the branch’s right side. Teller windows and related banking service areas sit in a centralized location, making for simple, streamlined customer visits.With the addition of improved wifi capabilities and mobile device charging stations, the company’s goal is to pair the modern-day amenities customers want with Central Bank’s personalized service.

“This project is the culmination of many hours of work put in by many dedicated team members,” says Robert Mrlik, president and CEO. “No one could have anticipated the obstacles we’ve all faced in recent months, but our team, along with many hardworking contractors and vendors, came together to make it happen.”

Established in 1956 in Houston’s Montrose district, Central Bank operates four full-service branches across the city.

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (9)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (10)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (11)

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NextAustin Bank Welcomes Hollins as Assistant Vice President and Relationship Manager

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

January 23, 2021

Houston-based Central Bank’s newest branch is open for business. The bank’s Lower Heights location opened its doors to the public on January 11 at 2799 Katy Frwy., Ste. 150. It replaces the company’s Midtown branch, which closed on January 8.

Housed in the Lower Heights District multi-use development, the full-service branch offers business and personal banking services, a 24-hour walk-up ATM and drive-thru banking. A modern lobby greets customers upon entry, complete with televisions, a seating area and coffee station. Personal offices with floor-to-ceiling glass doors, as well as a conference room featuring a wall-sized photo of Central Bank’s hometown of Houston, line the branch’s right side. Teller windows and related banking service areas sit in a centralized location, making for simple, streamlined customer visits.With the addition of improved wifi capabilities and mobile device charging stations, the company’s goal is to pair the modern-day amenities customers want with Central Bank’s personalized service.

“This project is the culmination of many hours of work put in by many dedicated team members,” says Robert Mrlik, president and CEO. “No one could have anticipated the obstacles we’ve all faced in recent months, but our team, along with many hardworking contractors and vendors, came together to make it happen.”

Established in 1956 in Houston’s Montrose district, Central Bank operates four full-service branches across the city.

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (19)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (20)

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (21)

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Central Bank’s New Houston Branch Opens its Doors | Bankers Digest (2024)

FAQs

What would happen if the central bank increases the amount of reserves banks are required to hold to 20%? ›

If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.

What are the strengths of a bank branch? ›

These could include factors like a strong capital base, a large customer base, advanced technology infrastructure, experienced staff, or a wide range of financial products and services. Create custom fields in ClickUp to list and categorize your bank's strengths.

Why don't banks hold 100% reserves? ›

Banks don't hold 100% reserves because they are missing out on interest income. Banks only need to keep a fraction of reserves to satisfy the needs of their depositors. The rest they don't want to hold because they can earn profit by loaning some of the reserves out.

How much money do banks hold in cash? ›

Banks tend to keep only enough cash in the vault to meet their anticipated transaction needs. Very small banks may only keep $50,000 or less on hand, while larger banks might keep as much as $200,000 or more available for transactions. This surprises many people who assume bank vaults are always full of cash.

What happens when central bank increases reserves? ›

A higher reserve ratio takes money out of the economy. Loans are subject to the laws of supply and demand, like all other goods and services. If the supply decreases while the demand remains the same, the price (interest rate) will rise.

What happens when banks increase excess reserves? ›

Excess reserves allow expansion of the money supply

The bank can do one of two things with that money: Keep it in the bank (just in case you want to withdraw more than ‍ ) Loan it out.

What happens to banks when the reserve requirement is increased? ›

An increase in reserve requirements raises the effective tax rate on deposit services and, hence, lowers the amount of financial intermediation carried out by banks.

What happens when a country central bank increases reserve requirements for banks? ›

Reserve Requirements as a Monetary Instrument

An increase in requirements forces banks to purchase temporary liquidity from the central bank, raising their costs, and reduces their lending activity, lowering the public's deposits. Conversely, a reduction allows an expansion in deposits for any given monetary base.

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