LegacyTexas Bank
| Company type | Community bank |
|---|---|
| Industry | Banking |
| Founded | 1952 |
| Fate | Acquired by Prosperity Bank |
| Successor | Prosperity Bank |
| Headquarters | Plano, Texas , United States |
LegacyTexas Bank was a community bank headquartered in Plano, Texas, recognized as one of the largest locally operated banks within the North Texas region. In 2019, it was acquired by Prosperity Bank and subsequently integrated under the Prosperity brand.
History
Established in 1952 in Plano, Texas, LegacyTexas expanded to become a major banking institution in Texas and the foremost community bank in North Texas. In 2015, ViewPoint Financial Group purchased LegacyTexas Bank and combined it with ViewPoint Bank, continuing operations under the LegacyTexas name. By November 2019, Prosperity Bank reached an agreement to acquire LegacyTexas, finalizing the merger in 2020 and converting all branches to Prosperity Bank branding.
Services
LegacyTexas provided a comprehensive selection of deposit accounts, including both interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. Its loan offerings encompassed commercial and residential real estate financing; secured and unsecured commercial and industrial loans; mortgages; construction and land development loans; as well as secured and unsecured consumer loans such as vehicle and recreational financing. Additionally, the bank offered insurance products and title services.