December 22, 2014, 8:31 AM
City Bank will be closing the United Supermarkets branch location in Levelland, Texas effective March 31, 2015. United Supermarkets will not be offering the opportunity to renew a leasing agreement and City Bank has agreed to close the location and continue servicing customers via our conveniently-located main branch at 600 College Ave. located just across the street. Additionally, City Bank has plans to offer a deposit-taking ATM at the United Supermarkets.
Levelland market President, K.W. Hill, has stated, “While we hate to lose the location in United, I am confident that customers will still experience the same great level of service they are used to with the main location City Bank has right across the street.”
Customers have been notified and will not have to take any action, as their accounts will remain the same. Employees of the United Supermarkets branch will be relocated to Levelland Main Bank located at 600 College Ave.
With two additional branches, one conveniently located in Levelland, TX and another in Morton, TX, customers will continue to have the convenience of a branch within close proximity. Also, with the many features of our online banking and mobile app, City Bank provides innovative solutions to manage day-to-day financial transactions from virtually any location. Checks can be deposited into personal accounts from the convenience of our mobile app and commercial customers can deposit checks via our Remote Deposit Capture solutions. Bills can be paid through the convenience of the mobile app or through online banking.
December 22, 2014, 8:28 AM
City Bank will officially introduce the10 recipients of its 2014 $50,000 Community Rewards program at 11:45 a.m., Friday, Dec. 19. The announcement and presentation of rewards will be held at the Griffith Center, located on the lower floor of the bank’s main branch at 5219 City Bank Parkway.
The 10 winning organizations are Humane Society of West Texas, Lubbock-Cooper Education Foundation, Wesley Foundation at Texas Tech, South Plains SPCA, StarCare Specialty Health System, Morris Safe House, Saving Grace Pit Bull Rescue, Lubbock Christian School, Larry Combest Community Health & Wellness Center, and Alstrom Angels. The top vote-getter will receive $10,000; the next five vote-getters receive $5,000 each, and the final four will receive $3,000. In October, six nonprofits received $500 each in Early Rewards.
The $50,000 Community Rewards launched on Sunday, Nov. 2. The 10 winning agencies were determined via online voting of city and area residents. Voting closed on Monday, Dec. 15. Some 100 nonprofits were represented on the ballot and more than 170,000 votes were cast. Since its inception, Community Rewards has now contributed $360,000 to 67 different nonprofits groups.
November 03, 2014, 2:16 PM
City Bank, headquartered in Lubbock, Texas, has been named one of the Best Banks to Work For in 2014. The program, which was initiated in 2013 to identify, recognize, and honor the best banks to work for in the nation, is a project of American Banker and Best Companies Group. City Bank has been ranked number ten.
The culture of the bank, combined with the many employee-focused programs, such as the Wellness Program, has helped City Bank be named one of the Best Banks to Work For, for the second year in a row. The City Bank Wellness Program was implemented in the late 1990s and pays incentives to employees to promote exercise, weight loss, and a healthy lifestyle.
A variety of family-friendly events and unique opportunities provide employees and their families an atmosphere and corporate lifestyle that goes beyond the workplace. “If you don’t understand that the family you have outside the bank is more important than the work you do in the bank, you’ve got your priorities in the wrong place,” says City Bank Chairman of the Board, Curtis Griffith.
Determining the Best Banks to Work For involved a two-step process; The first step consisted of evaluating each participating bank’s workplace policies, practices, and demographics. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.
For more information on the Best Banks to Work For program, visit wBestBankstoWorkFor.com.
October 27, 2014, 1:02 PM
Sales of existing single-family homes in Texas have slowed in recent weeks, but the news isn’t all bad. According to the Real Estate Center at Texas A&M University, sales totals were down only 1 percent from the same period in 2013, and 2013 ranked as the second-best year ever for residential sales statewide. By maintaining the same levels, sales volumes remain at a near-record level consistent with the population and economic growth Texas has experienced in recent years.
The slowdown is likely to be only temporary. The North Texas Real Estate Information Systems report that preowned home sales rose 6 percent in September from a year ago, and pending sales are up at the end of last month, indicating the market will finish on a strong note for the year. In Houston, September sales similarly rose 7 percent compared to the same month last year.
Texas home prices continue to climb, but at slowed rate over last year. Median home prices have risen approximately 7 percent over 2013 — a strong increase but smaller than the previous year’s increase of almost 10 percent.
Real Estate Center Research Economist Dr. Jim Gaines acknowledges that higher prices, tougher mortgage qualifying standards and a tight inventory of homes continue to keep the housing market in check. These conditions have made buying particularly difficult for first- and second-time borrowers. “The estimated 2014 market share of sales for homes priced under $70,000 is about 7 percent compared with almost 35 percent of all sales in 1996 and nearly 15 percent in 2011,” Gaines said. Current residential home sales data for all 50 Texas metropolitan areas can be found on the Center’s website.
Apply for a Mortgage Loan Here
If you are ready to apply for a mortgage loan, City Bank can help you find the right loan to accomplish your goals. For unrivaled customer service from an independent community bank, call us today at (800) 687-2265.
October 27, 2014, 1:00 PM
The remnants of Hurricane Odile that dumped heavy rain on Lubbock and the South Plains in late September are finally gone, but many local homeowners are still dealing with the aftermath of the record rainfall and resulting flooding. Perhaps the rain reminded you that it’s time to replace your leaking roof or siding, or your basement flooded due to the record downpours. If your home has suffered water damage or just needs an update, it’s easy to “make lemonade out of lemons” with a home improvement loan from City Bank.
Our home improvement loans can be used for many general home improvements, such as roofing, basements, garages, windows, siding, sunrooms and much more.Enjoy these advantages.
- Low fixed rates
- Flexible loan terms
- Simple application process
- No prepayment penalties
With smart home improvements financed by City Bank, you can make the house you have the house you’ve always dreamed of! Create a comfortable finished basement that can be used as a theater room or a playroom for the kids. Get that gourmet kitchen or spa bath you’ve seen in the magazines, or design the perfect outdoor living space for friends and family to gather year-round.
Apply for a Home Improvement Loan Today
Keep in mind that not all loans are created equal. It may be a better idea to get a home improvement loan from City Bank than to use a personal loan, a cash-out refinance of your home or credit cards because the monthly payments are generally lower. For more guidance on the home improvement loan that will offer the best long-term financial benefit, contact City Bank today.
October 27, 2014, 12:58 PM
Broadband service provider Suddenlink has announced a program that will progressively boost Internet speeds for customers in Bryan-College Station. Known as Operation GigaSpeed, the new ultra high-speed Internet service will deliver one Gigabit per second and is 10 times faster than standard service. Bryan-College Station will be the first area in the Southwest to receive the enhanced service through Suddenlink.
While companies such as Google and AT&T offer or plan to offer one Gigabit service to select urban markets, Suddenlink plans to make the service available to all customers in small and mid-sized markets and rural areas. The company expects to complete network upgrades that will bring the faster speeds to 45,000 business and residential customers in Bryan-College Station by early 2015. The price for the service will be about $70 per month, on par with similar service in Austin.
Suddenlink estimates the service will be available for all of its approximately 1.4 million residential and commercial customers by late 2017. The network improvements that will make the one gigabit-per-second Internet speed possible represent a $250 million company investment.
A Boon for Local Business
James Benham, a College Station city councilman and president of technology company JBKnowledge, hailed the announcement of Operation GigaSpeed as a game-changer that will allow Bryan-College Station to attract and keep more businesses in the area. “How many companies decide whether to stay or go to Austin because they have gigabit with Google fiber?” Benham said at the University Center at Texas A&M, where the announcement was made on September 22.
The Suddenlink partnership is a victory for the Research Valley Technology Council, which formed last year to spearhead a search for ultra high-speed Internet service providers that could satisfy high-tech businesses’ need for high connectivity.
City Bank applauds the efforts of the Bryan and College Station city councils to bring this advancement to the area, and looks forward to fueling the growth of more companies with business loans in College Station and Bryan.
Call City Bank today at (800) 687-2265 or get in touch using the Contact Us form.