Top Largest Banks in Texas

The top largest banks in Texas (USA) are Frost Bank, Woodforest National Bank, Comerica Bank, Prosperity Bancshares, Amegy Bank of Texas, among others.

Founded in San Antonio in 1868, Frost Bank is the largest Texas-based financial institution that operates only in Texas. In 2008, Frost was the first bank in the nation to turn down federal funding under the Troubled Asset Relief Program (TARP) because it was very well capitalized and did not need the fund.

Woodforest National Bank is a leading privately-held bank headquartered in The Woodlands, Texas. It is highly regarded as a top performing bank in the United States and one of the largest employee owned community banks.

Comerica Bank reported total assets of $59.2 billion at December 31, 2009. It is among the 25 largest U.S. banking companies, and rated 11th among bank and thrift companies with the most commercial and industrial loans (American Banker). Comerica is also ranked 45th among DiversityInc “Top 50 Companies for Diversity” in 2010.

Prosperity Bancshares has been ranked as the 4th-best bank in the nation by Forbes Magazine among the 100 largest banks and thrifts. Forbes in conjunction with SNL Financial based the ranking on eight measures of asset quality, capital adequacy, and profitability. The rankings were published in its December 30, 2009 online edition and included in the January 18, 2010 print issue.

Amegy Bank of Texas is one of the largest banks in the Houston area and one of the fastest growing in the state. In 2005, Amegy became a member of the Zions Bancorporation “Collection of Great Banks”, a group of individual banks in high growth markets that works together in finding efficiencies in products and services and yet reflects the needs of their individual markets.

* Next: Top Banks in Pennsylvania