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The bank survived the Panic of 1907 with the aid of an association of local banks and by 1921, sold shares to outside investors for the first time. Frost continued to grow with the construction of a 12-story building in 1921, which was the tallest building in Texas at the time.
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According to the San Antonio Express-News, in 1998, the bank's loan portfolio had grown to about $415 million in home loans outstanding, making up 11.4% of its book. Two years later, the bank ...
The United States National Bank of Galveston [USNB] was a federally chartered bank in Galveston, Texas. It was founded in 1874 and was merged into Frost National Bank in 2000. [ 2 ] It was the last of 33 banks chartered in the US that used the forbidden title "United States" in its name.
Frost Bros. was known for quality personal service, including name recognition, purchase preferences, and personal shoppers. Their customer service was on the same level as Neiman Marcus, Saks Fifth Avenue, and Nordstrom. Frost Bros. filed for bankruptcy protection in April 1988, and its four remaining stores were liquidated in mid-1989 after ...
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