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The bank was founded as Plains National Bank by Alan B. White, its former chairman, in 1988 in Lubbock, Texas USA. In 1999, it expanded with a branch in Dallas, and acquired Dallas-based residential mortgage lender PrimeLending. The bank added branches in other major Texas markets through the 2000s.
2012 – The bank merges with Hilltop Holdings Inc., a Dallas-based financial services holding company. [8] 2013 – The bank acquires First National Bank of Edinburg with an FDIC-assisted transaction. [9] 2015 – The bank’s parent company, Hilltop Holdings, enters into a merger agreement with SWS Group.
It was a holding company for the nation's second largest thrift institution and California's fourth largest bank. In 2002, he sold it to Citigroup for $6 billion. He is currently chairman of the board of Hilltop Holdings, a bank and insurance holding company. [2]
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FNB Corporation is a diversified financial services corporation based in Pittsburgh, Pennsylvania, and the holding company for its largest subsidiary, First National Bank. As of July 17, 2024, FNB has total assets of nearly $48 billion. [ 2 ]
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