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Its bank subsidiary, TBK Bank, SSB, is a Texas-state savings bank offering commercial and consumer banking products focused on meeting client needs in Texas, Colorado, Kansas, Iowa and Illinois.
Aaron P Graft, chief executive officer of TBK Bank, SSB, said, 'We have assembled a talented leadership team at TBK Bank.
The TBK aims to provide new limits on the liability of surety providers in order to protect their rights against beneficiaries -- primarily banks.
NASDAQ:TBK), the parent company for TBK Bank, SSB, has said that both the Federal Reserve Bank of Dallas and Federal Deposit Insurance Corporation (FDIC) have approved the previously announced acquisition of ColoEast Bankshares Inc.
In contrast, the main assumed steady-state value for the two-compartment TBK method (TBK/FFM = 64.