Wallis Bank celebrates 115th anniversary and reflects on 2020 achievements
HOUSTON, January 27, 2021 / PRNewswire / – Wallis Bank, a full-service community bank, was proud to celebrate its 115th anniversary on January 10, 2021. This milestone not only recognizes the Bank’s long history, but also its continued commitment to providing extraordinary banking and customer service. This anniversary comes after a difficult year defined by a global pandemic that has affected the local and global economy.
Despite this adversity, there were many achievements to celebrate. Among these was prestigious recognition from the Independent Community Bankers of America (ICBA). The ICBA recognized the Bank on its ICBA’s Best of the Best 2020 list. This is the sixth time in seven years that Wallis Bank was awarded for this honor.
To support small businesses during the ongoing pandemic, the Bank processed more than 3,600 Paycheck Protection Program (PPP) loans in 2020, for a total of approximately $ 360 million. Therefore, Wallis Bank received the IACC COVID Crusaders Award 2020 by the Indo-American Chamber of Commerce. Besides, Wallis Bank was the first lender of Houston region on multiple lists, including PPP loans under $ 150,000 to women-owned businesses, PPP loans under $ 150,000 to businesses owned by people of color, and PPP loans above $ 150K businesses owned by people of color.
Wallis Bank was also the first SBA 7 (a) lender in the Houston district for the SBA fiscal year, beating all other banks in the region by more than $ 29 million in loans.
To further support communities in need, Wallis Bank Branches donated over 4,800 pounds of food to local food banks and continued to support local communities in its footprint.
On Wallis Bank
Wallis Bank is a full-service community bank dedicated to serving both rural and large international clients with the highest level of personalized service. The Bank was established in 1906 in Wallis, Texas, and has the unique experience of surviving the Great Depression and the two world wars. Over the years, the company has seen the expansion of branches and additional offices in Houston, Dallas, San Antonio, Los Angeles, and Atlanta. The Bank continues to expand its offering of digital products and services for an improved customer experience.
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