Sugar Land, Texas — According to state and local economic development sources The First State Bank plans to invest $1,500,000.00 to build out 5,514 square feet of new space in Sugar Land. The company plans to occupy the new space at 200 Century Square Blvd in Sugar Land, on or about July 1, 2023. According to the company website The First State Bank opened its doors in Louise, Texas, on May 7, 1956 with $100,000 original capital. The first bank officers were John W. Hancock, President; L.S. Stockton, Executive Vice President and Cashier; and M.W. Crowell, Vice President. By the end of September of the same year, The First State Bank had over $1 million in assets. The First State Bank continues to grow and is resolved to stay independent. Today the bank has over $820 million in assets, $70 million in capital and 12 full-service branches Louise, El Campo, Sweeny, Blessing, Wharton, Ganado, Bay City, Angleton, Victoria, Woodsboro, Refugio and Dilley, and two Loan Production Offices – El Campo Mortgage and Sugar Land. The First State Bank is proud of its community involvement and quality service.

To learn more about The First State Bank, visit http://www.fsblouise.com/

Company Contact:
Chip Jenkins, Chief Executive Officer
https://www.linkedin.com/in/chip-jenkins-0891b5184/
979-648-2691

SOURCE: http://www.intelligence360.io
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