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The Bank of San Antonio history
The Bank of San Antonio company history timeline
At the time of Mexican independence in 1821, San Antonio was, along with Goliad and Nacogdoches, one of three established Spanish communities in Texas.
By 1837, when it became a county seat of the Republic of Texas, it had been renamed San Antonio.
The area’s revival as a commercial center began with the opening of the Menger Hotel in 1859 and later appearance of the streetcar.
Cotton trader George W. Brackenridge founded the city’s first national bank in 1866.
Forty unions in the city formed together to form the Trade Council in 1900.
Business began putting up more resistance after the National Association of Manufacturers helped organize a local Citizen’s Industrial Association to press for the open shop around 1903.
The bank opened its first location at 1904 Fredericksburg Road, next to the Woodlawn Drug Store.
The Scottish rite organization established a local lodge in 1907.
Lozano established La Prensa in 1913 and modeled it after the city’s major English language dailies (the Light and Express). He aimed to reach an audience across the Southwest.
Construction was started on its new temple near the Alamo in 1921 and completed three years later.
Military installations largely account for San Antonio’s rapid growth after 1940.
Smith, Horace R “History of Alamo Plaza from its Beginning to the Present.” M. A. Thesis, Trinity University, 1966.
In 1968 a world’s exposition, known as HemisFair, was held there to commemorate the city’s 250th anniversary and to celebrate its cultural ties with Latin America.
San Antonio Missions National Historical Park (established 1978) preserves the Spanish missions Nuestra Señora de la Concepción de Acuña, San José y San Miguel de Aguayo, San Juan Capistrano, and San Francisco de la Espada.
DiStefano, Onofre. “’Venimos a Luchar’: A Brief History of ‘La Prensa’s Founding.” Aztlan 16 (1-2) (1985): 95 – 118.
Broadway Bank also locally introduced the raising of savings rates, the provision of on-site discount brokerage services. It was the first suburban institution to open a downtown branch, in 1992.
2007 The Bank of San Antonio opens the doors.
McSween said Jefferson Bank came out of the financial crisis of 2008 unscathed.
The financial crisis of 2008 also helped Bank of San Antonio in a way because the institution had solid capital, no bad loans and a clean reputation.
2012 Open banking office at the Historic Pearl Brewery
The bank recorded about $1.5 billion in loans by 2015, with a net income of $37 million.
In early 2015, Jefferson Bank opened its first Southside branch at 1111 Goliad, in a former Bank of America branch building.
In a 2015 San Antonio Business Journal article, chairman/founder J. Bruce Bugg said Bank of San Antonio’s quick trajectory to success reflected local businesses’ demand for a locally owned bank that concentrated on their needs.
In 2020, Broadway Bank introduced a refreshed brand throughout the bank’s digital and physical footprint.
2020 The Bank of San Antonio merges with The Bank of Austin and Texas Hill Country Bank, coming together under the new charter, Texas Partners Bank (Opens in a new Window)
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