Magnolia, February 6, 2026
Texas Regional Bank has opened a new banking center in Magnolia, Texas, enhancing access to financial services for local businesses and residents. This expansion aims to support economic growth in one of Montgomery County’s rapidly developing areas by providing personalized banking solutions tailored to the community’s needs. The branch, led by Montgomery County Market President Skip Colvin, will focus on fostering relationships with local entrepreneurs and facilitating economic prosperity in the region.
Magnolia, Texas
Texas Regional Bank Bolsters Magnolia Economy with New Branch Opening
The northwest Houston suburb of Magnolia is witnessing continued economic momentum with the recent opening of Texas Regional Bank’s newest full-service banking center. This strategic expansion reflects an ongoing commitment to local communities, supporting both established businesses and emerging entrepreneurial ventures in one of Montgomery County’s fastest-growing areas.
The arrival of new financial institutions like Texas Regional Bank (TRB) highlights a broader trend of private investment recognizing the potential within thriving Texas locales. Such developments often provide crucial capital and resources, fostering an environment where small businesses can flourish and individual achievements are supported through accessible financial services. This expansion underscores the belief that a robust local economy benefits from strong, community-focused banking partnerships and the resilience of local Houston TX business owners. The bank’s presence is poised to contribute to the overall economic growth of the region.
A Strategic Location for Growth
The new Texas Regional Bank branch officially began serving customers on January 5, 2026, and is conveniently situated at 13295 FM 1488, Magnolia, TX 77354. This location along the high-traffic FM 1488 corridor is a deliberate choice, designed to enhance accessibility for residents and business owners throughout Magnolia and its neighboring communities. The area has experienced substantial population growth and steady commercial expansion in recent years, making Magnolia a key addition to TRB’s footprint in the Houston Region.
Magnolia itself is a vibrant community that has seen significant residential and commercial development. Its strategic position approximately 45 miles northwest of Houston, coupled with easy access to major highways, positions it as an attractive hub for continued economic activity. Montgomery County, where Magnolia is located, ranks as one of the fastest-growing counties in the U.S.
Community-Centric Leadership and Services
Texas Regional Bank has appointed Skip Colvin as Montgomery County Market President, a move that emphasizes the bank’s dedication to local expertise and community engagement. Colvin is known for his extensive support of local businesses and civic organizations, holding leadership roles such as Chair Elect of the Greater Southwest Montgomery County Chamber of Commerce and serving on the City of Magnolia’s Economic Development Corporation Board of Directors. This local leadership ensures that the bank’s operations are guided by an understanding of the community’s unique needs and aspirations.
Founded in 2010, Texas Regional Bank was established to fill a void in community banking caused by the consolidation of privately-held banks. The bank’s mission revolves around providing full-service, relationship-driven banking, aiming to be “The People You Know” in the communities it serves. This philosophy is reflected in the comprehensive suite of financial solutions available at the Magnolia branch. These services include personal banking products such as bank accounts, savings accounts, home loans, personal loans, personal credit cards, and online and mobile tools. For businesses, the branch offers business banking accounts, loans and credit options, business credit cards, treasury management, and merchant services. Additionally, TRB provides mortgage services for purchase, refinance, and new construction, alongside trust and wealth management, insurance, capital markets, economic development, and foreign exchange services.
Fostering Entrepreneurial Spirit and Economic Prosperity
The presence of a community bank committed to personalized service is a significant asset for Texas TX entrepreneurs and Houston small business owners in Magnolia. By offering a full range of financial products and local decision-making, such institutions empower individuals and businesses to pursue their goals, innovate, and expand. This localized approach to banking often proves more responsive to the dynamic needs of emerging enterprises, contrasting with the often more standardized offerings of larger institutions.
Magnolia’s current economic landscape, characterized by an 18% annual growth rate and a growing resident population exceeding 6,000, indicates a fertile ground for entrepreneurial endeavors. With a median income exceeding $104,000, the community possesses a strong economic base that supports continued commercial development. The bank’s focus on innovation and efficiency, as part of its core values, aligns with the agile business environment that benefits local economic development.
A Commitment to Community Investment
The opening in Magnolia is part of Texas Regional Bank’s broader strategy to expand its presence across the State of Texas through organic growth and investments in local communities. With more than 35 locations spread across key regions including the Rio Grande Valley, Texas Hill Country, Houston, and the Dallas–Fort Worth Metroplex, TRB consistently demonstrates its dedication to fostering local economies. This commitment extends beyond financial transactions, embodying a belief that the bank’s success is intrinsically linked to the prosperity of the communities it serves. Through initiatives that support local organizations and economic development efforts, TRB aims to contribute positively to the overall quality of life for residents and the vitality of the local business ecosystem.
Looking Ahead: Supporting a Thriving Magnolia
The expansion of Texas Regional Bank into Magnolia signifies a positive indicator for the region’s sustained economic growth. By providing essential financial services and investing in local leadership, TRB is positioned to be a key partner in the continued development of this dynamic Houston suburb. The emphasis on relationship banking and a comprehensive suite of services supports the notion that local financial institutions are vital components of a resilient and prosperous community. Residents and businesses in Magnolia are encouraged to explore the resources and opportunities available through this new local addition.
FAQ
What is the newest Houston-area location for Texas Regional Bank?
The newest Houston-area location for Texas Regional Bank is in Magnolia, a northwest Houston suburb.
When did the Texas Regional Bank branch in Magnolia open?
The Texas Regional Bank branch in Magnolia began serving customers on January 5, 2026.
What are the lobby hours for the new Magnolia branch?
Lobby hours for the new Magnolia branch are Monday through Friday, 9:00 a.m. to 5:00 p.m.
Why did Texas Regional Bank choose Magnolia for its new location?
Texas Regional Bank chose Magnolia due to its significant population growth and steady commercial expansion in recent years, making it a strategic addition to TRB’s Houston Region footprint. The expansion also aims to meet increasing demand for full-service banking in one of the area’s rapidly growing suburban communities.
Who is the Montgomery County Market President for Texas Regional Bank?
Skip Colvin has been appointed as Montgomery County Market President for Texas Regional Bank.
What types of services does Texas Regional Bank offer at its Magnolia location?
The Texas Regional Bank Magnolia location offers full-service personal and business banking, including bank accounts, savings accounts, home loans, personal loans, personal credit cards, online and mobile tools, business banking accounts, loans and credit, business credit cards, treasury management, and merchant services. Additionally, it provides mortgage services for purchase, refinance, and new construction, along with trust and wealth management, insurance, capital markets, economic development, and foreign exchange services.
Key Features of Texas Regional Bank’s Magnolia Branch
| Feature | Description |
|---|---|
| Location | 13295 FM 1488, Magnolia, TX 77354 |
| Opening Date | January 5, 2026 |
| Lobby Hours | Monday – Friday, 9:00 a.m. to 5:00 p.m. |
| Market President | Skip Colvin (Montgomery County Market President) |
| Motivation for Opening | Significant population growth and commercial expansion in Magnolia, meeting demand for full-service banking |
| Services Offered | Personal banking, business banking, mortgage services, trust & wealth management, insurance, capital markets, economic development, foreign exchange services |
| Bank’s Founding Philosophy | Founded in 2010 to address community banking void; relationship-driven banking; “The People You Know” in communities |
| Statewide Presence | Over 35 locations across the Rio Grande Valley, Texas Hill Country, Houston, and the Dallas–Fort Worth Metroplex |
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Author: STAFF HERE HOUSTON TX WRITER
The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
