Former type Private Founded 1977 Number of employees 170 | Fate Merged with Frost Bank Number of locations 8 Ceased operations June 20, 2014 | |
Industry Banking
Financial services
Investment services through WNB Private Client Services Defunct June 20, 2014 (2014-06-20) Area served Odessa, TX, Midland, TX, San Antonio, TX Key people Clay Wood, Chairman;
Jack Wood, President & CEO Headquarters Midland, Texas, United States Areas served Odessa, Midland, San Antonio | ||
Western National Bank (WNB) was an individually and privately owned bank that was chartered in 1977 in Odessa, Texas.
History
Western National Bank was chartered in 1977 and among the charter members were the Wood family. During the great oil bust of the 1980s, the Wood family saw the need for money to be invested in the bank and bought out the other investors. Western National Bank is one of the few banks that was established during that time and is still operating under the same name.
On June 20, 2014, Western National Bank was absorbed by Frost Bank. All seven Midland/Odessa branches became Frost Bank offices, and the San Antonio Western National Bank branch was closed.
References
Western National Bank Wikipedia(Text) CC BY-SA