Moody National Bank

Moody National Bank

Moody National Bank (MNB) is a nationally chartered bank, founded in 1907, that is based in Galveston, Texas, USA.

With assets of nearly $1 billion dollars Moody Bank is one of oldest and largest privately owned Texas-based banks. Its trust department, established in 1927, administers over $15.5 billion dollars in assets, and is the largest domiciled in the state of Texas. The company offers a full range of commercial and consumer banking products, as well as trust and investment banking services to customers throughout Southeast Texas and Central Texas, including the Greater Houston area.

The bank is unique in that through its trust department, it has defacto control of the American National Insurance Company (ANICO), one of the largest life and property/casualty companies in the U.S. The bank's trust department administers the Moody Foundation and the Libbie Shearn Moody Trust, which together own the majority of ANICO's shares.

Moody National Bank is a wholly owned subsidiary of Moody Bancshares, Inc., a privately owned financial holding company, also based in Galveston. Moody Bancshares also maintains a controlling interest in Galveston-based Hometown Bank N.A.

Read more about Moody National Bank:  History, Banking Center Locations

Famous quotes containing the words moody, national and/or bank:

    Well, something for a snowstorm to have shown
    The country’s singing strength thus brought together,
    That though repressed and moody with the weather
    Was nonetheless there ready to be freed
    And sing the wild flowers up from root and seed.
    Robert Frost (1874–1963)

    There is no national science just as there is no national multiplication table; anything that is national is not scientific.
    Anton Pavlovich Chekhov (1860–1904)

    We bank over Boston. I am safe. I put on my hat.
    I am almost someone going home. The story has ended.
    Anne Sexton (1928–1974)