Trans-Pecos

Citi Ventures Backs Capstack Technologies, the First Integrated Bank-to-Bank Loan Marketplace Designed to Increase Profitability and Mitigate Asset Concentration Risk

Retrieved on: 
Wednesday, March 6, 2024

Capstack Technologies , the first bank-to-bank marketplace designed to mitigate asset risk, has secured a strategic investment from Citi Ventures, marking a significant milestone in its mission to revolutionize banking technology.

Key Points: 
  • Capstack Technologies , the first bank-to-bank marketplace designed to mitigate asset risk, has secured a strategic investment from Citi Ventures, marking a significant milestone in its mission to revolutionize banking technology.
  • Amidst a challenging investment climate, this funding is a testament to Capstack Technologies’ innovation following their successful $6 million fundraising last summer.
  • Capstack Technologies is leading the way with its "first bank-to-bank marketplace," promoting transparency, collaboration, and efficiency among small and medium-sized banks.
  • “Citi Ventures is committed to investing in companies that have the potential to drive our industry forward,” said Jeff Flynn, Director, Citi Ventures.

Trice is a New Technology Provider for the RTP® Network from The Clearing House

Retrieved on: 
Wednesday, February 14, 2024

AUSTIN, Texas, Feb. 14, 2024 /PRNewswire/ -- Today, Trice announced its launch as a technology provider and real-time payments gateway for the RTP® network from The Clearing House, with TransPecos Banks as Trice's partner for the bank's real-time payments. Trice's future-proof modern payments gateway is built specifically to support real-time account-to-account payments and deposits with scalable infrastructure, streamlined onboarding, and simplified operations; making it easy for digital wallets, investing apps, lending apps, payment providers, and fintech's to move money.

Key Points: 
  • AUSTIN, Texas, Feb. 14, 2024 /PRNewswire/ -- Today, Trice announced its launch as a technology provider and real-time payments gateway for the RTP® network from The Clearing House, with TransPecos Banks as Trice's partner for the bank's real-time payments.
  • "Becoming a technology provider that offers connectivity to the RTP network through depository institutions is a tremendous achievement, and we're beyond grateful to The Clearing House and TransPecos Banks for helping make it possible," said Doug Yeager, CEO, and Co-founder of Trice.
  • "We're focused on opportunities to continue to grow the RTP network ecosystem, including many opportunities with innovators and technology providers such as Trice."
  • "Becoming an RTP® technology provider is a rigorous process," said Linda Loof Head of BaaS Partnerships, at TransPecos Banks.

Sunstone Bank & Trust Launches To Provide Personal Banking To ALC Customers

Retrieved on: 
Monday, November 13, 2023

Personalized banking offers specific solutions for individuals, families and businesses including checking and money market accounts.

Key Points: 
  • Personalized banking offers specific solutions for individuals, families and businesses including checking and money market accounts.
  • “With this unique platform, ALC is planning to serve the high-net-worth (HNW), ultra-high-net-worth (UHNW), and qualified business clients in its network,” Shen said.
  • Patrick Kennedy, Chairman and Principal shareholder of TransPecos, and Dub Sutherland, its Vice Chairman, were on hand to announce Sunstone Bank & Trust.
  • In partnership with TrustCard (TruCard Holdings, Inc.), Sunstone Bank and Trust also will be offering a securities-backed credit card and line of credit product for its private banking clients.

TransPecos Banks Taps Episode Six to Launch Extensive Credit Card Offering

Retrieved on: 
Wednesday, April 5, 2023

Through E6’s E6Issuing and E6Wallet products, both built on the Tritium® platform, TransPecos is well-equipped to offer speed-to-market credit capabilities to its customers with the ability to adjust as demands shift.

Key Points: 
  • Through E6’s E6Issuing and E6Wallet products, both built on the Tritium® platform, TransPecos is well-equipped to offer speed-to-market credit capabilities to its customers with the ability to adjust as demands shift.
  • “We were looking for a tech stack and bank sponsorship services in a single platform that was fully integrated and ready to launch,” said Dave Kochbeck, chief technology officer of TransPecos Banks.
  • Through E6Issuing specifically, TransPecos has already implemented multiple credit card products, including one that helps new doctors succeed after they graduate medical school.
  • “We share common values with TransPecos, including developing and bringing to market innovative, digital-first products that are customer-centric,” said John Mitchell, CEO and co-founder of E6.

Texas Drought Conditions Continue to Devastate the State, SYNLawn® Artificial Grass Offers a Promising Solution

Retrieved on: 
Tuesday, August 16, 2022

We replace the natural grass in Texas with synthetic grass.

Key Points: 
  • We replace the natural grass in Texas with synthetic grass.
  • SYNLawn artificial grass is recyclable, plant-based, and it is the ONLY turf on the market to be USDA-certified.
  • According to the U.S. Drought Monitor, Texas saw its worst early-June drought conditions since 2013.
  • The exclusive features and technologies of SYNLawn synthetic grass work together with our eco-friendly benefits to result in one incredible environmental solution:
    For more information about SYNLawn artificial grass, visit SYNLawn Texas to schedule a consultation or call 210-806-7593 today!

indieDwell Announces its First California Facility

Retrieved on: 
Wednesday, June 15, 2022

BRAWLEY,Calif. , June 15, 2022 /PRNewswire/ -- President of indieDwell, Derek Henderson, today announced that indieDwell, an industry leader in the steel modular housing manufacturing sector, will invest over $2 million to establish its first California manufacturing facility in the City of Brawley. The new 105,000 square foot manufacturing facility and related administrative offices will be constructed by KPRS Construction, project managed by Decro Corporation, and financed by Border Community Capital, Northern Trust Bank, and TransPecos Banks. The town of Brawley successfully competed with other cities and states for the project, which will create approximately 200 jobs when fully operational.

Key Points: 
  • BRAWLEY,Calif., June 15, 2022 /PRNewswire/ -- President of indieDwell, Derek Henderson, today announced that indieDwell, an industry leader in the steel modular housing manufacturing sector, will invest over $2 million to establish its first California manufacturing facility in the City of Brawley.
  • "We are proud to welcome this mission-driven company to Brawley and the state of California and look forward to collaborating with indieDwell and the many local partners involved in this project to build strong, resilient, and sustainable communities."
  • The company currently has a manufacturing facility in Pueblo, Colorado, and one under construction in Newport News Virginia.
  • indieDwell is committed to paying a living wage with full benefits coupled with profit sharing and ownership for all employees.

Lone River Beverage Co. Continues to Pioneer Agave Segment with Launch of New Margarita Style Beverage, Ranch Rita

Retrieved on: 
Tuesday, April 26, 2022

NEW YORK, April 26, 2022 /PRNewswire/ -- Inspired by Far West Texas, Lone River Beverage Company announced today the launch of its new margarita style beverage, Lone River Ranch Rita. Ranch Rita, made with agave nectar and a taste of lime, is a premium take on the canned margarita style beverage, with quality ingredients, fuller flavor and a 6% ABV. The inspiration for Ranch Rita came from Far West Texas where the iconic ranch water and margarita cocktails are rooted in ranching history. Ranch Rita joins the full Lone River portfolio at major retailers nationwide this month. 

Key Points: 
  • 1 Ranch Water hard seltzer are expanding in the agave segmentwith new Ranch Rita now available nationwide
    NEW YORK, April 26, 2022 /PRNewswire/ -- Inspired by Far West Texas, Lone River Beverage Company announced today the launch of its new margarita style beverage, Lone River Ranch Rita.
  • Today, the Lone River Ranch Water brand continues to lead the high growth segment as the No.
  • Lone River Ranch Rita is an extension of this national rollout and will be launched nationwide where Lone River Ranch Water is sold.
  • Lone River Ranch Rita Margarita Style is a fuller flavored, 6% ABV, premium brewed beverage that delivers the indulgent taste of the classic margarita cocktail.

TransPecos Banks Successfully Converts to Nymbus Core

Retrieved on: 
Friday, October 15, 2021

NYMBUS , a leading provider of banking technology solutions, today announced the successful conversion of TransPecos Banks, SSB from its legacy core system over to Nymbus.

Key Points: 
  • NYMBUS , a leading provider of banking technology solutions, today announced the successful conversion of TransPecos Banks, SSB from its legacy core system over to Nymbus.
  • Previously, TransPecos partnered with Nymbus to stand up a separate digital-only brand for expanding TransPecos digital reach and revenue opportunities.
  • TransPecos Banks, SSB is a member of TransPecos Financial Corp., a Texas banking organization with locations throughout the TransPecos Region of West Texas and its corporate headquarters in San Antonio.
  • TransPecos Banks and its employees are proud of the communities in which we live and serve.