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 national bank, moody, national and/or bank:

    The progress
    Is permanent like the preordained bulk
    Of the First National Bank
    Like fish sauce, but agreeable.
    John Ashbery (b. 1927)

    Without, the frost, the blinding snow,
    The storm-wind’s moody madness—
    Within, the firelight’s ruddy glow,
    And childhood’s nest of gladness.
    The magic words shall hold thee fast:
    Thou shalt not heed the raving blast.
    Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)

    Ignorance, forgetfulness, or contempt of the rights of man are the only causes of public misfortunes and of the corruption of governments.
    —French National Assembly. Declaration of the Rights of Man (drafted and discussed Aug. 1789, published Sept. 1791)

    on a May morwening upon Malverne hilles
    Me befel a ferly, of fairye me thoughte;
    I was wery ofwandred and wente me to reste
    Under a brod bank by a bournes side;
    And as I lay and lenede and lookede on the watres,
    I slomerede into a sleeping, it swyede so merye.
    William Langland (1330–1400)