Triumph of Collaboration: BHB Fund Welcomes Legend Bank, Texas First Bank, and National Bank & Trust
FOR IMMEDIATE RELEASE
AUSTIN, TX - September 15, 2023 - The BHB Fund, distinguished for its groundbreaking approach to venture capital, proudly announces the addition of three more community bank investors to its expanding bank investor network. Legend Bank, Texas First Bank, and National Bank & Trust have joined forces with BHB Fund, further solidifying its position as the vanguard of investment excellence in today's rapidly evolving market. |
BHB Fund, an exceptionally unique and innovative venture capital firm within the industry, is not your typical investment vehicle. What sets BHB Fund apart is its unrivaled assembly of data experts and technology maestros with an unrivaled network for distribution. A data-driven approach with the team’s collective expertise precedes them in identifying and nurturing the most promising technology companies.
"In these dynamic times, we are thrilled to welcome Legend Bank, Texas First Bank, and National Bank & Trust as strategic investors in our journey," exclaims Dave Mayo – Founder of Bankers Helping Bankers and a Partner/Advisor at BHB Fund. "Their decision to invest in BHB Fund shows the trust they place in our exceptional team, our robust network, and our unyielding commitment to innovation."
This momentum of gaining investors, one after another, underscores the trust placed in BHB Fund's ability to curate a portfolio of new technology companies that are unmatched regarding relevance, stability, and readiness. It signifies a resounding vote of confidence in BHB Fund's unwavering commitment to delivering exceptional returns in an ever-evolving landscape.
In an era where banks are seeking prudent avenues to deploy capital amid market uncertainties, BHB Fund offers a beacon of assurance. Investing in the BHB Fund is not just a financial decision; it’s an investment in a cohesive and rock-solid network, and most importantly, in the future of community banking and we're delighted to empower these visionary institutions with opportunities that will define the future of finance.
BHB Fund welcomes Legend Bank, Texas First Bank, and National Bank & Trust to its network and looks forward to the prosperous journey ahead, fueled by innovation and strategic investment decisions.
For more information about the BHB Fund, please visit https://www.bhbfundvc.com/
About the BHB Fund: The BHB Fund is a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT) and FedFis. Latitude38 Venture Partners was launched in 2022 by General Partners Neeraj Vohra and Richard Leggett who bring extensive investing and operating experience. Camden Fine, former President and CEO of the Independent Community Bankers of America (ICBA), serves as a Venture Partner at the BHB Fund along with Christopher Williston - CEO of IBAT, and Dave and Tanner Mayo – CEO and President of FedFis. The BHB Fund is affiliated with the Bankers Helping Bankers Network, launched in 2021 as a collaboration between FedFis and IBAT. The BHB Fund is a fintech-focused venture capital fund “for banks, by banks” that was created to provide community banks with a dual set of benefits: (i) exposure to a diversified portfolio of FinTech investments that improve the competitiveness and efficiency of banks; and, (ii) the potential to earn outsized venture capital returns that are uncorrelated to traditional bank operations.
About Legend Bank:
Legend Bank, founded in 1890 as First National Bank in Bowie, Texas, is a community bank known for its unwavering commitment to customer service and community support. Serving customers for over 133 years, Legend Bank is dedicated to enriching the lives of its stakeholders by providing legendary financial services and resources.
About Texas First Bank:
Texas First Bank established in 1973, has grown from a single banking center to a network of 27 branches across seven counties in Southeast Texas. Their unwavering commitment to community banking and their mission statement, "Helping Texans Build Texas™," reflect their dedication to providing exceptional service and support to their local communities. Texas First Bank celebrates its 50th year of service in 2023 and continues to innovate while holding true to its core values of fairness and integrity. Member FDIC.
About National Bank & Trust:
National Bank & Trust combines modern solutions with classic service to provide our customers with a clear path toward reaching their financial goals. Chartered in 1888, NBT is a full-service bank headquartered in La Grange, Texas, and has been a major contributor to the development and expansion of the local community and businesses for more than 135 years.
Media Contact:
Rachel Hernandez
[email protected]
"In these dynamic times, we are thrilled to welcome Legend Bank, Texas First Bank, and National Bank & Trust as strategic investors in our journey," exclaims Dave Mayo – Founder of Bankers Helping Bankers and a Partner/Advisor at BHB Fund. "Their decision to invest in BHB Fund shows the trust they place in our exceptional team, our robust network, and our unyielding commitment to innovation."
This momentum of gaining investors, one after another, underscores the trust placed in BHB Fund's ability to curate a portfolio of new technology companies that are unmatched regarding relevance, stability, and readiness. It signifies a resounding vote of confidence in BHB Fund's unwavering commitment to delivering exceptional returns in an ever-evolving landscape.
In an era where banks are seeking prudent avenues to deploy capital amid market uncertainties, BHB Fund offers a beacon of assurance. Investing in the BHB Fund is not just a financial decision; it’s an investment in a cohesive and rock-solid network, and most importantly, in the future of community banking and we're delighted to empower these visionary institutions with opportunities that will define the future of finance.
BHB Fund welcomes Legend Bank, Texas First Bank, and National Bank & Trust to its network and looks forward to the prosperous journey ahead, fueled by innovation and strategic investment decisions.
For more information about the BHB Fund, please visit https://www.bhbfundvc.com/
About the BHB Fund: The BHB Fund is a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT) and FedFis. Latitude38 Venture Partners was launched in 2022 by General Partners Neeraj Vohra and Richard Leggett who bring extensive investing and operating experience. Camden Fine, former President and CEO of the Independent Community Bankers of America (ICBA), serves as a Venture Partner at the BHB Fund along with Christopher Williston - CEO of IBAT, and Dave and Tanner Mayo – CEO and President of FedFis. The BHB Fund is affiliated with the Bankers Helping Bankers Network, launched in 2021 as a collaboration between FedFis and IBAT. The BHB Fund is a fintech-focused venture capital fund “for banks, by banks” that was created to provide community banks with a dual set of benefits: (i) exposure to a diversified portfolio of FinTech investments that improve the competitiveness and efficiency of banks; and, (ii) the potential to earn outsized venture capital returns that are uncorrelated to traditional bank operations.
About Legend Bank:
Legend Bank, founded in 1890 as First National Bank in Bowie, Texas, is a community bank known for its unwavering commitment to customer service and community support. Serving customers for over 133 years, Legend Bank is dedicated to enriching the lives of its stakeholders by providing legendary financial services and resources.
About Texas First Bank:
Texas First Bank established in 1973, has grown from a single banking center to a network of 27 branches across seven counties in Southeast Texas. Their unwavering commitment to community banking and their mission statement, "Helping Texans Build Texas™," reflect their dedication to providing exceptional service and support to their local communities. Texas First Bank celebrates its 50th year of service in 2023 and continues to innovate while holding true to its core values of fairness and integrity. Member FDIC.
About National Bank & Trust:
National Bank & Trust combines modern solutions with classic service to provide our customers with a clear path toward reaching their financial goals. Chartered in 1888, NBT is a full-service bank headquartered in La Grange, Texas, and has been a major contributor to the development and expansion of the local community and businesses for more than 135 years.
Media Contact:
Rachel Hernandez
[email protected]
Source: FI FinTech Newsroom