Texas Capital Bank Announces Partnership and Financial Commitment to Support Future Bankers Leadership Program at Texas Southern University

Rhea-AI Summary

Texas Capital Bank (TCBI) has committed $100,000 to the Future Bankers Leadership Program at Texas Southern University. This initiative, in partnership with the Texas Bankers Association, aims to enhance diversity in banking by providing formal education, mentorship, and two paid internships for students. Scheduled to launch in Fall 2021, the program prepares students for careers in commercial banking, fostering a more inclusive workforce. Texas Capital Bank emphasizes its commitment to diversity, equity, and inclusion in both its operations and community initiatives.

Positive

• Investment of $100,000 in Future Bankers Leadership Program enhances community relations.
• Partnership with Texas Southern University aims to increase diversity in the banking sector.
• Provides two paid internships, fostering career readiness among students.

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• None.

DALLAS, June 21, 2021 (GLOBE NEWSWIRE) -- Texas Capital Bank, N.A., and its parent company Texas Capital Bancshares, Inc. (NASDAQ: TCBI), collectively referred to herein as “Texas Capital Bank,” today announced that it has committed $100,000 as part of its partnership with the Texas Bankers Association to support the Future Bankers Leadership Program (FBLP) at Texas Southern University. As part of the partnership, Texas Capital will provide guidance to the program through a dedicated executive sponsor who will serve on the Advisory Committee. This partnership also provides an opportunity for two paid internships at Texas Capital for students in the program.

TSU, which is a Historically Black College/University (HBCU) in partnership with TBA has created a first-of-its kind program to introduce students to the banking industry through a formal curriculum, interaction with executive and industry mentors, as well as offer paid banking internships. The program, which will launch in the Fall of 2021, will prepare students to become commercial bankers and aim to deliver a pipeline of diverse students with the necessary skills to succeed in the banking industry.

“We are thrilled to support Texas Southern University in its efforts to create equal opportunities for HBCU students to pursue banking careers,” said Effie Booker Dennison, executive vice president, Director of Community Development and Corporate Social Responsibility. “At Texas Capital Bank, we are committed to addressing diversity, equity, and inclusion within our company and in our communities. TSU’s program will provide students with a competitive edge as they enter the field of commercial banking, while also creating a more diverse and therefore stronger banking industry.

"TBA remains committed to developing talent pipelines which support the needs of our member banks and proactively advance our efforts to embrace diversity and inclusion,” said Brent Cox, vice president of member relations at the Texas Bankers Association. “We are extremely pleased to be working with Texas Capital Bank towards this important initiative at Texas Southern University."

About Texas Capital Bancshares, Inc.

Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, N.A. a commercial bank that delivers highly personalized financial services to businesses and entrepreneurs. We are headquartered in Dallas, Texas, and work with clients across the country. For more information, please visit www.texascapitalbank.com. Member FDIC.

FAQ

What is Texas Capital Bank's recent investment related to TCBI?

Texas Capital Bank announced a $100,000 investment in the Future Bankers Leadership Program at Texas Southern University.

When will the Future Bankers Leadership Program launch?

The Future Bankers Leadership Program is scheduled to launch in Fall 2021.

What opportunities does the partnership with Texas Southern University provide?

The partnership offers formal education, mentorship, and two paid internships for students in the program.

How does Texas Capital Bank aim to address diversity and inclusion?

Texas Capital Bank is committed to improving diversity, equity, and inclusion through community programs and partnerships.