12/17/2023 0 Comments Aim bank lubbock texasMickey Travis, a director of Platinum Bank, added that "AimBank is a natural partner for Platinum Bank because AimBank understands our local market, offers a broad range of financial delivery systems to meet customers' growing needs, and shares an unwavering service commitment to customers, associates, communities and shareholders. AimBank also mirrors the same commitment of supporting our local communities as Platinum Bank." "AimBank will bring technology enhancements, increased lending capabilities, and a wider trade area. "The advantages of joining AimBank for our existing customers are exciting," said Lee Gaskamp, CEO of Platinum Bank. The Platinum Bank acquisition provides a great value for our shareholders, expanded opportunities for our employees, and enhances the services for our customers." "AimBank is committed to the growth in our communities through helping local businesses stay viable and strong. "These are exciting times for AimBank as it provides us more opportunities to serve our communities," remarked Scott Wade, CEO of AimBank. The Platinum Bank acquisition furthers AimBank's vision of expanding our market share in West Texas. AimBank currently maintains 18 full-service locations in the Panhandle, South Plains, Permian Basin and Big Country regions of Texas. Platinum Bank currently has locations in Levelland, Lubbock, and Odessa, Texas with approximately $219.3 million in total assets. and its wholly-owned subsidiary, Platinum Bank.įollowing completion of the pending acquisition, which is subject to customary shareholder and regulatory approval, AimBank is expected to have over $1.3 billion in total assets, $950 million in total loans and $1.1 billion in total deposits. AimBank is proud to announce that its parent bank holding company, AIM Bancshares, Inc., has entered into a definitive agreement to acquire Platinum Bancshares of Texas, Inc.
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