Extraco Corporation

Extraco Corporation, the parent of Extraco Banks, operates about 15 branches in central Texas. Serving consumers and business customers, the bank offers insurance, trust services, and investments in addition to traditional fare like deposits, loans, and mortgages. Commercial and residential mortgages account for a majority of its loan portfolio. Through its Extraco Technology division, the company provides information technology services to small businesses. The regional bank was founded in 1902 as Exporters and Traders Compress & Warehouse, for which Extraco is an acronym. It was originally a cotton compress and warehousing businesses before it moved into the financial services game.To read the full description,subscribe now.