DEI and ESG free banks operating in Texas

Various websites, Texas Department of Banking ^ | 6/10/23 | Wallace T.

[Wallace T.]

In an age where big banking is a handmaiden of big government, the mainstream media, and leftist investors, conservatives and Christian should be aware that their funds are going to banking firms that do not reflect their values.

Taking the 50 largest banks operating in Texas, based on Texas Department of Banking data for March 31, 2023, below are listed banks whose websites do not cover Environmental, Social, and Governance issues, Diversity, Equity, and Inclusion, and other leftist initiatives.

Southside Bank, Tyler
Plains Capital Bank, Dallas
Independent Bank, McKinney
NexBank, Dallas
Stellar Bank, Houston
Woodforest National Bank, Fort Worth
International Bank of Commerce, Laredo
Amarillo National Bank
Beal Bank, Plano
TBK Bank, Dallas
American National Bank of Texas, Terrell
Centennial Bank, Conway, Arkansas
Vera Bak, NA, Henderson
First National Bank of Texas, Killeen
Inwood National Bank, Dallas
Texas Bank & Trust, Longview
Vantage Bank, San Antonio
Guaranty Bank & Trust, Mount Pleasant
Lone Star National Bank, Pharr
TIB, NA, Farmers Branch (banker’s bank)
Texas Regional Bank, Harlingen
Jefferson Bank, San Antonio

[Wallace T.]

Words to conservative and Christian Texans who want to borrow and invest with banks that are not their enemies.

[Jane Long]

That’s it???

Those are the ONLY ESG free banks, in TX??

Thx.

[Wallace T.]

No, I just covered the 50 largest banks by deposits. There are 472 banks operating in Texas, plus credit unions. It is likely that the smaller the bank, the more likely it is not to have ESG or DEI policies.

[joma89]

Thanks for posting.

[Wallace T.]

Larger institutions, certainly the megabanks like JP Morgan Chase and Wells Fargo, and even larger regionals like Frost and BOK, tend to be driven by significant investors with leftist investment companies like Black Rock and Vanguard.

[thecodont]

Wonder if there is a similar list for California banks.

[crusty old prospector]

Mine is first on the list.

[ptsal]

Thanks

[ConservativeInPA]

I saw a video the other day from Vivek Ramaswamy. He basically said that it a once in a generation opportunity for business to produce American made goods and services without all the ESG and identity politics crap. I have to agree with that. It’s definitely high in my purchasing decision making.

I should note that I am not interested in virtue signaling from any political bent. Make an excellent product here in America and sell it at a decent price. Then keep your mouth shut about everything else. I don’t want donations to charities, special interest groups or politicians with the dollars I spend. Lower your prices instead. I will donate based on my beliefs.

[Wallace T.]

You could create one using your state’s banking department website or the FDIC web site.

[Wallace T.]

Of course, being ESG and DEi free is not the same as good management. Most of the bank failures in the 1980s and the 2008-11 period involved banks with no political agenda. However, two of the three really big failures earlier this year involved regional banks, like Silicon Valley Bank and Signature Bank, had strong affiliations with leftist investors, were very woke, and contributed heavily to the Democrats.

[Sequoyah101]

Prosperity Bank of Texas not listed. Disappointing but expected. Look at their web site front end.

This week I received advertisement in the mail from four very local establishments. The glossy type stuff on heavy paper kinds of stuff you get in the mail. This area is predominantly rural, conservative and white save for the significant “American Indian” representation that also look mostly white to me but never met a handout they didn’t like. Just about zero blacks, nearly zero latinos, nearly zero with dreadlocks but a lot with beards and people that don’t know you are not supposed to wear your pajamas and fuzzy bunny house shoes to town though.

Anyway, all four of these local advertisements featured happy black or mixed race, but no whites, groups enjoying the benefit of their local bank, rural electric provider, internet provider or trash service. The whole stinking DIE affair is everywhere and nobody seems to have sense enough to piss on it anywhere.

It would seem that all blacks would be at full employment to pose for promotional photos or be in other brands of media advertisement since any observer would be led to believe that is the only race of people now on the planet who consume anything.

[MachIV]

I happen to notice the otherday in a commons area of the company I have worked for for a little over a year a scrolling marque of “ who’s who” within the company and on it was listed a director of a particular dept. and on the individual’s bio was listed proudly some involvement and implementation of DEI.

It has been a good year for me there but it will probably go south with someone like that making decisions impacting nearly everyone in the company.

[ConservativeMind]

The Beal Bank owner was/is a huge Trump fan.

[Wallace T.]

Local businesses usually buy ads from agencies based in one of the larger cities. The agencies are filled with people from the North or California or, sad to say, native Texans who had their brains washed at one of our colleges.

As for the Hispanic population, I noted that none of the larger Valley banks touched DEI or ESG.

As much as I despise places like Vermont, at least the leftists there kept a lot of big box stores out. Wal Mart and the like killed small town retail.

The best strategy, whether in banking or not, is to avoid the national chains, with a few exceptions like Lowe's.

[Wallace T.]

Andrew Beal is a businessman straight out of the pages of an Ayn Rand novel, one of her heroes.

[Wallace T.]

The Beal Bank website did not have the charitable contributions to nonprofits, like the local food bank, that most of the “clean” banks had.

[blackdog]

I just got 5.06% on checking money market account. Bull-$hittery ESG free. (NO toaster or blender though yet)

[Night Hides Not]

I have been a member of the Credit Union of Texas for over a year. I haven't seen any acknowledgement of the Alphabet People.

All I know is that this CU rocks! Great service, great programs. I have moved all of my financial accounts to CUTX, save for a small stock account I rekindled earlier this year.

They just started a savings account that's tied to your debit card. When I make a purchase, they round up to the next dollar, and deposit the difference in a separate account. When it reaches $240, they'll add another $120. It's the little things that count.

[HollyB]

Good to know! Thanks!