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Corporate Profile Nexity Financial Corporation was incorporated in Delaware on March 12, 1999 and is headquartered in Birmingham, Alabama. Nexity Financial operates a wholly owned subsidiary bank, Nexity Bank, with its main office in Birmingham, Alabama and correspondent banking offices in Atlanta, Georgia, Columbia, South Carolina, Dallas/Fort Worth, Texas, Myrtle Beach, South Carolina and Winston-Salem, North Carolina. Nexity's business focus is to grow assets through an extensive asset generation strategy, offer correspondent banking services to community banks and utilize the Internet to offer attractive products to depositors. Our company's management has an extensive banking background in the areas of lending, correspondent banking and fixed income investment services. The use
of the Internet provides an efficient distribution channel for serving
deposit customers across the United States. Nexity uses the Internet to
provide
certain advantages to customers desiring to purchase financial products with
typically more attractive rates than traditional banking channels and easy
access to account and product information. Deposits can be accepted in our
Birmingham office only. If you are interested in opening an account,
please access the Account Application at www.nexitybank.com or call us
toll free
at 1-877-738-6391. With assets of over $957 million, Nexity serves over 21,000 customers in all 50 states in the United States and 20 different countries. Nexity's senior management team has an aggregate of over 120 years experience in both banking and technology to implement its objective of becoming a leading provider of financial services.
March 12, 1999: Nexity Financial incorporates as GIBC, Inc. March 26, 1999: Corporation's name changes to Nexity Financial Corporation. November 1, 1999: Nexity Financial acquires all of the outstanding common stock of Peoples State Bank, Grant, Alabama. January 5, 2000: Peoples State Bank's name changes to Nexity Bank, and the main office relocates to Birmingham, Alabama. The branch in Grant, Alabama continues to operate as a traditional bank under the name "People's State Bank." January 5, 2000: Nexity Bank receives approval from the FDIC to commence Internet Banking operations and begins operations from its Birmingham, Alabama office. February 22, 2000: Nexity Bank begins Internet operations. June 30, 2002: Nexity Financial Corporation concluded its fourth consecutive quarter of profitability.
Nexity Financial Corporation
300 ParkBrooke
Place 950 48th Avenue North 611 South
Main 3200 Beechleaf
Court, Suite 100 200 Woodland
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