Frost to Add 17 Texas Banking Centers

Frost Bank will follow up on its expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the region by 2026.

The company expects the expansion will further strengthen Frost’s position in the Austin region, the third-largest deposit market in Texas, where it already ranks fourth in market share with more than $5 billion in deposits. The company said year-to-date net new customer growth in 2023 was running 25% higher than the previous record for that same period.

Frost already has 17 financial centers and nearly 350 employees in its Austin region. It also has the largest ATM network in the state of Texas which includes over 140 ATMs in the area. The company expects that the expansion will lead to the creation of more than 170 new jobs at Frost in the Austin market and the opening of 17 new financial centers. The first of the new locations opened in May in South Austin in the heart of the I-35 corridor.