SBT Launches New Corporate Branding and Website

May 01, 2023

State Bank of Texas^® (SBT) opened for business on Black Monday, the day the stock market crashed on October 19, 1987. Overcoming those odds, SBT has become America’s leading hospitality lender and one of the nation’s most successful community banks.

In celebration of its 36th anniversary, SBT today unveiled its new corporate logo and a modernized website that reflect SBT’s commitment to the hotelier community, business community, and their local community. The website also has secure functionality to allow customers to open accounts, make payments, and safely manage their finances. It also features the bank’s current Certificate of Deposit and Money Market rates, as well as current openings for employment.

SBT has been family owned and operated since 1987, and continues to lead the banking and hospitality industries today by combining good business and good family values. SBT consistently ranks at or near the top of the nation’s community banks for metrics such as Return on Average Assets (ROA) and Efficiency Ratio for banks in its asset size category.

“SBT is incredibly excited about our new company branding,” said President Sushil Patel. “As we usher in a new generation of leadership at SBT, our new look reflects the enhanced offerings we bring to today’s lending and deposit customers.”

State Bank of Texas was founded in 1987 by hotelier Chan Patel and continues to be owned and operated by the Patel family, with Chan Patel (father) serving as CEO, Sushil Patel (son) as President, and Rajan Patel (son) as Chief Lending Officer and EVP. As the largest Indian-American-owned bank in the U.S., the bank focuses on lending within the hospitality industry.

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