Moody Bank is proud to share that its President and CEO, Victor R. Pierson, has been elected to the board of directors of the Federal Reserve Bank of Dallas by its member banks.
Moody Bank is pleased to announce that Katherine Rodriguez has been honored as a 2024 Distinguished Alumna by the University of Houston-Clear Lake (UHCL). This award celebrates graduates who have made substantial contributions to society and who exemplify professional and personal achievements that bring honor to the institution.
As a trusted bank in Texas offering business security services, we wanted to take the time to offer practical fraud prevention tips for businesses. In this post, we’ll discuss ways to minimize your risk, from understanding common risks to utilizing treasury management tools and bank services to protect your business.
Key takeaways and strategies for the market and returns.
Equity markets continued pushing through all-time highs in the third quarter, as economic growth remained resilient, and the Fed began their normalization of interest rates.
Moody Bank has been recognized as the Best Bank for the third consecutive year and Best Financial Advisor for the second consecutive year.
Crypto investment scams, commonly referred to as "pig butchering" by scammers, cost consumers billions of dollars. Criminals befriend people to entice them to make crypto investments through phony apps and websites.
Moody Bank’s President and CEO, Victor Pierson, has been named one of Houston Business Journal’s Most Admired CEOs for 2024.
Texas leads the rest of the country in headquartered Fortune 500 companies. Have you been thinking of joining them, or of expanding your existing business in Texas? In this article, we’ll look at the benefits of doing business in Texas, signs that it’s the right time to expand, and how to execute a successful expansion or relocation.
Houston Business Journal named Moody Bank a top wealth management firm as part of its annual Wealth Management Book of Lists. Moody Bank came in at number two among 20 Houston-area private/family wealth management firms, with minimum investment under $1M.
The Office of the Attorney General (OAG) has recently issued an alert regarding a deceptive and unethical practice by Texas UCC Statement Services. Numerous complaints have been filed against this company for sending misleading mailers to collect money unnecessarily from consumers.
Every day, regular people like you lose their hard-earned money to online phishing scams. Don’t fall for fake — learn how to spot shady texts, emails, and phone calls by knowing the things your bank would never ask.
As the cost of living continues to rise, many people are looking for ways to supplement their income or look for an additional source of income. Cue “side hustles.” In this article, we’ll share what a side hustle is, why people start a side hustle, side hustle options, and how best to invest or save the money you’ve earned via your side hustle.
Key takeaways and strategies for the market and returns.
Equity markets continued pushing through all-time highs in the second quarter, as economic growth remained resilient and financial markets began to anticipate the Fed cutting rates in 2024 and beyond.
Moody Bank was recognized by Houston Business Journal at the 2024 Best Family-Owned Business Awards as a large company honoree.
Are you considering investing in real estate? Owning a rental property can be a rewarding way to earn extra income and build wealth. In this article, we’ll share what you need to know about buying an investment property in Texas including your options for property types, how to select an investment property, what to budget for, and more.
Person-to-person apps offer convenient solutions to many day-to-day transaction trifles, but they can also be targets for both local scammers and international cyber criminals alike. And for many apps, it can be next to impossible to recover lost money once you tap “send.” Fortunately, there are steps you can take to ensure your accounts are protected and your funds remain safe.
GALVESTON, TEXAS – Moody Bank is delighted to announce the appointment of two distinguished professionals to its Board of Directors.
Key takeaways and strategies for the market and returns.
Equity markets staged a historic rally in the first quarter, as economic growth surprised to the upside and financial markets began to anticipate the Fed cutting rates in 2024.
Although tax scams can happen year-round, the volume picks up between January and April each year. As taxpayers are collecting documents and waiting for W-2s to arrive, scammers are busy trying to steal your identity and cheat you out of your hard-earned money. In this article, we’ll cover six common tax scams to watch out for this year.
Many individuals are striving to increase their savings, whether saving for a big purchase like a home, for retirement, or just for a rainy day. In this blog we’ll offer some of our best, easy tips on how to reduce monthly costs, from saving more money on utilities to reducing your food and dining expenses.
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with tips and information to help consumers protect themselves when using mobile payment apps and services. As the popularity of person-to-person payment apps and services has soared, fraudsters are increasingly attempting to use the services to scam victims.
When it comes to community engagement, using your business to support local causes can be personally gratifying as well as helpful to getting your name out there. In this article, we’ll cover 7 ways to get involved with local events and organizations.
Key takeaways and strategies for the market and returns.
Equity markets staged a historic rally in the fourth quarter, as economic growth surprised to the upside and fixed income markets began to anticipate the Fed cutting rates in 2024.
KPIs—key performance indicators—are metrics that display the health of your company and its progress toward its goals. There are dozens of KPIs businesses use, and each one has its own value based on what you want to measure or better understand about your business.
We’re here to tell you everything you need to know about FDIC insured bank accounts so that you can make the smartest decisions about your hard-earned finances.
Key takeaways and strategies for the market and returns.
Equity markets sold off in the third quarter, as economic growth surprised to the upside and capital markets began to factor in higher interest rates for longer.
Unfortunately, people fall victim to scams every day. The more you know about common scams, the easier it is to spot one and save yourself or a loved one from getting tricked. Keep reading to learn about bank and financial scams to be aware of.
Moody Bank is available to assist should you feel impacted by the possible government shutdown.
GALVESTON – Moody Bank ranked among Galveston County's best banks and financial advisors in The Daily News Readers' Choice 2023.
Moody Bank’s Dani Hensley has been featured as a “Pillar” of the New Braunfels community and spotlighted in the October 2023 edition of New Braunfels Monthly.
If you’re like most homeowners, you keep a mental list of the home projects you’d like to start next. Check out this list of seven popular improvements to increase your home value.
Houston Business Journal named Moody Bank a top wealth management firm as part of its annual Wealth Management Book of Lists for the second consecutive year. Moody Bank came in at number one among 25 wealth management firms and practices, investment minimum under $1 million.
Moody Bank’s Hanna Holliday and Jessica Karigan have been selected by the Galveston County Daily News. The Class of 2023, which includes men and women, are being honored for making a difference in their professions and giving back to the local community.
Key takeaways and strategies for the market and returns.
Equity markets staged a historic rally in the second quarter, as inflationary numbers continued easing off the peak inflation experienced during last summer and as economic growth surprised to the upside.
When it comes to running a business, the more efficiency you can create around routine tasks such as accounting, the more time you’ll have to focus on the core products or services your business offers. As your one-stop bank for business accounts, loans, and more, Moody Bank is pleased to offer Autobooks for businesses, a convenient solution for payment processing, invoicing, and other accounting tasks.
As seasons change, so do your business needs. Is your small business ready for summer? Whether the warmer months mean a ramp-up or slowdown in business, these tips for small business owners will help your business have its best summer season yet.
Learn more about FDIC coverage limits using the calculator and reviewing frequently asked questions.
Moody Bank is pleased to offer Early Pay to our customers–keep reading for everything you need to know about Early Pay, how it works, and what the benefits are.
Key takeaways and strategies for the market and returns.
Equity markets continued to rally in the first quarter, as inflationary numbers showed the first signs of easing off the peak inflation experienced during the summer and as the stock market positioned for the fed to begin easing rates by the end of the year; despite the fed giving no indication of rate cuts in 2023.
As more and more online-only, or digital, banks pop up, you may be wondering what digital banks are and how they differ from traditional brick-and-mortar financial institutions. Keep reading to learn more about digital banks, digital banking, and the important distinctions between traditional and digital banks.
Executives of financial institutions in Galveston County this week were working to calm jitters among their customers after two of the biggest bank failures since 2008 shocked the industry in a matter of days.
Much ink has been spilled about inflation’s impact on your budget. However, inflation also affects investors. If you’re wondering what to invest in during inflation, this article will offer tips and strategies for inflation investing and the best investments during inflation.
Moody Bank’s Debbie Williams has been presented as one of ten women in the Galveston County Daily News inaugural class of Women of Influence.
Are you looking for the best ways to save money this year? Saving money is a popular new year’s resolution. Whether you’re working towards a specific goal, saving for retirement, or just want to build your emergency savings, these 8 tips for saving money each month will help you end the year in a stronger financial position.
Key takeaways and strategies for the market and returns.
The bear market in equities rallied in the fourth quarter, as inflationary numbers showed the first signs of easing off of peak inflation experienced during the summer.
Financing can make or break even the most successful Texas business. Whether you are an established name in Houston or a startup venture in Austin, there are times when cash flow can slow to a trickle. Opening a business line of credit ensures that funds are quickly accessible when you need them, and, unlike a traditional loan, you will not pay interest unless you use them. You have worked hard to build your business, safeguard it with a line of credit from Moody Bank.
EFT (Electronic Funds Transfer) and ACH (Automated Clearing House) payments are two of the most commonly conflated financial terms. Knowing what sets apart ACH banking from other forms of electronic payment is important. In this post we’ll define each term, discuss how to make an ACH payment, and when using ACH transactions—over other forms of EFT payments—makes the most sense. Keep reading to learn more!
A 100-year-year old baker received World Series tickets earlier this year when a prominent banker read a Daily News article about his birthday.
With cybercrime and data breaches constantly in the news, many of our small business partners wonder: how do I protect my business from rampant fraud? And small businesses are right to be concerned; Unfortunately, they are three times more likely to be the targets of cyber criminals than their larger counterparts.
Key takeaways and strategies for the market and returns.
The bear market in equities further intensified in the third quarter, as the fed’s interest rate hiking cycle and tightening of financial conditions increased recessionary probabilities.
Online scams aren’t so scary when you know what to look for. At Moody Bank, we’re committed to helping you spot them as an extra layer of protection for your account. We’ve partnered with the American Bankers Association and banks across the country in a nationwide effort to fight phishing—one scam at a time.
GALVESTON – Moody Bank ranked among Galveston County's best banks in The Daily News Readers' Choice 2022.
Whether you’re trying to figure out how to pay for tuition, housing, or even your textbooks, knowing how to manage your money effectively can save you plenty of headaches. We’re here to share our top finance tips for college students, from student loans to learning how to build credit that can help you in the years after your graduation.
Houston Business Journal named Moody Bank a top wealth management firm as part of its annual Wealth Management Book of Lists. Moody Bank came in at number one among 25 wealth management firms and practices, investment minimum under $1 million.
From Houston to Austin, Texas is a great place to start your own business. But as the old saying goes, sometimes you need to spend money to make money. So how do you go about financing a small business in the Lone Star State?
When school breaks for summer, many families find themself battling to find balance between work, family time, and well-earned vacations. Filling the kids’ time is often a combination of expensive summer camps, daytime excursions, and family trips. Before you know it, your credit card bill is sky high and there are still weeks to fill before Labor Day. This summer, find ways to maximize your family fun while minimizing the strain on your bank account. With a little strategic planning, you can have a fun, memorable summer without breaking the bank.
If you’re looking to finance a new home build in Texas, there are plenty of pros and cons to consider. With house prices in the state continuing to rise, now is a great time to think about home building loans or even making significant renovations to an existing property.
If you’re still undecided about which option is right for you, this guide is here to help you understand more construction and renovation loans in Texas, and how you can make the best decision for your situation.
Donating to charitable organizations is something that many of us want to do throughout the year. In fact, Americans gave more than $470 million to charities in 2020 alone. But making monetary charity contributions isn’t the only way that you can support causes that matter to you and your family.
We’re all used to seeing our energy bills fluctuate month-to-month but finding new ways to become more energy-efficient helps to reduce monthly expenses on your home utilities. Cheaper costs allow you to keep more of your hard-earned cash for other means, like taking a vacation or paying off your mortgage faster.
Moody Bank’s Katherine Rodriguez has been appointed by the Dallas Fed to the Community Depository Institutions Advisory Council. She is among 6 other new members, which include chairmen, chiefs, executives, and presidents from various financial institutions.
Tax season comes around quickly every year and, before you know it, it’s time to put your documents together and get your taxes filed. Whether you’re working on everything yourself or getting help from a professional, preparing early is the key to a less stressful tax season.
Not sure where to start? We’re here to give you all the details to consider as you prepare for tax season in Texas, from the essentials to types of tax breaks that could save you money this year.
Moody Bank’s services in the Bay Area were recognized by Bay Area Houston Magazine at the 2022 Best of the Bay Awards.
With the average interest on home mortgage loans in Texas rising from 3.22% to 3.45% over the last year, it might be time to consider taking care of that large debt once and for all. Take a look at our top tips for how to pay off a mortgage early and why this strategy can make such a big difference to your financial life.
When something like stock market volatility makes you feel like you’re leaving everything to chance, there are ways that you can help your business to weather the storm. In fact, across Texas, advocates for independent businesses are fighting to protect your rights and pass legislation to stabilize and rebuild small businesses in the wake of COVID-19.
Holiday shopping is challenging enough. Lucky for you, we've provided 12 suggestions for shopping, saving, and budgeting to prepare for this holiday season and do things differently next year.
Whether you’re trying to get a new company off the ground or simply looking for ways to cut back on your expenses, these business money saving tips will help you to enjoy more of your hard-earned profit.
Meet the man who's navigated Galveston's largest bank through hurricanes, floods and now, a pandemic.
Houston Business Journal
Treasury Management services can streamline business finances and optimize your business’s liquidity, while also mitigating its financial, operational, and reputational risk.
Things to know about online banking during COVID- 19.
Moody National Bank today announced that the Bank has entered into a Branch Purchase and Assumption Agreement to purchase the Clear Lake, Texas branch of Spirit of Texas Bank, SSB.
GALVESTON, TX – Vic Pierson, President and Chief Executive Officer of Moody Bank, has been appointed by University of Texas Medical Branch President ad interim Dr. Ben Raimer to serve as Chair of the President’s Cabinet through January 2022. In this role, Pierson will work directly with the UTMB President and the UTMB Development Office to determine and accomplish Cabinet goals. Pierson joined the President’s Cabinet in 2004.
Moody Bank is proud to announce the promotion of Michael Lerner to Chief Development Officer. In his new role, Lerner will also serve as a member of the Bank’s management team.
The SBA Paycheck Protection Program (PPP) opened just over a week ago on Friday, April 3, 2020. Despite unclear direction from the SBA and many questions left unanswered at the time of launch, our team has worked tirelessly to service our customers seeking PPP funding. As of close of business Friday, April 10, we have over 400 PPP loan applications totaling over $76 million in requested funding in our pipeline. We received clearer guidance and began funding these PPP loans late in the week.
We are living in unprecedented times as we face a new normal, distanced from friends and family, many of us fearful of the unknown. Information on the coronavirus pandemic changes constantly. There is no doubt this is uncharted territory, but we are confident in the strength of Moody Bank and our ability to weather the storm.
Moody Bank announces a loan program to assist individuals and businesses impacted by the COVID-19 coronavirus pandemic. Victor Pierson, Moody Bank President and CEO, said, “In a time when the world faces more uncertainty than ever, we want you to know that Moody Bank is here for you. Our mission to build long-lasting customer and employee relationships by living our core values of respect and delivering excellent financial services is more important today than ever before.”
Moody Bank continues to monitor the rapidly evolving COVID-19 coronavirus outbreak. We promise to keep our customers, employees and community informed and up to date as new information emerges.
As information about the COVID-19 (Coronavirus) outbreak continues to evolve, keeping our customers and employees safe remains our top priority. We want to ensure you that our leadership team continues to monitor the outbreak and will make any necessary adjustments as new information arises. Our goal is to continue providing uninterrupted service to our customers while following recommendations from local and national health authorities.
Moody Bank’s Financial Services Sales Director Graduates in 60th Class of Southwestern Graduate School of Banking with Recognition for Leadership
New look and messaging reflect community bank’s services, goals, values