"Financial literacy is a serious challenge facing our city," said Mayor Rawlings. "The Mobile Center can provide important access to the fundamentals of household finance, helping to build a solid foundation for growth and prosperity across Dallas."The Mobile Center, with two cash-dispensing ATMs and satellite television, will also be dispatched to assist in disasters with the American Red Cross of North Texas, with whom Texas Capital Bank is already a corporate partner. The interior of the truck can be used for support and counseling. "We have a proud history of recovering from disasters in North Texas and Texas Capital Bank's Mobile Center will help us do just that," said Mr. Rhodes. "Congratulations to Texas Capital Bank for being ready if and when disaster strikes." A study last year by FINRA, a quasi-governmental organization that regulates brokers and Wall Street, showed that nearly two-thirds of Americans couldn't pass a basic financial literacy test. What's more, the percentage of those who can pass the test has fallen consistently since the financial crisis. "We can support our communities in many ways," said Texas Capital Bank Director of Community Development Effie Dennison. "But as bankers we have a special obligation to lead the way on financial literacy, and it's an issue in which we can and should be especially impactful." The exterior of the 40-foot-long, 14-foot-high Mobile Center features the two ATMS, including one that will accept deposits. The interior includes an undulating counter, tables and flat-screen TVs on the walls linked to a satellite atop the vehicle as well as digital tablets to deliver the financial literacy curriculum. In time, the Mobile Center is expected to offer many of the same services of a traditional Texas Capital banking center, such as helping customers with basic transactions like balance inquiries, cashing and depositing checks and opening accounts.
ABOUT TEXAS CAPITAL BANKTexas Capital Bank, N.A. delivers highly personalized financial services to businesses and entrepreneurs. We are headquartered in Texas working with clients throughout the state and across the country. Texas Capital Bank is a wholly owned subsidiary of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) and is recognized as a Forbes Best Banks in America and the Dallas Morning News' Top 100 Places To Work company. To learn more, please visit www.texascapitalbank.com. Member FDIC.
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