Robert S. Kaplan, former President and CEO of the Federal Reserve Bank of Dallas and former Vice Chair and CEO of the Investment Banking and Asset Management Division at Goldman Sachs, and William (Bill) D. Rowe II, Founder, Chairman and CEO of Rowe Global, joined Sam L. Susser, Chairman and CEO of Susser Bank, for a 2024 Economic Outlook discussion at Old Parkland with 100 clients and bank executives in attendance. Together, they discussed the 2024 economic outlook, recent trends and developments in the national and Texas economy and opportunities for Texas businesses and communities.
Rowe moderated the panel where Kaplan discussed inflation, interest rates, US fiscal policy and stressed the importance of investing in education in Texas. Susser discussed the current state of banking in Texas and addressed the root cause and aftermath of the three bank failures that occurred in March of 2023.
During the conversation, Susser shared that the Bank was highly liquid, well capitalized and had a successful year, crossing over the $2.2 billion mark for the first time. Susser Bank continues to focus on core deposits, investing in technology and cultivating a team of talented bankers to solve what’s next for our clients.
As the meeting drew to a close, the group expressed optimism about continued population growth and the short and long-term future of Texas and its leading role in our nation’s innovation and business growth.
Founded 63 years ago, Susser Bank has operated under the ownership and direction of Susser Banc Holdings Corporation since July 2, 2018.
Susser Bank is a Texas-based company offering a full suite of personal and commercial banking solutions with branches in Dallas, Arlington, Bedford, Fort Worth, Garland, Houston, San Antonio, Round Rock and an LPO in Austin. The company is a diversified bank with robust capital, liquidity, and leading-edge technology led by the Susser family and a legacy of six generations of Texas entrepreneurs. Susser Bank is dedicated to building long-term client relationships and providing outstanding financial solutions that strengthen Texas. More information is available at susserbank.com.