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LegacyTexas Merger Update
On January 1, 2015, ViewPoint Bank's parent company, ViewPoint Financial Group, Inc. closed its merger with LegacyTexas Group, Inc. The parent company has adopted the name LegacyTexas Financial Group, Inc. and will trade on the NASDAQ Global Select Market under the ticker symbol LTXB.
While we are legally one company, ViewPoint Bank and LegacyTexas Bank will continue to operate separately until the conversion of banking systems and accounts, scheduled for the weekend of February 13–16. After the conversion, we’ll open our doors as the “new” LegacyTexas, and customers will be able to bank at all locations.
Our partnership will result in one of the oldest and strongest community banks based in Texas, with combined assets of nearly $6 billion and approximately 50 branches serving the Metroplex and surrounding counties.
To learn more about the merger agreement and how the combined company will look going forward, click on the LegacyTexas Merger Overview at left.
For details on the conversion of ViewPoint Bank customer accounts, visit our detailed conversion webpage at viewpointbank.com/merger.