Frost Bank is set to double its number of financial centers in the Houston and Dallas regions by 2026, further strengthening its position in the Austin region. Already ranking fourth in market share with more than $5 billion in deposits, Frost expects year-to-date net new customer growth for 2023 to be 25% higher than previous records.
The company currently has 17 financial centers and nearly 350 employees within the Austin area, as well as a large ATM network that includes over 140 ATMs across Texas. The expansion will lead to an additional 170 jobs at Frost within the Austin market and open up 17 new banking locations; one of which opened May 2021 located on South I-35 corridor.
