First United Bank Announces Grand Opening of New Austin Location

Premier financial institution grows its regional presence with 5th location in Texas capital

AUSTIN, Texas--(BUSINESS WIRE)-- First United Bank (First United), a Spend Life Wisely Company® and one of the nation’s premier financial institutions, announces the grand opening of its fifth location in Austin, Texas.

The launch of the Austin-Seven Oaks community bank deepens First United’s commitment to serving the Texas capital area through educating and encouraging more people to Spend Life Wisely®. This location offers commercial real estate, commercial/retail banking, investments and insurance, and mortgage services under one roof.

First United emphasizes a holistic approach that encompasses faith, financial well-being, health and wellness, and personal growth — each of which will be celebrated at the grand opening event on Oct. 26. The Seven Oaks community bank is located at 8701 FM 2244, Building 1, Suite 100. It joins the four previous First United locations in the city, including Austin-Avery Ranch, Austin-Medical Parkway, Austin-Rollingwood and Austin-Lakeway.

“We are an entrepreneurial bank on a mission to empower the local entrepreneur far beyond just providing capital solutions,” said Stephanie Verdugo, Austin Market Senior Vice President at First United. “First United meets business owners where they are and drives them where they aim to be.”

Earlier this year, First United announced an exciting partnership with Exencial Wealth Advisors, a leading independent wealth management firm headquartered in Oklahoma City. Through this agreement, First United can now offer Exencial’s comprehensive wealth management services to its customers.

First United works to expand financial solutions for their customers by providing more financial services at each location by expanding First United Mortgage, Unity Insurance Partners and Exencial, all of which are associated with Spend Life Wisely®.

About First United Bank

Established in 1900, First United has more than 85 bank, mortgage and insurance locations throughout Oklahoma and Texas. It is one of the largest, well-capitalized banking organizations in the Southwest with assets of more than $11 billion, and it is among the largest privately held community banking organizations in the United States. First United provides a full range of financial services including banking, mortgage, insurance, and investment products and services, and is dedicated to inspiring and empowering others to Spend Life Wisely®. Learn more at FirstUnitedBank.com. Member FDIC.

About Exencial Wealth Advisors

Established in 2002, Exencial Wealth Advisors is an independent registered investment advisory firm serving executives, mid-level managers, and others that have seen their financial complexity grow beyond their own ability to manage and coordinate it. With nearly $4 billion in assets under management, Exencial works to meet clients where they are, which led to the build-out of their wealth management platform that incorporates financial planning, investment management, tax and accounting, and estate planning. For more information, please visit www.exencialwealth.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026005244/en/

FIRST UNITED BANK
Taylor Bryant, 580-364-6184
[email protected]

EXENCIAL WEALTH ADVISORS
Gregory FCA
Jill Fritz, 484-832-7034
[email protected]

Source: First United Bank

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