Press Release: Forbes Best-In-State Banks

FOR IMMEDIATE RELEASE

Contact:  Todd Moore  254-722-2300

Alliance Bank Central Texas Named Forbes 2025 Best Bank in Texas

Ranked #1 among six other Texas banks named

Woodway, Texas (July 3, 2025)—Alliance Bank Central Texas (Alliance Bank), a community-focused commercial bank, announced today that it has been ranked the #1 bank in Texas on Forbes magazine’s 2025 Best-In-State Banks list. Forbes’ annual ranking is based on a Statista survey of approximately 26,000 U.S. bank customers, who rate institutions on factors such as customer service, quality of financial advice, fee structures, ease of digital banking and level of trust. This honor underscores Alliance Bank’s commitment to personalized, relationship-driven banking in Central Texas. Explore the full list and filter by state here. 

“We are honored that Forbes has recognized our institution as the top bank in Texas,” said Todd Moore, Chairman and CEO of Alliance Bank Central Texas. “This award belongs to our customers, team members, vendor partners and shareholders. It exhibits our commitment to partnering with our clients—listening to their goals, helping solve their problems and celebrating their successes—and positively impacting the communities we serve.”

Relationship-Driven, Community Banking Model

Alliance Bank operates on the principle that banking is about people. Industry experts note that community banks provide value beyond transactions and are more than just a bank—they’re a partner. “Our bankers serve as advisors and supporters, helping local businesses and families navigate challenges and seize opportunities, through all stages of life,” Moore said. 

Alliance Bank’s success has been driven by this philosophy of investing in relationships and delivering personalized service. Additionally, because the bank is deeply embedded in the Central Texas community, its success is tied to the success of local customers. “We are grateful to be part of such dynamic communities and for the trust they put in us,” said Ricky D. Thompson, President of Alliance Bank Central Texas.

Alliance Bank Highlights

- Founded in 2007: Alliance Bank began when a local investor group acquired The State Bank of Jewett (then ~$30 million in assets).

- Asset Growth: The bank has grown organically, with no acquisitions, from $30 million in assets to over $1 billion in assets as of June 30, 2025.

- Local Ownership: Beginning with slightly over 100 shareholders, now more than 250 investors own the bank, the vast majority of whom are also customers and community members. These owners regularly refer friends, neighbors and colleagues, reflecting strong local support.

- Community Emphasis: As a locally-owned community bank, Alliance Bank prioritizes long-term partnerships with its customers over mere transactions, reinvesting in the success of Central Texas businesses and families.

About Alliance Bank Central Texas

Headquartered in Woodway, Texas, Alliance Bank Central Texas is an independent, community commercial bank, serving businesses and individuals across Central Texas. Since 2007, the bank has maintained a broad base of local ownership (currently 250+ shareholders) and consistently reinvests in the communities it serves. The bank offers a full range of banking services through its seven Texas locations in Woodway, Waco, Temple / Belton, Georgetown, Jewett and Donie.  It also offers a full line of technology-based online platforms, all while focusing on local decision-making and long-term relationships.