Redstone Bank Becomes Green Bank
September 14, 2007
Redstone Bank Becomes Green Bank
New Bank Operates “Green;” Offers Environmentally-Friendly Banking Products and Services
HOUSTON – Friday, September 14, 2007 – Today, Redstone Bank officially became Green Bank. The new name is a direct result of the successful combination of Redstone Bank with Green Bancorp, Inc., on December 31, 2006. As the name implies, Green Bank will operate in a manner that both embraces and promotes environmental responsibility.
“We believe our name ‘Green Bank’ carries with it a certain level of responsibility to be good stewards of the environment,” said Bob New, President & CEO, Green Bank. “So, in the course of delivering quality banking services, when and where we can, we intend to operate in a way that uses fewer natural resources and creates less waste.”
Green Bank’s commitment to a healthier environment is reflected in its products, property, processes and people. Green Bank’s products are created “green” with pricing designed to reward customers who choose service options that save resources and reduce waste. Green Bank’s headquarters property at 4000 Greenbriar and US Highway 59, currently under construction, is being built to LEED (Leadership in Energy and Environmental Design) specifications, and its real estate professionals are becoming LEED accredited to assist developers and contractors finance energy efficient real estate projects. In addition, Green Bank is instituting processes and practices that preserve resources and create less waste.
“‘People helping people improve their quality of life’ truly defines Green Bank’s ongoing commitment to its customers, employees, shareholders, and the neighbors in our communities,” said New. “That is why Green Bank is committed to environmental education and why we dedicated significant space on our website to share information about the environment and how individuals can help. Through our efforts we hope to make our world – be it Texas or the globe – a little nicer for all people.”
With three locations in Houston and one in Austin, Green Bank is the first Texas-based bank to promote environmental responsibility through its products, services and community initiatives, but New points out that the bank’s top priority remains delivering quality commercial and personal banking services.
About Green Bank
Green Bank is a wholly-owned subsidiary of Green Bancorp, Inc. The bank currently has assets of $235 million and operates three branches in Houston and one in Austin. For more information, please visit the Bank’s web site at www.greenbank.com.
