Lone Star National Bancshares - Texas is the holding company for Lone Star National Bank, which provides deposit, lending, insurance, and investment services in the Rio Grande Valley through some 20 locations. It provides international services such as foreign currency exchange, traveler's checks, and wire transfer, which are primarily geared towards customers doing business in Mexico. The bank's lending activities emphasize commercial real estate loans, business operating loans, and construction and land development loans. Lone Star National Bank was founded in 1983.
Despite the recession, Lone Star Bank's assets increased more than 12% in 2008. The increase was due mainly to an increase in the bank's brokered deposits and conservative lending practices. – less