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Press Release

HOUSTON, TX, August 15, 2012 – Chad M. Sundbeck has been appointed Senior Vice President of Lending of Texas Gulf Bank, N.A.  – Houston, an independently owned and operated bank established in 1913. Sundbeck will continue to focus on expanding Texas Gulf Bank – Houston's commercial client base by offering business and personal loans and deposits, commercial lines of credit, and flexible financial solutions to Houston's growing businesses.

"The promotion of Chad Sundbeck to Senior Vice President is an acknowledgement of Chad’s leadership and contribution to the continued success of the bank,” said Richard W. Jochetz, President of Texas Gulf Bank – Houston. "Chad successfully utilized the strength of Texas Gulf Bank’s substantial loan capacity to expand our commercial lending business by maintaining and growing personal relationships with our clients.”

"It is an honor to receive this promotion,” said Sundbeck. "Working with the incredible team and clientele at Texas Gulf Bank far exceeds the experience of any place I’ve ever worked. It is a place where customers not only know their banker by name, but also have direct access to the President of the bank. I'm looking forward to continuing to grow our business while watching our customers continue to succeed and grow their businesses as well.”

Sundbeck’s banking career spans over 16 years. Most recently, he served as Vice President of Commercial Lending for Texas Gulf Bank - Houston. Prior to joining Texas Gulf Bank, Sundbeck was Vice-President/Business Banking Officer for Capital One Bank Corp., where he managed a significant loan and deposit portfolio. Previous positions include Vice-President/Commercial Loan Officer for Sterling Bank Corp., Finance Manager for Merrill Lynch Business Financial Services, and AVP/Commercial Loan Officer for Union Planters Bank Corp. Sundbeck is currently in his final year of studies at the Southwest Graduate School of Banking.

About Texas Gulf Bank
Texas Gulf Bank is independently owned and operated and offers a full range of financial products and services, as well as trust and investment management , to businesses and consumers in Brazoria, Harris and Galveston counties. Established in 1913 in Freeport, Texas, the bank has grown to offer services to customers at eight locations along the Texas Gulf Coast. Texas Gulf Bank has a five star rating from Bauer Financial. For more information, visit http://www.texasgulfbank.com/.

• Investments include non-deposit investment products which are not
bank deposits
• Not FDIC insured
• Not insured by any federal government agency
• Not guaranteed by the bank
• May decrease in value

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Texas Gulf Bank, N.A.  1-800-467-7216   Contact Texas Gulf Bank