Ever wonder where the name Extraco came from?
Exporters and Traders Compress & Warehouse Company began its cotton compress and warehousing business in Waco on July 12, 1902. Today, the company has evolved into the largest and most comprehensive independent financial institution headquartered in central Texas.
Extraco (an acronym for Exporters and Traders Compress) exceeds $1.3 billion in assets, enjoys 145,000 customers in 16 locations, participates in hundreds of volunteer community leadership roles, and, most importantly, employs almost 400 central Texans.
The company conducts business in 15 central Texas communities and offers trust, insurance, financial services, mortgage and a wide variety of traditional consumer and commercial banking services.
Over the last decade, Extraco, now in its third generation of family management, has developed a complete one-stop financial center vision that offers a superior experience to our customers, along with our award winning and patent-pending SWARM® Banking.
When we strengthen the communities we serve, everyone wins. That's why Extraco has a comprehensive and ongoing plan of community involvement, serving:
- Churches and charitable organizations
- Public and private education
- Service clubs and professional organizations
- Civic and municipal organizations, including libraries, fire departments and chambers of commerce
Many of our employees serve on boards and lend their expertise and energy to a wide variety of community pursuits.
Being a good neighbor will continue to be at the forefront of Extraco's philosophy as the corporation strives to expand service and increase our commitment to the communities we serve.
Extraco has been boringly profitable for more than 111 years.
Find out why we're so stable in this section.
Extra. Extra. Read all about it.
There's always something happening at Extraco Banks. Be in the know of the latest news.
Want to know how your money is covered at Extraco and other FDIC-insured institutions?
Go to Ask EDIE.