A letter to friends and neighbors

Posted On: March 17, 2023
Soundness Hero Image


March 17, 2023


Dear Friends & Neighbors,

While parts of the US Banking System may be in turmoil, it’s nice to know that our local community banks are strong and steady. Along with a lot of other good community banks, we’ve got you covered. 

As a multi-generational family business, we take soundness seriously. Our corporate leadership value “Soundness First” means stability for our customers and community. Our purposeful banking practices means we are built to last. We prioritize soundness ahead of profitability and growth, and invest heavily in purposeful strategic thinking and planning to be prepared for the unexpected. We have survived and thrived in depressions, recessions and economic shocks for over 121 years. For three generations of family management we have never failed to make a profit.

If you need a loan, Extraco can help. If you need financial advice, we have some of the best experts in the industry. We have one of the most sophisticated digital banking platforms available, and a 24-hour call center ready to serve you.  We have double the industry average reserves and over 300 highly talented employees eager to give you an exceptional and personal banking experience.

If you need a bank you know and trust, think about our local banks, and think about Extraco.  



S. Boyce Brown   

Chairman, President & Chief Executive   

Extraco Corporation       

Executive Chairman, Extraco Banks 

Douglas L. Streater 

President & Chief Executive

Extraco Banks

Extraco Soundness

At Extraco, we do things differently: sincerely, purposefully, and with world-class stability. Choose a bank that provides peace of mind.

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