April 27, 2018. AimBank is proud to announce the completed acquisition of Platinum Bank with locations in Levelland, Lubbock, and Odessa, Texas. AimBank currently maintains 18 full-service banks in the Panhandle, South Plains, Permian Basin and Big Country regions of Texas. The Platinum Bank acquisition furthers AimBank's vision of expanding our market share in West Texas.
"This acquisition is a representation of our continued growth, providing deeper roots in the area," remarked Scott Wade, CEO of AimBank. "AimBank is committed to the growth in our communities through helping local businesses stay viable and strong." Wade remarked, "The Platinum Bank acquisition provides great value for our shareholders, expanded opportunities for our employees, and enhanced services for our new customers."
Upon completion of the merger, AimBank will continue to deliver the same superior customer service that Platinum customers have come to expect along with a few extras such as technology enhancements and a wider trade area. AimBank has seen continual growth in Texas, recently reaching over $1.3 Billion in assets. The recent growth speaks to our commitment to our customers and the communities we reach. AimBank will maintain a strong tradition of offering quality banking services with the latest technology for our ever-changing customer needs.
AimBank was originally chartered on September 19, 1925 as the First National Bank of Littlefield. Due to the perseverance on the part of its officers and staff, the bank withstood the Great Depression, a world war, and various booms and busts in the agriculture and energy markets. In 2003, the bank was converted to a state-chartered bank and ownership is now vested in AimBank employees and local investors. AimBank has continually grown and expanded our presence into several markets over the years, including Abilene, Amarillo, Farwell, Levelland, Littlefield, Lubbock, Miami, Midland, Muleshoe, Odessa, Pampa, Plains, Shamrock, Snyder, and Wolfforth with over $1.3 billion in total assets. For more information, log on to www.aimbankonline.com.