Amegy Corporation · Houston, TX United States
Company Description
Phone: 713-235-8800
Fax: 713-439-5949
Toll Free: 800-287-0301
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This link will open in a new window Amegy knows banking from A to Z. Amegy Corporation, the parent of Amegy Bank of Texas (also known as the A Bank), is a subsidiary of Zions Bancorporation . The bank has more than 85 branches, primarily in Houston but also in Dallas and San Antonio (through its 2007 acquisition of Intercontinental Bank Shares) It offers commercial and personal banking services, such as deposit accounts, loans, and trust services. The bank provides brokerage, insurance, and wealth management services through through Amegy Investments. Subsidiary Amegy Mortgage originates and services commercial, residential, and construction mortgages. To read the full description, subscribe now.
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Key Amegy Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $612.0 |
| Employees | 1,534 |
Amegy Corporation Executives
36 executives listed for Amegy Corporation's Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman, Amegy Corporation and Amegy Bank of Texas | Walter Johnson | Network |
| Director; CEO, Amegy Bank of Texas | Paul Murphy | Network |
| President, Amegy Corporation and Amegy Bank of Texas | Scott McLean | Network |
Competition
Competitive Landscape for Amegy Corporation
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Amegy Corporation Competitors
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