TBA Building Project

An Option to Ensure TBA’s Future

The Texas Bankers Association's Board of Directors has explored the option of investing in a new building on TBA's property that, through the leasing of office and parking space, would provide a considerable and ongoing revenue stream to help fund association priorities for years to come in addition to housing core TBA functions.

TBA has a unique opportunity to maximize member benefit by leveraging its current asset. The land is valued at $11 million in this prime location and independent analysis indicates there is opportunity to earn more than $50 per square foot for office space and more than $2,200 a year per parking space.

We have been active in our outreach regarding this opportunity, including a breakout session during TBA's annual convention and 17 stops throughout the state during our Texas Tour. We also conducted regional meetings on this subject as well as a webinar for bank decision makers unable to attend any of the other meetings. We have put together a helpful Q&A piece and a video that explains the details of the proposal and answers some of your questions.

At its September 2018 meeting, the Board of Directors unanimously voted to conduct a membership vote on the recommended TBA building option, and the Board recommended the membership approve the project and requisite investment. Accordingly, a membership vote was conducted the week of Oct. 29-Nov. 2. The vote results are being tallied by an independent accounting firm and will be presented to the Board at their Dec. 6 meeting.

TBA members are strongly encouraged to educate themselves on the building opportunity. 

Thank you!

TBA Building Q&A (PDF)

TBA Building Presentation Video

Questions or Input?

Please email , Chief Administrative Officer, or call 512-472-8388.