Frost National Bank
is a nationally chartered bank
founded in 1868 and based in San Antonio, Texas
with more than 110 financial centers across Texas. Frost is the largest Texas-based bank with operations only in Texas, and is the 62nd largest U.S. bank by asset size. The company offers a full range of commercial and consumer banking products, investment and brokerage services, insurance products and investment banking needs to customers throughout Texas
Frost is a subsidiary of Cullen/Frost Bankers, Inc. (), a financial holding company, also based in San Antonio, with $17.9 billion in assets.Cullen/Frost Bankers
Founded in 1868 in San Antonio by Col. T.C. Frost, Frost survived two World Wars, the 1929 stock market crash and the Great Depression
, when thousands of banks in the U.S. failed.
Throughout its history, Frost has acquired many other Texas banks. In 1977, Frost Bank Corp. and Cullen Bankers, Inc. of Houston merged, forming the holding company, Cullen/Frost Bankers, Inc.In 1982 Cullen/Frost Bankers and United States National Bancshares, Inc.
(USNB) of Galveston, Texas
merged, but Frost operated USNB separately for nearly two decades. As new financial services legislation allowed banks to broaden the services they offered customers, Cullen/Frost folded the USNB charter into Frost's in 2000.<ref name="Isle Bank Joins... Read More