New Braunfels Bank Group Receives Preliminary Charter Approval
A local group plans Citizen's National Bank at the Courtyard Shopping Center after receiving preliminary OCC approval on Feb 5. The charter application was filed a year ago, with final approval expected in 60 to 90 days amid prior delays. Other organizers include John Chunn Ken Karger Cary Lee Leverett and Lloyd Paul Norwood.
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Comptroller of Currency Office
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John Chunn
Ken Karger
Cary Lee Leverett
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Earl Phillip Stein
Municipal bonds offer tax free interest explained
Financial advisor explains tax exempt bonds and how municipal bonds provide Federal tax relief and potential state and city tax exemptions when issued within the taxpayer's state. Bonds fund public works like schools and roads, reducing project costs through lower borrowing interest.
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