Recent Press Release Mentioning Chan Patel

Chan Patel was recently featured in a State Bank of Texas press release for his role as the founder, patriarch and CEO of the State Bank of Texas.

Chan Patel press release

Chan Patel began his career as an information technologist -- a programmer working for the airline industry in Dallas-Fort Worth (DFW), Texas. After working steadily and saving money, Patel bought into his first hotel/motel in the DFW area. Early on, Patel worked in the hotel and at his programming job simultaneously to insure everything kept afloat, but within a short timeframe his consistent, dedicated work ethic enabled him to focus on operating the hotel full-time. After the initial hotel acquisition, he quickly bought into more.


Eventually, Patel's established success and credit rating enabled him to cosign loans for other immigrants that desired to found and operate their own businesses, just as he had. Patel leveraged his success in the accommodations industry and as a loan cosigner to launch his own bank, the State Bank of Texas.

The State Bank of Texas operates very strongly, and consistently produces dividends for its shareholders.

The State Bank of Texas is located in DFW, with branches in Dallas, Richardson, Irving, and Garland.


Source: http://www.prnewswire.com/news-releases/state-bank-of-texas-q1-2014-earnings-ceo-chan-patel-featured-in-journal-256715501.html