Our History

FOUNDING PRINCIPLES
Honesty & Integrity • Quality Customer Service • Commitment to Community

Broadway Bank Original Location

Broadway Bank’s original location,
5044 Broadway, 1941-1946

 

Charles E. Cheever Sr., Founder

Charles E. Cheever Sr.,
Founder


Elizabeth "Betty" Cheever, Founder

Elizabeth "Betty" Cheever,
Founder


Charles Cheever Jr., Chairman Emeritus, Broadway Bancshares Inc.

Charles Cheever Jr.,
Chairman Emeritus,
Broadway Bancshares Inc.

Since its beginnings in 1941 as San Antonio’s first suburban bank, Broadway Bank has always been a trendsetter, introducing innovative financial policies which help shape modern banking.

Today, Broadway is the largest independently owned bank headquartered in San Antonio. But it began in a small store front in Alamo Heights, founded by a military officer, Col. Charles E. Cheever, Sr., and his wife, Elizabeth Cheever. They envisioned a financial institution that would serve the hundreds of military families who were migrating to San Antonio because of the war effort, and the businesses which would serve those new residents.

The founders' son and Chairman Emeritus of Broadway Bancshares Inc., Charles E. Cheever, Jr., remembers the bank’s modest beginnings as "a very difficult period." After opening the bank, Col. Cheever was called away to Europe, where he spent the war years working as a Judge Advocate for Gen. George S. Patton. Mrs. Cheever, in her son’s words, was left "to hold things together" at home and at the bank, serving on the board of directors until her husband returned.

In succeeding decades, Broadway Bank set numerous "firsts." In 1959, it was the first San Antonio bank to establish a mortgage lending division, and it was the first to extend its banking hours to help working families.

In 1983, the bank was the city’s first to offer on-site brokerage services. Broadway’s successful Wealth Management Division was established in 1984. In 1996, Broadway Bank acquired banking centers in Fredericksburg, Kerrville, Boerne, Castroville, Hondo, and Seguin, Texas. In 2005, the bank acquired Balcones Bank, S.S.B. with banking centers in San Marcos, Wimberley, Kyle, and Buda. Today, the bank continues to progress northward with its latest additions in Bee Cave and Dripping Springs.

As Broadway Bank continues to maintain its commitment to providing traditional and innovative products and services, it will always strive to stay ahead by looking to the future, remembering the past, and concentrating on being here for the good of its customers.

 

© Broadway Bank. Equal Housing Lender. Member FDIC
210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209