State Bank of Texas, founded in 1987, is one of the country’s best-performing community banks. It has carved a unique niche in the banking industry, staking its claim as the country’s largest lender to the hospitality industry. It is also the largest Indian-American-owned bank in the country.

Undergirding the bank’s success is its laser focus on staying true to its purpose. As a privately held, independent bank, State Bank of Texas is committed to best-of-class customer service, personal attention, fast loan approval, and being accessible to customers across the country.

Over thirty years ago, State Bank of Texas opened—built on a dream, hard work, and a determination to succeed. Today we still exemplify that spirit. As a family-owned and -operated business, State Bank of Texas is a leader in hospitality lending, providing unsurpassed personal service and access to bankers who understand your business.

Chan Patel, CEO, Chairman of Board

Chan Patel is Chairman, Chief Executive Officer of State Bank of Texas. Chan also is an owner and/or partner in several hotel operations in Texas. Born in India in 1945, he became a US citizen in 1965 and has been an active owner and operator of hotels since 1976. He holds a Bachelor of Science Degree in Engineering from Bombay University, a Master’s of Science in Industrial Engineering from Stanford University and a Master’s of Science Degree in Management Science from John Hopkins University. He is founding Chairman of the Indo-American Chamber of Commerce and is an active member of many religious and community associations and organizations.

Sushil Patel, President

Sushil Patel is President at State Bank of Texas. He joined the bank in 2004 and has served on the Board of Directors since 2000. Prior to joining State Bank of Texas, Sushil worked as Senior Analyst at Bank of America Securities in the Global Corporate & Investment Bank. At BAS, he helped raise capital for Media and Telecom companies in the equity, high yield and high-grade debt markets. He holds a B.B.A. in Finance from the University of Texas at Austin and an M.B.A. from the University of Chicago Graduate School of Business. In addition to his work in banking, Sushil, through various family interests, operates and develops hotels in Manhattan, other boroughs of New York City and throughout the Dallas/Ft. Worth Metroplex.Sushil serves as the Secretary of the Planning and Zoning Commission for the City of Irving and has been on the Planning and Zoning Commission since 2010. Sushil serves as a member of the Board of Management for the Irving Family YMCA.Sushil is married to Sima Patel and they have two sons, Aaron & Ryan and daughter, Aliya.

Rajan Patel, Chief Lending Officer, EVP, Director

Rajan Patel is Executive Vice President and Chief Lending Officer of State Bank of Texas. He joined the bank in 2005 after graduating from Texas A&M University with a BBA in Finance, and in 2009 graduated from Southwestern Graduate Banking School from the SMU Cox School of Business. In addition to his responsibilities at State Bank, Rajan is very active in community affairs, serving on the Executive Committee for SLPS in Irving. He is also involved in hotel development projects in a number of locations including Manhattan, Dallas, Las Colinas and Frisco. He is married and has two daughters, Sydney and Sienna.

We Offer –

Business Banking: Money Service Business (MSB); Certificates of Deposit; Business Money Market; Treasury Services, Checkin.

Personal Banking: Certificates of Deposit, Money Market, Checking

Hospitality: Hospitality Lending, Latest Deals, Checking

Services: Online Services, Mobile Services, Banking Services, Remote Deposit Capture, Treasury Services, Foreign Exchange, Currency Service, Forms.

Locations --

Dallas Corporate Headquarters

11950 Webb Chapel Road, Dallas, TX 75234

Phone: 972.252.6000; Fax: 972.252.6014

Chicago Devon

2615 W. Devon Ave, Chicago, IL 60659

Phone: 773.649.0240: Fax: 972.252.6014

Chicago Evergreen Park

9730 S. Western Avenue, Suite 418; Evergreen Park, IL 60805

Phone: 972-252-6000; Fax:: 972-252-6014

O’Hare International Airport

10000 West O’Hare Avenue; Chicago, IL 60666

Phone: 773.831.7320: Fax: 972.252.6014

Chicago Midway International Airport

5700 S. Cicero Avenue; Chicago, IL 60666

Phone: 773.735.2810: Fax: 972.252.6014

Irving

605 W. Airport Freeway, Irving, TX 75062

Phone:972.594.0929: Fax:972.252.6014

Houston

8585 S. Gessner Rd., Houston, TX 77074

Phone: 713-771-1276: Fax: 972-252-6014

Garland

517 W. Interstate 30, Garland, TX 75043

Phone: 972.303.6100: Fax: 972.252.6014

Richardson

500 W. Beltline Road, Richardson, TX 75080

Phone: 972.238.1100; Fax: 972.252.6014

working Hours
Monday 9AM–5:00PM

Tuesday 9AM–5:00PM
Wednesday 9AM–5:00PM
Thursday 9AM–5:00PM
Friday 9AM–5:00PM
Saturday 9AM–1PM
Sunday Closed