Keystone Bank

About Keystone Bank

Keystone Bank offers a client-centric, entrepreneurial approach to community banking, positioning itself as a financial partner for businesses and individuals in Central Texas. The institution was established on October 15, 2018, when its parent holding company, Keystone Bancshares, Inc., raised over $20 million in capital and acquired Ballinger National Bank, rebranding it as Keystone Bank. This strategic acquisition provided the foundation for its Austin-area headquarters in Bee Cave while maintaining the original Ballinger location.

The bank was founded by Jeff Wilkinson, a seasoned financial executive with over 28 years of industry experience, who currently serves as Chairman and CEO. His background as a CPA, CFO, and founder of Pioneer Bank, which he grew to $1.2 billion in assets across 22 locations, shaped his vision for Keystone. Wilkinson's strategy focuses on filling a gap for locally-owned community banks in the Austin market, emphasizing direct access to decision-makers and authentic client relationships. This model proved successful, with the bank undertaking a second acquisition in May 2019, purchasing Green Bank's Austin branch to establish a presence in the city's central district.

Keystone Bank operates as a full-service, FDIC-insured community bank serving a diverse client base that includes entrepreneurs, families, small to medium-sized businesses, and real estate investors. Its revenue is generated through interest on loans, and fees for various financial services. The bank provides a comprehensive suite of products, including personal and business checking and savings accounts, private banking, and treasury and liquidity management services. A core component of its business is lending, with offerings in commercial real estate, residential mortgages, and small business loans. The bank also provides modern financial tools such as online and mobile banking platforms, remote deposit capture, and merchant services to enhance convenience for its clients.