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FORT WORTH-After nearly five months of laying groundwork,Meridian Bank Texas has opened doors as a full-service operation.The de novo bank has been doing commercial lending as an affiliateof a Phoenix-based sister company since last fall during the longhaul to secure a Texas charter.

Glenn Monroe, president and CEO of Meridian Bank Texas, tellsGlobeSt.com that outstanding loans, totaling $16.8 million, wereacquired from Meridian Bank in Phoenix when the full-service flagwas raised at 915 Florence St. in Fort Worth. The headquarterslocation, though, is going to move in late 2008 to become theanchor bank for an office complex to be built along WeatherfordStreet by locally based Klabzuba Oil & Gas Co.

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