Broadway Bank Celebrates 85 Years as an Independent, Family-Owned Bank
Milestone marks decades of family stewardship and fiercely local banking
Broadway Bank is celebrating a milestone 85 years of serving Texas families and businesses, marking nearly a century of strength, stability, and independence as a family-owned financial institution.
Founded February 15, 1941, by Col. Charles E. Cheever Sr. and his wife, Elizabeth “Betty” Cheever, Broadway Bank was built on a simple but enduring vision: strengthening communities through personal relationships, trusted guidance, and local decision making. That commitment continues to define the bank today.
“Our 85th anniversary is a testament to the foundational house that my grandparents built and to our long, symbiotic journey with clients in a country inspired by dreams, hard work, and the determination to succeed,” said Chris Cheever, third-generation steward of the Cheever family legacy.
The anniversary also honors the Cheever family’s long-term commitment to maintaining Broadway Bank’s independence at a time when consolidation has become common across the banking industry. That focus on long-term stability over short-term gains has allowed the bank to remain locally focused, deeply connected to its communities, and responsive to client needs.
“Independence is more than a point of pride for Broadway Bank — it is a strategic advantage,” said Harvey P. Hartenstine, interim CEO and president of Broadway Bank. “It allows us to make thoughtful, local decisions, invest in our communities, and pursue disciplined, sustainable growth while staying true to our values. That approach has guided us for 85 years and will continue to shape our future.”
As part of the milestone, Broadway Bank is launching an anniversary campaign celebrating 85 years of supporting Texas families and businesses. The campaign highlights the bank’s commitment to best-in-class service, financial expertise, and community investment, and will be featured throughout the year on advertising and social media channels.
As Broadway Bank looks ahead, the 85th anniversary serves as both a reflection on its legacy and a reaffirmation of its purpose — continuing to build strong relationships, providing trusted guidance, and remaining fiercely local for generations to come.