An insurer-owned bank with $4 billion in assets is opening a full-service community bank today in Houston.

Mutual of Omaha Bank, part of Mutual of Omaha Insurance Company, Omaha, Neb., has put the bank in the River Oaks Shopping Center.

The bank will serve businesses as well as individuals.

Mike Turner is the Houston market president, and Andy Barboza is the community bank manager in charge of the River Oaks community bank.

Mutual of Omaha also has banking offices in Dallas.

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