
November 28, 2023
American Lending Center launched the Sunstone Bank & Trust, which will provide personal banking to all its customers. The bank will provide customized accounts with digital banking, checking and money market accounts, according to a press release.
"With this unique platform, ALC is planning to serve the high-net-worth (HNW), ultra-high-net-worth (UHNW), and qualified business clients in its network," John Shen, founder and CEO, American Lending Center, said in the release. "ALC has partnered with TransPecos Banks to provide the banking services, and ALC will continue to work with its clients to assure the personalized attention for which American Lending Center has become known."
The bank also offers mobile banking, ACH origination, payroll processing, wire transfers, remote deposit capture and more.