Independent Bank Routing Number: Banking the DFW Tech Corridor Boom

McKinney, Texas: a boomtown bank for a boomtown corridor

McKinney, Texas, was a quiet Collin County seat of about 50,000 people in 2000. By 2024, its population had tripled to over 200,000, making it one of the fastest-growing cities in America. The catalyst was the northward march of the Dallas-Fort Worth metroplex: as companies like Toyota, Raytheon, and dozens of tech firms relocated to Plano, Frisco, and Allen, the residential development that followed pushed into McKinney, Prosper, and Celina. Independent Bank Group planted its headquarters squarely in the path of this growth.

Founded in 2002, Independent Bank is young by banking standards but has grown to roughly $18 billion in assets through a combination of organic growth and strategic acquisitions. The routing number 111993750, routed through the Federal Reserve Bank of Dallas, reflects the bank's deep ties to the Texas financial system. Independent's growth trajectory mirrors the communities it serves: fast, ambitious, and unapologetically Texan.

Acquisitions and the art of growing fast in Texas

Independent Bank's growth strategy has relied heavily on acquiring community banks across Texas and Colorado. Major acquisitions include BOH Holdings in Houston, Guaranty Bancshares, and several smaller community banks in Central and North Texas. Each acquisition brought new markets, new deposit bases, and new lending relationships, allowing Independent to scale without abandoning its community banking philosophy.

The acquisitions also introduced complexity. Former customers of acquired banks went through account migrations and routing number changes, and some experienced the typical friction of new mobile apps, new online banking platforms, and unfamiliar customer service processes. If you were a customer of a bank acquired by Independent, verify your current routing number through the Independent Bank mobile app or online banking to ensure all automated payments are up to date.

Serving the companies relocating to Texas

The corporate relocation wave to Texas (driven by lower taxes, lighter regulation, and lower cost of living) has created a unique banking opportunity. Companies moving from California, New York, and Illinois need local banking relationships for their Texas operations, and their employees need mortgages, auto loans, and personal accounts. Independent Bank has positioned itself as the local bank that understands the communities these relocating companies are moving into.

This strategy plays out most visibly in mortgage lending, where Independent Bank has built a significant residential lending operation across the DFW corridor. The bank underwrites and holds a substantial portion of its mortgage loans on its own balance sheet rather than selling them to the secondary market - a practice that gives it more flexibility to serve borrowers who may not fit neatly into automated underwriting models.

Routing number 111993750: how to use it

Independent Bank's routing number 111993750 applies to all personal and business accounts across Texas and Colorado. Use it for ACH transfers, direct deposit, bill pay, and domestic wire transfers. For incoming international wires, contact Independent Bank directly for SWIFT code and intermediary bank details, as these can vary based on the correspondent banking arrangements in effect.

Find your routing number in the Independent Bank app under account details, on the bank's website, or on the bottom-left corner of your checks.

Built for the speed of a growing market

Independent Bank understands what fast growth looks like - it has lived it. For the tech companies, startups, and relocating businesses driving the DFW boom, Slash offers the financial operations layer that matches that pace: corporate cards issued instantly to new hires, automated spend controls that scale with headcount, and real-time reporting that keeps finance teams ahead of the growth curve rather than chasing it. When your company is scaling as fast as the North Texas corridor, your financial tools should keep up.