Mutual of Omaha Bank opening new state headquarters in Dallas

Mutual of Omaha Bank said Thursday that it will open a new Texas headquarters in Dallas' Preston Center business district.

The bank leased 14,000 square feet of space in the lobby of the 5950 Sherry Lane building, which overlooks the Dallas North Tollway. Mutual of Omaha will open the facility next month.

"Our new Texas headquarters will serve as a focal point for our expansion in this high-growth area," said Robert Strong, president of Mutual of Omaha Bank's Texas market.

"North Dallas is a vibrant community where some of the area's leading companies are located, making it an ideal location for our Texas headquarters as well as our commercial banking operation."

Mutual of Omaha Bank is a subsidiary of the well-known insurance and financial services company of the same name. It does business in Arizona, California, Colorado, Nebraska, Nevada and Texas.

Greg Trout of Henry S. Miller negotiated the lease. Other tenants in the building include UBS PaineWebber and Chase Home Finance.

The Dallas Morning News