Broadway National Bank (d/b/a Broadway Bank)

Broadway National Bank (d/b/a Broadway Bank) is a privately held community bank headquartered in San Antonio, Texas, founded in 1941 by Col. Charles E. Cheever Sr. and Elizabeth Cheever. It remains family-owned — the Cheever family controls roughly 90% — and is described as the largest independently owned bank headquartered in the San Antonio metro. Its holding company is Broadway Bancshares, Inc. As of 2025 the bank reported about $5.9 billion in total assets, roughly $3.8 billion in wealth-management assets, approximately 595 employees, and 35 branches (FDIC certificate #15797). It has no public ticker.

Products and services. Broadway Bank is an operating institution offering commercial and private banking, commercial and residential lending, wealth management and investment services, personal/business banking, and insurance. Its customer base is primarily small businesses, families, entrepreneurs, and multigenerational clients across San Antonio, Austin, Dallas, Houston, and the Hill Country.

Litigation posture. The case data show Broadway as plaintiff once and defendant zero times. This does not signal an NPE: Broadway is the operating company here, filing a defensive declaratory judgment of non-infringement against Plano Encryption Technologies, LLC (PET), a Plano, Texas patent-holding LLC. The dispute arose after PET's cease-and-desist letter alleged that Broadway's mobile-banking and online-banking applications infringed three patents on secure data transmission, authentication, and data-repository access (U.S. Patents 6,587,858, 5,974,550, and the '399 patent).

Notable case/context. Broadway National Bank v. Plano Encryption Technologies, LLC was filed November 20, 2015 in the Western District of Texas (No. 15-cv-1056). The court granted PET's motion to dismiss for improper venue and transferred the case to the Eastern District of Texas, Marshall Division (Judge Rodney Gilstrap), where it became No. 2:16-cv-00291 and closed September 20, 2016. PET asserted the same portfolio against numerous Texas banks, and vendor Jack Henry & Associates indemnified several banks, producing parallel declaratory actions in the Northern District of Texas and District of Delaware. The matter reflects a bank defending against NPE-style licensing demands over third-party-provided banking software.