Frost Bank is expanding into New Caney with a new financial center at Valley Ranch Town Center, where construction is underway on a 5,336-square-foot facility.
The bank broke ground Nov. 4 at 21276 U.S. Highway 59, marking its first location in New Caney. The new branch will offer personal, small business and commercial banking services, including checking and savings accounts, loans and investment services. An opening date has not yet been announced.
The addition comes as Valley Ranch Town Center continues to attract new businesses to the rapidly growing East Montgomery County area.
Developed by Signorelli, Valley Ranch Town Center includes 1.5 million square feet of retail, dining, entertainment and service businesses. The shopping center is currently 97 percent leased, with more than 100 businesses operating there.
According to Placer.ai, the center attracts nearly 12 million visits annually, making it the most-visited power center in the Greater Houston area.
“New Caney is one of the fastest-growing communities in our region, and we’re excited to offer our services here,” said Richard Mann, Houston region president for Frost Bank. “Breaking ground today is the first step toward bringing the Frost experience to our new neighbors in New Caney and East Montgomery County, and we look forward to being part of this community for many years to come.”
Montgomery County has experienced substantial population growth in recent years, adding more than 160,000 residents between 2020 and 2025, according to the U.S. Census Bureau.
Greg Wattson, senior vice president of commercial development at Signorelli, said the decision by Frost Bank to open in New Caney reflects the area’s growing demand for services.
“Frost Bank’s decision to establish its first New Caney location at Valley Ranch speaks to the growth of this market and the strength of what we’re building here,” Wattson said. “As more families and businesses make this area home, we’re focused on attracting the services, employers and destinations that support that growth and make Valley Ranch their first choice.”
Founded in San Antonio in 1868, Frost Bank operates more than 200 financial centers across Texas.
More development underway at Valley Ranch
The new Frost Bank location is one of several projects taking shape within the 1,400-acre Valley Ranch development.
A 210,000-square-foot convention center, expected to be the seventh largest in Texas, is scheduled to open in December 2026 in the development’s Entertainment District.
Other projects include the 114-acre Marketplace District, which will feature the planned Village Green shopping and dining area, and the 55-acre Commerce District, anchored by a 125,000-square-foot H-E-B grocery store. Plans for the Commerce District also include 700,000 square feet of office, multifamily, hospitality, dining and retail space.
The 328-acre Azalea District will include the development’s final phase of single-family residential construction, along with additional health and wellness services.
The overall Valley Ranch development is planned to include 2.55 million square feet of retail, office, entertainment, restaurant and mixed-use space, along with more than 2,000 single-family homes and 1,000 multifamily residences.
The East Montgomery County Improvement District continues to work with Signorelli on economic development, infrastructure improvements and efforts to attract businesses to the area.
More information about the development is available at www.valley-ranch.com.