TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Forbes’ 2024 ranking of the Best-In-State Banks and Credit Unions was released at the end of June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2024. Forbes collaborated with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more
Forbes has released its 15th annual list of “America’s Best Banks,” with numerous companies headquartered in Texas making the cut. Of the 100 banks on the list, eight are based in the Lone Star State. Here are the Texas-based 2024 “America’s Best Banks” (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks: … Read more
On November 9, Laredo-based IBC Bank and Commerce Bank held a press conference at its main office to announce that all their branches in their Laredo, Roma, Zapata, Eagle Pass and Del Rio markets will be collecting canned foods from November 15 through December 15 to benefit the South Texas Food Bank. Joining the press … Read more
Forbes has released its fifth annual list of the “World’s Best Banks,” with numerous banks headquartered and/or doing business in Texas making the cut. Of the 75 banks based in the U.S., at least 16 of them operate in the Lone Star State. San Antonio-based USAA Federal Savings Bank topped the list of U.S.-based banks. … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) in Dallas held its 2022 commencement on June 9 for the 62nd class. SWGSB Foundation trustee Brad Cheves, vice president for development and external affairs at SMU, gave the commencement address on executive education’s role in leadership development. John Hope Bryant, renowned entrepreneur, … Read more
The board of directors of IBC Bank–Corpus Christi recently appointed Gustavo A. Barrera to lead its Corpus Christi region as president and CEO. With more than 26 years of community banking experience, all with IBC Bank, Barrera’s knowledge and expertise have contributed to the overall growth and success of the Corpus Christi region and business … Read more
IBC Bank-Brownsville recently announced the promotions of key employees in various departments. Richard Eric Abete was promoted to senior vice president in the commercial lending department. He has been with IBC Bank since 2003. Abete received his BBA degree from the University of Texas–Brownsville. His community involvement includes serving as first vice chairman of the … Read more
IBC Bank–McAllen recently announced promotions in various departments within the financial institution. Janet Gonzalez was promoted to vice president and area sales manager in the retail banking department. She has been with IBC Bank since 2005. Gonzalez received a BA degree in economics from the Universidad Autonoma de Nuevo León. Her community involvement includes serving … Read more
IBC Bank–Eagle Pass recently announced the promotions of three bank associates in various departments. Rosalba Duran has been promoted to bank officer in the retail division. She has 24 years of banking experience, 15 of those years with IBC Bank. One of her favorite pastimes is working with community nonprofit organizations as a member of … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more