TEXAS BANKING NEWS, PEOPLE and IDEAS
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
On March 2, Laredo-based IBC Bank announced the promotion of Ernesto Valdez, commercial portfolio manager, to bank officer. As a bank officer in the commercial lending department, he will be responsible for maintaining a client loan portfolio of more than 300 accounts, as well as obtaining new loans. He will also be one of the … Read more
On December 17, Gerald “Gerry” Schwebel, executive vice president at Laredo-based IBC Bank, was presented the Asociación de Empresarios Mexicanos (AEM) San Antonio Legacy Award. The AEM San Antonio Legacy Award recipient is selected by the AEM board of directors to recognize a local business leader who has demonstrated continuous support of the association and … Read more
Laredo-based IBC Bank is mourning the loss of banking veteran, community leader and founding president and CEO of IBC Bank-Brownsville, Fred W. Rusteberg, who passed away on July 19. He was 74. He retired in 2016, after more than four decades in the banking industry. He founded the first IBC Bank in Cameron County, the … Read more
Executives from Laredo-based IBC Bank joined the Texas Border Coalition and the Borderplex Alliance for a virtual U.S.-Mexico Border Summit on June 17. This annual event, which typically takes place in-person—brings together business, government and civic leaders to discuss the importance of the border region in increasing the global competitiveness of both the United States … Read more