RIO GRANDE CITY, Texas – The chairman and CEO of Texas Regional Bank says the architecture of Rio Grande City has influenced the look and style of his company’s banking centers.
Michael Scaief expressed his admiration for the historical architecture of Rio Grande City at a groundbreaking ceremony for its newest banking center.
The facility in Rio Grande City will be TRB’s 30th location in Texas and 14th in the Rio Grande Valley region. TRB is headquartered in Harlingen, Texas.
“Several years ago, I toured downtown and fell in love with the architecture,” said Scaief. “Today, every TRB branch built in the Rio Grande Valley was inspired by Rio Grande City brickwork.”
He said the construction of the Rio Grande City banking center will utilize 115,000 artisan handmade bricks.
“I look forward to serving the community that has had a substantial impact on Texas Regional Bank’s identity,” Scaief said.
Scaief said the new TRB location in Rio Grande City will offer a comprehensive range of banking products and services tailored to meet the needs of both personal and business customers.
He said the new banking center will also provide access to banking solutions, including savings, checking accounts, mortgages, commercial and personal loans, wealth management, and insurance services.
At the groundbreaking ceremony, Rio Grande City Mayor Joel Villarreal thanked TRB for choosing his city. He also spoke about the growth of the city.
“Texas Regional Bank builds relationships through loyalty, trust, and hard work, which is synonymous with the values of Rio Grande City,” Villarreal said. “It’s an investment in the future of our community and welcome to Rio Grande City.”
The groundbreaking ceremony was attended by guests, community leaders, local officials, and TRB team members. In addition to Scaief and Villarreal, other VIPs included Dr. Antonio Falcon, and state Rep. Ryan Guillen.
The Rio Grande City branch is being built at 4389 E US Highway 83 Loop in Rio Grande City. It is slated for completion in early 2024.
About Texas Regional Bank
Texas Regional Bank is a wholly-owned subsidiary of Texas State Bankshares, Inc. Ownership of the organization spreads across more that 1,000 shareholders, the majority of whom are from Texas. As of December 31, 2022, Texas Regional Bank had assets of $2.61 billion with banking centers across the Rio Grande Valley, the Texas Hill Country, Houston, and the DFW Metroplex. TRB is a full-service financial institution offering core banking, trust, wealth management, mortgage, international banking, insurance, foreign exchange, and economic development services.
Editor’s Note: For more information about Texas Regional Bank, visit www.texasregionalbank.com
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