HARLINGEN, RGV – Through a growing partnership with Habitat for Humanity of the Rio Grande Valley, Texas Regional Bank officials say they can showcase the bank’s dedication to helping the community, “one nail, one home and one dream at a time.”
The dedication shown towards Habitat for Humanity was highlighted when TRB was awarded the 2017 Best of Banking Golden Eagle Award for Community Service at the Independent Bankers Association of Texas 43rd Annual Convention.
The convention, which was held Sept. 30 to Oct. 3, 2017, in Austin, Texas, is a four-day event that takes an in-depth look at key issues impacting the banking industry, specifically those related to community banks. General sessions, learning labs, regulator roundtables and banker-peer resource sharing sessions are offered on the education front. Networking opportunities and entertainment options, including the Chairman’s Tailgate Party, PAC Auction/Dinner and Songwriters’ Late Show, round out the Convention schedule.
Michael Scaief, chairman of Texas Regional Bank, said the 2017 Best of Banking Golden Eagle Award for Community Service was given for TRB’s partnership with Habitat for Humanity of the Rio Grande Valley.
“We are happy to win this award but are proud of our team that made this award possible,” Scaief said. “It takes hundreds of volunteer hours to build a home but it only takes a moment to make a decision to help, and our team are full of good moments.”
Scaief said that over the past year TRB has set a goal of strengthening its relationship with Habitat for Humanity. He said that from a pledge of $30,000 to Habitat for Humanity of the Rio Grande Valley at the close of 2015, TRB has now established a long-lasting relationship with this organization that offers a “hand up” and not a “hand out” to worthy families in Hidalgo and Cameron Counties.
Paul Moxley, president and CEO of Texas Regional Bank, said TRB’s community service includes providing financial support through sponsorships, manpower through sweat equity volunteerism, knowledge by serving on Habitat’s family selection committee, ongoing financial education to new homeowners, and a community development loan of $250,000 to support both affordable housing rehabilitation and construction of new homes.
“The best part of this award is at the end of the day, two families have homes they can call their own,” Moxley said.
TRB will continue to focus on helping the communities it serves, said Moxley, who is McAllen Chamber of Commerce’s Man of the Year.
Texas Regional Bank began operations in May of 2010 with the acquisition of Falfurrias State Bank which had one banking center and $18 million in assets. Today, it has 13 banking centers in the Rio Grande Valley, Falfurrias, and the Texas Hill Country with assets in excess of $800 million and capital of more than $80 million.
Texas Regional Bank is a wholly-owned subsidiary of Texas State Bankshares, Inc. Ownership of the organization spreads across more than 600 shareholders across Texas. Texas Regional Bank is proud to have a broad shareholder base and ownership structure, where no one family may own more than ten percent of the bank. To learn more about the bank visit us online at www.texasregionalbank.com.
