Category Archives: Finance/Banking

IBC Bank Hosts Mentorship Presentation

IBC Bank-Brownsville recently held a luncheon at its Main Bank for the bank presidents from the four Minitropolis programs in the Brownsville area. Invitations went to Hudsonville, Cowboyville, Kenmont and Episcopal Day School Mintropolis presidents. Here, they had the chance to network and engage in conversation regarding the importance of their roles. In addition, IBC Bank-Brownsville President & CEO Al Villarreal introduced a mentorship program. It will allow students of…

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Helping Business Owners Help Themselves

Christopher Wycoco conducts free one-hour seminars as part of his Business Made Easier series.

For Christopher Wycoco, business isn’t just about making money. It’s also about helping the community.  That’s why this young entrepreneur and owner of Wycotax is hosting regular free seminars for business owners who want to learn more about running their companies, whether it is a store, restaurant, doctor’s office or insurance agency.  Wycoco has been holding seminars called “Business Made Easier” throughout the Valley for several months and he will continue…

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Planting the Banking Seed

A commemorative bill marking launch of First National Bank of Mercedes in 1920.

  A drive into town for Jose Platon Ortega usually meant a stop at the bank. For Ortega there was only one bank – the First National Bank of Mercedes. He was greeted there by friendly tellers, with one in particular knowing his account number by memory. “Veinticinco, cuarenta dos, diecinueve,’” said Saul Ortega, Jose’s son, who grew up knowing his Dad’s account number of 254219.  Jose Platon Ortega was a…

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IBC Bank Awards Local Scholarships

IBC Brownsville scholarships 2019

Students from 12 area high schools are the recipients of a total of $12,000 in scholarships from IBC Bank-Brownsville. The A.R. Sanchez Sr. Memorial and Fred W. Rusteberg scholarships are need-based scholarships for those high school seniors possessing a commitment to IBC’s “Do More” philosophy. “At IBC Bank, we understand that the future of our community depends on the success of our students,” says IBC Bank-Brownsville President and CEO Al Villarreal.…

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IBC Bank Teaches Children Financial Literacy

IBC Bank-McAllen employees are spending this spring using their professional expertise to teach local students the fundamentals of financial literacy. McAllen is joining IBCs across Texas and Oklahoma partaking in Financial Literacy Month and the American Bankers Association’s Teach the Children to Save initiative. IBC Bank-McAllen is providing 17 presentations to a total of 300 students. The presentations include real-life exercises like paying a mortgage, buying groceries and budgeting for emergencies. Bank…

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VITA Assists With Free Tax Returns

The VITA program will be at STC until March 8 to assist with tax returns.

The Volunteer Income Tax Assistance program is currently offering free income tax service at South Texas College. VITA works in cooperation with United Way of South Texas and the Internal Revenue Service. The program offers free tax assistance to people who make approximately $55,000 or less. The VITA office is open from 11 a.m. – 5 p.m. until March 8 at the Pecan campus portable building #27B on the west side of…

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Rio Bank Tops Off New Headquarters

Hundreds gathered for the Rio Bank “Topping Out” lunch on Jan. 17 to celebrate the final beam addition to the new corporate headquarters in McAllen. Signing the beam were contractor workers and Rio Bank directors and employees, as well as other business leaders. The beam then made its way to its destination atop the sixth floor of the building on the north side of the Interstate near McColl. With roughly…

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UTRGV Offers Accelerated Online Masters

utrgv-college-of-business-and-entrepreneurship

A new online Master of Accountancy program is now an offering in UTRGV’s Accelerated Online Graduate Programs in the Robert C. Vackar College of Business & Entrepreneurship. The MACC program is for accounting professionals seeking skills and knowledge to advance into a leadership role. It also enables students to satisfy the 150-hour requirement of the Texas State Board of Public Accountancy to sit for the Certified Public Accountant examination. “The online accelerated MACC program…

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IBC Executive Meets with Mexican Leaders

IBC Bank Executive Vice President Gerry Schwebel and Chief of Staff designee and Liaison to the Mexican private sector Alfonso Romo

IBC Bank Executive Vice President Gerald “Gerry” Schwebel recently participated in a mission to Mexico City to meet with leaders of the incoming government of President-elect Andrés Manuel López Obrador. Organizer of the mission was the U.S.-Mexico CEO Dialogue, an initiative of the U.S. Chamber of Commerce. The group, made up of both U.S. and Mexican leaders, addresses core issues in the countries’ bilateral relationship. Schwebel and other representatives met with…

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Entrepreneurial Enthusiasm

WycoTax owner Christopher Wycoco, second from right, with his team at the company’s Harlingen office. (VBR)

Christopher Wycoco was the first man to graduate from the Entrepreneur Boot Camp at the Women’s Business Center of Cameron County. This year, the Women’s Business Center nominated him for, and he received, the 2018 Minority Business of the Year Award from the Small Business Administration. A native of the Philippines, Wycoco came to the Rio Grande Valley to pursue a career as a registered nurse, taking a position at…

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