Category Archives: Finance/Banking

Women of Purpose Includes Farewell

The annual Women of Purpose Social Mixer on March 4 hosted by IBC Main in McAllen was even more special than past years. Keynote speaker Dalia Martinez, IBC executive vice president, spoke from the heart about overcoming challenges to earn mentorship status. Adrian Villarreal, IBC McAllen president and CEO, also spoke. But the evening belonged to Dora Brown. It was a retirement party. After years of doing what she loves,…

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Quiroga Uses Immigrant Experience As Motivation

Joe Quiroga is the first Valley banker to serve on the Federal Reserve Bank of Dallas.

It’s an eventful road from being a 6-year-old child and recent immigrant struggling to learn English to being on the board of directors of the Federal Reserve Bank of Dallas. Joe Quiroga has been on that journey. He recalls the days when as a young boy, he would spend hours at the library in the coastal Texas town of Palacios. Quirgoa would pore over books, taking in a new language.…

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Serving Brings McAllen CPA Joy

Lorena Castillo-Saldaña is a partner at Negrete & Castillo LLP in McAllen.

Born and raised in McAllen, Lorena Castillo-Saldaña loved visiting her maternal grandmother’s corner store in Reynosa. She would watch her grandma, her mom and her aunts as they worked. “I would see my mom tallying up lines of numbers,” Castillo- Saldaña said. “And I would think, ‘I want to do that!’”   That desire did not wane. After graduating from McAllen High School, Castillo-Saldaña enrolled at the University of Texas-Pan American…

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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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