Our management team meets weekly to share information from the departments, divisions, and people that make up Texas Regional Bank. Below are a few of the highlights from our January meetings that you may find helpful:

New Banking Centers

Alex Meade, EVP of Economic Development, reported on the status of 8 future banking centers; sites include Rio Grande City, San Antonio, Cypress, and Southlake. In addition, Mr. Meade announced that our Austin Banking Center successfully opened in January. *Note: All new banking centers are subject to regulatory approval.

Wealth Management

Even in a down market, Bobby Farris, President of Wealth Management, shared that his division had a record year for revenue in 2022. He credits the growth to banker referrals.

New Banker Program

Michael Lamon, President of Bank Administration, talked about the New Banker Development Program. The program is for recent college graduates interested in a career in banking. Trainees will undergo two years of training; for the first 18 months, they’ll learn job skills in all bank areas, from operations to credit. Then, for the final six months of the program, the trainees will learn a specialization of their choice.

Net New Account Growth

Cesar Suarez, Chief Banking Officer, celebrated the banking centers that exceeded their net new account goal in 2022. Net New Account growth will continue to be a significant focus for TRB in 2023.

Stopping Fraud Before It Happens (read this one)

Chief Operations Officer, Rene Avila, reported that the bank’s fraud team caught $566,000 worth of fraud in December! Most of the scams were altered or counterfeit checks and ACH fraud. While Mr. Avila celebrated the loss avoidance for our customers, he reminded the team that it’s essential to stay vigilant in fighting fraudsters.