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 May meetings that you may find helpful:
Community Banking is Strong
Michael Scaief, CEO, discussed the state of the bank; Texas Regional Bank deposits are stable, and the balance sheet is well positioned. “Regional” banks have made media headlines recently. This news is referring to large publicly traded banks with assets more than $20 billion. Texas Regional Bank is a community bank with regional in its name. Overall, community banks in the state are doing well.
The shareholder meeting was held on May 18. The shareholder report is available for download here: Investor Relations – Texas Regional Bank
TRB & San Antonio
Hill Country Regional President Lance Spruiell provided an update on the San Antonio location at 18460 Blanco Rd (near 1604 North & 281). Final touches are being made and the banking center will open on June 5.
HR on LinkedIn
According to CHRO Cambrea Merriwether, LinkedIn is an area of focus for TRB Human Resources. The bank will leverage the platform to recruit talented bankers in all our regions. Help TRB’s recruitment efforts by following Texas Regional Bank on LinkedIn and connect with Robert Rodriguez, TRB’s Talent Acquisition Specialist.
International Private Banking (IPB) Expands
Eduardo Caso, IPB President, reported on hiring Ricardo Elias as International Banking Officer. In this new role, Mr. Elias will expand IPB’s reach throughout the state: building international banking relationships in the Dallas, Houston, and Austin regions.
President’s Council Meets
Upper RGV Regional President Fred Garza spoke about hosting the TRB President’s Council Meeting. Regional and Corporate leadership gathered in the RGV to discuss bank’s strategic plan and share updates from their regions.
Great Save Program
COO Rene Avila discussed the ongoing fraud problem. The bank has a program called the “Great Save Program,” which recognizes and rewards front-line employees for their detection of fraud. Since the beginning of the year, 17 front-line employees have been rewarded.
Check fraud is the most prevalent type of fraud. One-way scammers produce fraudulent checks is through mailbox theft. Read about it here: Mail and Check Fraud is on the Rise – Texas Regional Bank
Insurance Referrals
Ryan Newman, Insurance Division President, reported on the ongoing success of the division. Worth noting was the Builder’s Risk Policy referrals that helped Cory De La Cruz gain recognition. Continue to send insurance referrals to rnewman@trb.insurance.
