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Press Release

Monday, June 23, 2014

 IBC Awards $1,000 In Scholarships to Area Graduate 

(June 23, 2014) Corpus Christi – IBC Bank-Corpus Christi is promoting higher education by awarding $1,000 in scholarships to 1 area high school graduate as he embarks upon college and a new chapter of his adult life. The student was awarded the A.R. Sanchez, Sr. Memorial Scholarship Award at a citywide reception Tuesday, May 20 at the Martha Luigi Auditorium in Rockport, Texas.

IBC Bank-Corpus Christi began this market-wide scholarship initiative to provide the opportunity for higher education to youth from low to moderate income households. Born into a humble family, Antonio R. Sanchez, Sr., the namesake of the scholarship award and the founder of IBC Bank, was a strong supporter of making higher education available to those interested in bettering their lives. Sanchez’s commitment to the power of learning lives on in the A.R. Sanchez Scholarship Award, which is bestowed annually upon deserving high school seniors in South Texas and the upper Gulf Coast area.

“The A.R. Sanchez, Sr. Memorial Scholarship Award tangibly demonstrates IBC’s ‘We Do More’ philosophy and reiterates the bank’s firm stance on promoting higher education in the community,” IBC Bank-Corpus Christi President and CEO Harold Shockley, Jr said. “This deserving high school senior is the future business men and women of Corpus Christi, and we are proud to assist him in their pursuit of higher education.”

This year, IBC Bank-Corpus presented a total of 1 A.R. Sanchez, Sr. Memorial Scholarship Awards, valued at $1,000,. Scholarship award recipients included: Esai Salazar – Rockport-Fulton High School

In addition to their scholarship, students were provided a free “Get Smart About Credit” financial literacy course, presented by IBC Bank-Corpus Christi. Credit management techniques taught in this course empower students to develop strong financial habits for a lifetime. The course informed students about different types of credit, the importance of credit worthiness, keeping records for checking accounts and how to identify ways to save money.

IBC Bank–Corpus Christi is a division of International Bancshares Corporation (NASDAQ: IBOC), an $12.1 billion multi-bank financial holding company headquartered in Laredo, Texas, with over 210 facilities and more than 320 ATMs serving 88 communities in Texas and Oklahoma. IBC Bank–Corpus Christi has been serving the Coastal Bend community since 1995 and has a retail branch network of 10 locations. IBC Bank–Corpus Christi was named Business of the Month by the Rockport–Fulton Chamber of Commerce in January 2012 in recognition of serving as a role model for other businesses and contributing to civic projects. Visit us on our YouTube channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. More information is available at www.ibc.com.