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Press Release

Wednesday, April 03, 2013

 IBC Bank Float Wins Top Award in McAllen's Borderfest Parade 

Bank is sponsor of “Celebrating the Cultural
Treasures of Mexico” themed Grand Parade

(April 3, 2013) McALLEN, Texas
- IBC Bank-McAllen served as a sponsor of the 36th annual BorderFest Grand Parade on March 2. There were 175 entries that participated under the “Celebrating the Cultural Treasures of Mexico” theme; 42 floats were entered in competition. IBC Bank’s float, “The Price of Freedom,” took first place in the commercial category. Fifty IBC Bank-McAllen employees volunteered in different areas of the BorderFest celebration.

BorderFest got its start in 1976 when a committee from the Hidalgo Chamber of Commerce set out to celebrate the American bicentennial in a unique way, by recognizing the local border culture, the international setting, and the community spirit of the area. The non-profit BorderFest Association says there were 500 in attendance at the first BorderFest, and that 36 years later, approximately 90,000 people take part in the weekend long festivities, hailing from the area, state, and nation. The main goals of the BorderFest Association are to showcase the diversity of South Texas, its food, fun, language and the lives of its residents.

“IBC Bank-McAllen has deep roots in our community and we are happy to take part in annual BorderFest festivities,” IBC Bank-McAllen President and CEO David Guerra said. “We are honored that our bank’s float was recognized as one of the best in the parade.”

IBC Bank’s “The Price of Freedom” float also recently participated in Laredo’s “IBC Youth Parade Under the Stars” on February 21, winning two awards for Best Commercial Float and the Grand Marshal’s Award for Best Design in a Commercial Float. The float also participated in Laredo’s Anheuser-Busch Washington’s Birthday Parade February 23 and was awarded the Grand Marshal’s Award.

IBC Bank–McAllen is a division of International Bancshares Corporation (NASDAQ: IBOC), an $11.9 billion multi-bank financial holding company headquartered in Laredo, Texas, with 215 facilities and 339 ATMs serving 88 communities in Texas and Oklahoma. IBC Bank-McAllen has been serving the Hidalgo County community since 1990 and has a retail branch network of 27 locations throughout the area. IBC Bank-McAllen was named "Favorite Bank" by McAllen Monitor readers as part of the 2012 Readers' Choice Awards; it also received this recognition in 2004, 2005, 2009, 2010, and 2011. More information is available at www.ibc.com. Visit us on our YouTube Channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION.