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Press Release

Thursday, May 02, 2013

 IBC Bank Honored By Texas Bankers Association with Cornerstone Award 

IBC Bank recognized for its support of
Tejano Monument at state capitol

Cornerstone Award

IBC Bank received a 2012 Cornerstone Award from the Texas Bankers Association for its support of the Tejano Monument. (Left to right) Commerce Bank President & CEO Ignacio Urrabazo, IBC Bank Chairman Dennis E. Nixon, IBC Bank-Zapata CEO Renato Ramirez, IBC Bank-Zapata President Ricardo Ramirez, and TBA Chairman Mike Mauldin at ceremony May 2 in San Antonio, Texas.

(May 2, 2013) LAREDO, Texas – IBC Bank was recognized for its support of the Tejano Monument with a 2012 Cornerstone Award at the Texas Bankers Association’s 129th annual convention in San Antonio on May 2. The Tejano Monument was unveiled March 2012 on the south lawn of the Texas capitol. It is the largest of its kind on any state capitol grounds and honors the contributions of Texas’ early Spanish-American settlers and their descendants.

Fundraising for the Tejano Monument was led by IBC Bank–Zapata CEO Renato Ramirez, who was instrumental in the monument’s conception, capitalization and completion, raising $1.3 million from private donors. IBC Bank made the largest private donation to the monument fund at $200,000 and funded a yearlong public relations initiative to increase awareness and support.

“The Tejano Monument is more than a sculpture; it is a touchstone for all Texans, of all races, who take pride in their state and its roots,” IBC Bank Chairman and CEO Dennis Nixon said. “Through our decade-long dedication to this project, IBC Bank is instilled with a sense of community pride and we are honored to be recognized by the Texas Bankers Association.”

The Tejano Monument is seen by the more than 1 million people who visit the Texas State Capitol each year. The statues include a vaquero on his mustang, a Spanish explorer, a longhorn bull and cow, a couple holding an infant, a boy with a goat and a girl with a sheep. Five bronze plaques surround the monument and tell the story of the Tejano experience from the 1500s to present times.

“Until the emplacement of the Tejano Monument, a chapter had been missing from Texas history, at the Capitol and in Texas classrooms,” Ramirez said. “We hope the millions of early Tejano settler descendants will feel as proud as we do of this symbolic masterpiece.”

During the annual convention, former IBC Bank-Port Lavaca President and CEO Richard Bothe will also be honored. Bothe will receive a 50-year Banker Award during a luncheon ceremony May 3. He began his banking career in 1960 and served as president and CEO of IBC Bank-Port Lavaca from 1994 to 2012. He currently serves IBC Bank-Port Lavaca as chairman of the board.

The Texas Bankers Association (TBA) is the largest state banking association in the U.S. TBA represents the Texas banking industry with members of all asset sizes – this includes 85 percent of Texas banks, 5,200 bank branches and 95 percent of Texas deposits. Founded in 1885, the organization represents its members at the state and federal levels by monitoring legislative and regulatory issues affecting banking.

IBC Bank is a member 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. More information is available at www.ibc.com. Visit us on our YouTube Channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION.