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IBC BANK-PORT LAVACA AWARDS SCHOLARSHIPS

Jun 02

A.R. Sanchez, Sr. Memorial Scholarship awarded to high school seniors

(June 2, 2017) PORT LAVACA, TX - IBC Bank-Port Lavaca continues their support of higher education by awarding area students with the A.R. Sanchez, Sr. Memorial Scholarship as they venture into college and start a new chapter of their lives. Scholarships are granted to students who demonstrated a "Do More" attitude and leadership in student and community affairs throughout their years in high school.
Two events were held at the IBC branches in Port Lavaca and Bay City on May 30 and 31 respectively, where $4,000 was handed out to deserving students from three high schools.
"Awarding the A.R. Sanchez, Sr. Memorial Scholarship is an important part of IBC's ‘We Do More' philosophy," said Derek Schmidt, IBC Bank-Port Lavaca President and CEO. "The students receiving the scholarship are our future leaders and we are extremely honored to assist in the pursuit of their higher education goals."
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 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 Oklahoma.
"It gives me great joy to see the expression on the faces of the students as we hand them a check for $1,000, which they will use to defray the costs of going to college," said Schmidt. "We love giving back to our community and know the awards are appreciated."
This year, IBC Bank-Port Lavaca handed out four $1,000 A.R. Sanchez, Sr. Memorial Scholarship Awards students throughout the area.
Scholarship award recipients:
• Marco Valdez, Calhoun High School

• Lucero Valadez, Calhoun High School

• Lourdes Hernandez, Palacios High School

• Detrick Delarosa Jr., Bay City High School
IBC Bank-Port Lavaca is a member of International Bancshares Corporation (NASDAQ: IBOC), a $12 billion multi-bank financial holding company headquartered in Laredo, Texas, with 192 facilities and more than 297 ATMs serving 87 communities in Texas and Oklahoma. In 2016, IBC celebrated its 50th anniversary since it opened its doors for business in 1966. IBC Bank's slogan "We Do More" reflects the bank's dedication to the growth and success of both the customers and the communities it serves. International Bancshares was ranked 46th on Forbes' prestigious list of 100 Best Banks in America in 2017. IBC Bank-Port Lavaca has been serving the area since 1994 and has a retail branch network of three locations. The Port Lavaca Chamber of Commerce named IBC Bank-Port Lavaca as the 2015 Business of the Year. Visit us on our YouTube channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. More information is available at ibc.com.