IBC Bank - Port Lavaca honors 4 high school seniors with the A.R. Sanchez, Sr Memorial Scholarship

(July 24, 2020) PORT LAVACA, Texas - IBC Bank-Port Lavaca remained steadfast in their commitment to support higher education by awarding area students with the A.R. Sanchez, Sr. Memorial Scholarship. As a strong advocate for higher learning scholarships are granted to students who demonstrated a "Do More" attitude and leadership in student and community affairs throughout their years in high school.

IBC Bank-Port Lavaca and IBC Bank-Bay City distributed $4,000 in scholarships to deserving students from three high schools.

"The students who were selected to receive the scholarship award are examples of IBC Bank's ‘We Do More' philosophy" said IBC Bank - Port Lavaca President and CEO Derek Schmidt. "We are extremely honored to assist in the pursuit of their higher education goals and their success."

Born into a humble family, Antonio R. Sanchez, Sr., the namesake of the scholarship award, 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, Sr. Memorial Scholarship Award, which is bestowed annually on deserving high school seniors in Texas and Oklahoma.

"It is a pleasure to see the excitement and anticipation on the faces of the students and their parents, as we hand them a check which will contribute to their future success" Schmidt added. "We love giving back to our community and know the awards are appreciated." This is why the bank also facilitates a financial literacy session offering each student tips and information on maintaining good credit. All in the spirit of doing more for our students and their future success.

Scholarship award recipients include:

IBC Bank-Port Lavaca

Caleb Harrington                                                     Calhoun High School

Krishan Patel                                                           Calhoun High School

A'mayah Payton                                                       Bay City High School

Lizbeth Cervantes                                                    Van Vleck High School

This year, IBC Bank presented over $120,000 in scholarships to high school seniors throughout their corporate footprint in Texas and Oklahoma.

About IBC Bank-Port Lavaca

IBC Bank-Port Lavaca is a member of International Bancshares Corporation (NASDAQ: IBOC), a $12.5 billion multi-bank financial holding company headquartered in Laredo, Texas, with 187 facilities and 284 ATMs serving 88 communities in Texas and Oklahoma. IBC Bank's slogan "We Do More" reflects the bank's dedication to the growth and success of the customers and the communities it has been serving since 1966. IBC Bank-Port Lavaca has been serving the area since 1994 and has a retail branch network of three locations. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. Follow our Facebook and Instagram page, @IBCBankWeDoMore. More information is available at ibc.com.

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