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Falcon International Bank Extends Deposit Coverage to $25 Million (October 31, 2005)

Thursday, 02 December 2010

Falcon International Bank Extends Deposit Coverage to $25 Million (October 31, 2005)

Falcon International Bank has provided more than $100 million of Federal Deposit Insurance Coverage

 

Promontory Interfinancial Network announced this week that Falcon International Bank, based in Laredo, has provided more than $100 million of Federal deposit insurance coverage to customers through Promontory's premier service, CDARDS.
With CDARS, banks can offer a customer up to $25 million in Federal deposit insurance coverage. CDARDS, or the Certificate of Deposit Account Registry Service, has been endorsed by the American Bankers Association.
Mark Jacobsen, President and COO of the Network, and a former FDIC chief of staff, noted, "The largest financial institution in the country can not offer anything safer than CDARDS. There are few guarantees in life - FDIC insurance is one of them. And with interest rates rising, CD's are becoming a more attractive cash management and investment option."
To offer CDARDS, a deposit placement service, a bank must be a member of Promontory Interfinancial Network, a nationwide network of more than 1,000 banks.
When a customer places a large deposit with a Network member, the bank arranges for the placement of funds into certificates of deposit issued by other Network banks - in increments of less than $100,000 to ensure that both principal and interest are eligible for full FDIC protection.
Falcon offers traditional deposit products, loan origination, and trust services from four branches in Laredo, and a single branch in San Antonio. As the "International" in its name implies, the bank also provides services such as foreign currency exchanges, international wire transfers, letters of credit, and foreign drafts.

Falcon International Bank Opens in Eagle Pass (October 6, 2005)

Thursday, 02 December 2010

Falcon International Bank Opens in Eagle Pass (October 6, 2005)

Eagle Pass Branch Now Open

 

Laredo-based Falcon International Bank quietly opened its doors on Monday, October 3, 2005 at 725 Main Street (next to Foster Realty) to become the fifth financial institution to open for business in Eagle Pass within the last 10 years.
Founded in 1995, Mr. Hugo Gutierrez, Sr. and his four sons, Hugo Jr., Ricardo, Adolfo, and Roberto, and grandson, Hugo III purchased a majority interest in the bank. Adolfo Gutierrez is Falcon International Bank's president and Chief Executive Officer. The Falcon Bank Board of Directors is comprised of Chairman of the Board Hugo Gutierrez Sr., Hugo Gutierrez Jr., Adolfo Gutierrez, Gilbert Narvaez Jr., John J. Hill, Ray A. Gonzales, Hector H. Garcia Sr., and Hector H. Garcia Jr.
Falcon believes that the best business values are derived from family and community values. Falcon Bank knows what counts with its customers: personalized service, attention to detail, and genuine committment to helping the customers achieve their dreams. Falcon Bank President and CEO Adolfo Gutierrez explains Falcon's as follows: "We are not conventional bankers. We're business people first, and we like finding ways to make deals work, instead of ways to shoot them down."
Falcon International Bank has three Laredo branches, a representative office in Monterrey, Nuevo Leon, Mexico, two in San Antonio, one in Del Rio, and now in Eagle Pass. Future branches in the Rio Grande Valley are planned as well.
Falcon International Bank has assets in excess of $370 million and over 190 employees. Hispanic Business magazine last year named Falcon Bank the 163rd largest Hispanic Business in the United States and the 74th fastest growing. Also, the National Banking Assosiation has recognized Falcon Bank as the top-performing bank in their membership for two consecutive years.
All Eagle Pass and Piedras Negras, Coahuila, Mexico businesses, entrepreneurs, investors, bank clients, and general public are cordially invited to visit Falcon Bank at its new Eagle Pass branch bank location at 725 Main Street. Falcon Bank is a full-service bank open to the public. A formal grand opening will be scheduled in the near future.
In 2004, the Laredo Chamber of Commerce honored the Gutierrez Family with the "Distinguished Business Persons of the Year Award" in recognition of their significant and outstanding business and community contributions.
The Eagle Pass Business Journal welcomes Falcon International Bank to Eagle Pass and wishes them success its endeavors.

Falcon CEO Named Walk America Chair (September 2, 2005)

Thursday, 02 December 2010

Falcon CEO Named Walk America Chair (September 2, 2005)

Adolfo E. Gutierrez appointed as Walk America Chair

 

The Laredo Division of the March of Dimes said Thursday Adolfo E. Gutierrez, Falcon International Bank CEO and president, will serve as honorary chairman for WalkAmerica 2006 on Sunday, April 23.
Lucy Lucio, assistant vice president in charge of foreign exchange and letters of credit for Falcon Bank, is the chairperson of the 2006 walk.
Sabas Zapata III, Falcon Banks executive vice president, was named the walks Revenue chairperson.

Last year the Laredo division raised approximately $134,000 from the WalkAmerica, and we hope to exceed $143,000 in 2006 Gutierrez adds. I urge you to join me and help give all babies a fighting chance.
Lucio, Jackie de la Vina, marketing and business development officer for the bank and Ana M. Barrientos, Falcon Bank loan processor, serve on the March of Dimes Board of Directors. De la Vina will assist Lucio as the team captain for the bank.
Falcon Bank has always been a very good friend of the Laredo division of the March of Dimes, said Norma Saldana Lopez, Laredo Division director for the March of Dimes.

Mr. Gutierrez has personally walked in some of the walks, and leads the fantastic participation at Falcon Bank. Bank employees have raised money for and participated in the WalkAmerica sponsor since 1999. Falcon Bank staff members also have helped in the planning of the WalkAmerica event, as well as serving on the local board, since 1999, she said.
As a family business, Falcon Bank knows the necessity of ensuring our childrens health and safety, Gutierrez said.

Among March of Dimes lifesaving breakthroughs are pioneering surgery that corrects certain birth defects before a baby is born, surfactant therapy to help babies breathe, and other new tests and treatments that help preemie babies recover.
Prematurity is the leading killer of babies in their first month of life, and a major cause of long term health problems, including cerebral palsy, mental retardation, blindness and chronic lung problems.

Falcon International Bank To Open Branch in Del Rio (August 10, 2005)

Thursday, 02 December 2010

Falcon International Bank To Open Branch in Del Rio (August 10, 2005)

Del Rio Resident named Managing Officer

 

Falcon International Bank, a $400 million institution with four locations in Laredo, a branch in San Antonio, and a representative office in Monterrey has been granted regulatory approval to establish a Loan Production Office (LPO) in Del Rio in temporary facilities at 315 South Main. The target date for the opening of said facility is August 16, 2005. The LPO will offer Commercial, SBA, Mortgage, Home Improvement, Home Equity and Interim Construction loans, as well as Lines of Credit.
By the end of August 2005, Falcon International Bank will convert the LPO into a full service branch with traditional banking services, including investments, insurance, and trust products and services.
In late 2005, the bank staff will move into a remodeled building at 504 South Main St. to operate a full service bank, complete with drive through lanes.
Long-time Del Rio resident Guillermo Willie Hyslop has been appointed Sr. Vice President/Managing Officer of the Del Rio branch for Falcon Bank. The bank will hire two additional loan officers from the Del Rio area at this time, with plans to increase the staff by as many as 15 people by the end of the year when they move operations to the permanent bank building. Hyslop will also be responsible for overseeing of the new Falcon Bank branch in Eagle Pass.
Hyslop has eight years of experience in the banking industry in Del Rio. A graduate of Southern Methodist Universitys Southwestern Graduate School of Banking and Texas A&M University with a B.S. in Business Administration, he also has his certificate in International Business from the Universidad de Las Americas in Puebla, Mexico.
The building that Falcon International Bank will occupy at the end of the year is an 11,500 sq. foot facility, which used to be a former bank many years ago, in downtown Del Rio. Falcon Bank is hiring Del Rio contractors for the refurbishing of this location.
Del Rio excitedly welcomes Falcon International Bank to our growing community, says Laura Plumb, Main Street Coordinator for the City of Del Rio. Having Falcon International Bank located in our historic central business district is definitely an added bonus. We see this new downtown business as a sure sign that our historic downtown is well on its way to a successful revitalization.
Several months ago, Falcon was encouraged by progressive business leaders to visit the community of Del Rio, says Falcon International Bank CEO and President Adolfo E. Gutierrez. We were told that Falcon would fit seamlessly into Del Rio's culture, as well as benefit immensely from its growth potential. What we found was a dynamic community, vibrant and poised for explosive development a community that immediately felt like home.
Falcon Bank is going to be a great partner in Del Rios future on many levels, but there are several that are especially important to me and I would imagine to all Del Rio residents: the banks emphasis on superior customer service; its sound philosophy; and the point that decisions will be made locally. The bank is a perfect fit for the cities rapid growth in many sectors, including industrial industry and government agencies such as the Border Patrol and Laughlin Air Force Base, says Del Rio Falcon Managing Officer Hyslop. In fact, Falcon Bank is already in the process of providing financing to a large housing community on the outskirts of the city.
Besides Falcon Banks six existing bank facilities, the bank management has plans to open additional banking units in the following Texas cities:
San Antonio: Full service branch will open at 2530 Southwest Military Drive at Zarzamora in late September 2005.
Buda: Full service branch will open at 1005 North Loop 4 at IH 35 in late August 2005.
Eagle Pass: private banking branch will open in September 2005 in downtown area at 725 Main Street. Within 8 to 10 months, plans call for a second full service branch facility to open on Bibb Street directly adjacent to the Wal-Mart.
McAllen: by August 15, Loan Production Office (LPO) will open at 220 North 10th Street, with plans to convert it into a private banking branch in the fourth quarter of 2005.
San Antonio: two additional full service branches are slated to open in this market in 2006.
A family-owned privately held business, Falcon Bank has served the Laredo market for 18 years and was named 172nd in the Hispanic Business 500 the annual directory in the June 2005 issue of Hispanic Business magazine of the top Hispanic-owned firms in the United States. That same magazine recently recognized the bank as 74th on its list of 100 fastest-growing Hispanic owned businesses. Falcon Bank earned its second consecutive High Performance Bank Award in 2003 by the National Bankers Association.
In ten short years, Hugo Gutierrez, Sr. and his four sons, Hugo Jr., Ricardo, Adolfo, and Roberto, and grandson Hugo III, have taken Falcon Bank from a bank with a staff of 20 and assets of $52.8 million to a chartered bank with 200 employees and assets of $400 million. Even with the great growth, the banks management and staff operate with a small-town banks sense of community, believing that building relationships with customers is just as important as building business transactions with them.
The Laredo Chamber of Commerce honored the Gutierrez family with the 2004 Distinguished Business Persons of the Year Award. Adolfo Gutierrez is now the banks President and CEO. Joining him on the Board of Directors are his brother, Hugo Gutierrez Jr., and father, Hugo Gutierrez Sr., who serves as Chairman of the Board. Hugo III acts as Marketing and Business Development Officer for the San Antonio branch in the Stone Oak area.
Falcon International Bank has an impressive and extensive record of active participation in the communities it serves. CEO/President Gutierrez has just been named Honorary Chairman for Walk America 2006 in Laredo. Other key chairpersons for the Walk that are Falcon employees include Lucy Lucio, chairperson of the 2006 Walk; Sabas Zapata III, Revenue Chairperson; and Jackie de la Viña, Team Captain for Falcon Bank and MOD Board Member. In addition, employees of Falcon Bank are well-known in their respective communities for selfless contributions to numerous endeavors, including Little League Baseball teams, the annual nationwide United Way campaign, Habitat for Humanity, the Salvation Army, Optimist Club, the Parent Teacher Association (PTA), the American Hearth Association, Communities in Schools, Hospice of South Texas, Friends for the Library, Junior Achievement of South Texas, and the Laredo Chamber of Commerce.
In keeping with its commitment to the Del Rio community, we will certainly join important civic organizations, and have plans to implement an Advisory Board made of local residents at some point, says Hyslop.
Through the Certificate of Deposit Account Registry Service, or CDARS, Falcon International Bank customers can deposit up to $20 million with eligibility for full Federal Deposit Insurance Corporation (FDIC) insurance, and get the convenience of managing funds through one relationship, allowing for a risk free investment. Contrary to popular belief, its not just the wealthy that need this service. Retirees and business owners are using the CDARS service, as well as many government and nonprofit organizations that are required to invest funds locally or with federal government backing. With CDARS, these customers can fulfill their obligation to invest locally, secure their funds, and have the added convenience of managing funds with one institution.

Falcon Bank Is Now Buying and Selling Euros (July 19, 2005)

Thursday, 02 December 2010

Falcon Bank Is Now Buying and Selling Euros (July 19, 2005)

Falcon International Bank is now buying and selling EUROS over the counter!

 

To keep up with demand for the Euro, we are pleased to announce that we can now buy or sell Euros over the counter, at the Downtown Branch teller line. The "Euro Exchange Program" is an excellent addition to our existing product line. If there are any questions regarding the Euro Exchange Program or any other foreign exchange service please do not hesitate to call the Foreign Exchange Department at
(956) 796-1785 begin_of_the_skype_highlighting (956) 796-1785 end_of_the_skype_highlighting.

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