July Banker of the Month

Laredo's Banker of the Month
July

Valeria Benavides was recognized as the banker of the Month for July. She has been a part of the Falcon Family for over two years. She assists in two different areas of the bank and often has customers asking for her by name. Congratulations Valeria and keep up the good work!

PlainsCapital Bank Branches Acquisition

Falcon Bank to acquire two PlainsCapital Bank Branches

Falcon International Bank announced recently that it has entered into a definitive agreement with PlainsCapital Bank for the purchase of two full service bank branches located at 6625 San Dario Ave. and 6002 McPherson Rd. in Laredo, Texas.  The transaction will have the effect of adding over $10 million in loans, and $69 million in deposits.

Falcon Bank President & CEO, Gilbert Narvaez Jr., stated, “This transaction will provide the opportunity to further expand our market share in Laredo. It has always been important to Falcon to pursue opportunities in the markets we know best and this exemplifies such opportunity. We have cultivated many banking relationships in this community, and look forward to welcoming PlainsCapital Bank’s customers and employees to the Falcon Family. We are a community oriented bank committed to providing our customers with the quality service that they deserve.”

Falcon Bank was founded in Laredo, Texas in 1986 and is the 57^th largest bank in Texas.   2016 has proven to be an exciting year for Falcon, not only are they celebrating their 30^th anniversary, in February they surpassed the billion dollar asset mark. To add to this momentum Falcon was recently recognized by ICBA Independent Banker with a number 46 ranking in their listing of the Top 50 Fastest Growing Community Banks in the nation.  Following the completion of this transaction, Falcon will have total assets exceeding $1.1 billion, and 17 branch locations up and down the IH-35 corridor from Laredo to Buda, and along the United States and Mexico border from Brownsville to Del Rio, and banking representative offices in Monterrey & Guadalajara, Mexico.  This acquisition is subject to regulatory approval and is expected to close in the fourth quarter of 2016.  

ICBA Recognition

LHFC New Board Member

Spirit Award

Apolonio Borrego