IBC Bank - Brownsville honors 10 high school seniors with the A.R. Sanchez, Sr. and Fred W. Rusteberg Scholarships

(July 24, 2020) BROWNSVILLE, Texas -IBC Bank-Brownsville is promoting higher education by awarding a combined $10,000 in scholarships to 10 high school graduates as they embark upon college and a new chapter in their lives.

"The A.R. Sanchez, Sr. and Fred W. Rusteberg Scholarships exemplify IBC Bank's ‘We Do More' philosophy and reinforces the bank's ongoing support and promotion of higher education in our community" said IBC Bank - Brownsville CEO and Board Chair Al Villarreal. "These deserving high school seniors are the future business leaders of our community and we are honored to assist them as they pursue their goals in higher education."

IBC Bank - Brownsville began this market-wide community program in 1985 to provide the opportunity for higher education to youth from low to moderate-income households and has awarded over $280,000 in scholarship funds. Born into a humble family, Antonio R. Sanchez, Sr., the namesake of the scholarship award and the founder of IBC Bank, was committed to making higher education available to those interested in improving their lives. Sanchez's unwavering belief in the power of learning lives on in the A.R. Sanchez Scholarship, which is bestowed annually upon deserving high school seniors throughout Texas and Oklahoma. In addition, IBC Bank - Brownsville awarded scholarships in honor of banking veteran and Chairman Emeritus of IBC Bank - Brownsville, Fred W. Rusteberg. Rusteberg has been a key contributor in the development of science, engineering, business and education programs for all citizens in South Texas. He was a charter member and past Chairman of the Development Board for the University of Texas - Brownsville, a member of the Chancellor's Advisory Council at the University of Texas - Austin, and a member of the President's Advisory Council for the University of Texas - Rio Grande Valley.

This year, IBC Bank-Brownsville presented 10 A.R. Sanchez, Sr. and Fred W. Rusteberg Scholarships, each valued at $1,000 across 10 area high schools. Scholarship award recipients included:

Eloisa Lee Garcia                              Brownsville Early College High School

Angela Valeria Estrada                      Lopez Early College High School

Mariana Mijangos                              Pace Early College High School

Yamile B. Perez                                 Rivera Early College High School

Alec Jacob Solis                                Veterans Memorial Early College High School

Kaelyn Espinosa                                Port Isabel High School

Susana Ibarra                                    Saint Joseph Academy

Alyn Anzaldua                                    Los Fresnos High School

Ramon Arenas Gonzalez III               Harlingen High School

Mikela Mireles                                    Harlingen South High School

In 2020, IBC Bank presented over $120,000 in scholarships to high school seniors throughout their corporate footprint in Texas and Oklahoma.

About IBC Bank - Brownsville

IBC Bank-Brownsville 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-Brownsville was recognized as The Brownsville Herald "Reader's Choice" for favorite bank in 2020. IBC Bank-Brownsville has been serving the area since 1984 and has a retail branch network of 12 locations. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. Follow our Facebook and Instagram page, @IBCBankWeDoMore. More information is available at ibc.com.

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