Company Research Report: Texas Regional Bank
Company Overview
Name: Texas Regional Bank (TRB)
Mission: Be ‘The people you know’ in the communities we serve.
Vision: Banking Texas, one relationship at a time.
Founding:
- Year Founded: 2010
- Founders: Michael Scaief, Bobby Farris, Tudor Uhlhorn, and Bill Elliff
Key People:
- Michael Scaief, Chairman and CEO
- Tracy Harris, Chief Strategic Planning and Project Officer
- Eugene Tremblay, Park Cities Market President
Headquarters: Harlingen, Texas
Number of Employees: No information is available.
Revenue: As of December 31, 2022, the bank held assets of approximately $2.63 billion.
Reputation: Texas Regional Bank is known for being a privately-owned, relationship-driven bank that focuses on providing exceptional customer service and engaging deeply with the communities it serves.
Products and Services
Personal Banking
- Bank Accounts: Checking and savings accounts
- Loans: Home and personal loans
- Online & Mobile Tools: Includes Zelle® for payments
Business Banking
- Bank Accounts
- Loans & Credit: Business loans and credit solutions
- Business Credit Card
- Treasury Management
- Merchant Services
Mortgage Services
- Purchase
- Refinance
- New Construction
Trust & Wealth Management
- Helps families and organizations achieve financial goals with personalized strategies.
Insurance
- Personal Insurance
- Business Insurance
Capital Markets and Other Services
- International Private Banking
- Foreign Exchange Services
- Public Sector Solutions
Recent Developments
Recent Expansions and Acquisitions
- Kerrville Branch Opening: In October 2024, Texas Regional Bank hosted a grand opening of its new Kerrville location, marking the 11th branch in Central Texas.
- Estrada Hinojosa Acquisition: In August 2024, TRB completed the acquisition of the Dallas-based Estrada Hinojosa & Company, Inc., expanding its footprint in investment banking.
- DFW Market Expansion: Acquired AccessBank Texas in July 2022, expanding into the DFW market with new branches.
Awards
- Best of Community Banking Award: In October 2024, honored by the Independent Bankers Association of Texas for community service.
Community and Partnership Initiatives
- Bobcat Bonanza Sponsorship: Sponsored Texas State University's Bobcat Club, raising funds for student-athlete scholarships in April 2023.
- Make-A-Wish Partnership: Donated $10,000 to fulfill children's wishes in April 2024.
- Signature Shrimp Boil Program: A decade-old initiative for community service, raising over $85,000 for local nonprofits in 2023.
Board and Leadership Updates
- Tracy Harris' Appointment: In October 2024, Tracy Harris was appointed as the Chair of the IBAT Board of Directors.
- Eugene Tremblay's Role: Appointed as Park Cities Market President in September 2024, overseeing new developments in Texas Regional Bank’s strategy.
New Location Openings
- San Antonio Branch: Opened in July 2023, becoming the 29th location in Texas and contributing to its presence in the Hill Country region with comprehensive banking services.
Summary
Texas Regional Bank continues to establish a strong presence in Texas through strategic expansions, targeted acquisitions, and community-centric initiatives. The bank emphasizes its core mission—community engagement, technological advancement, and providing personalized banking experiences. As evident from recent awards and strategic appointments, TRB remains committed to its vision of building relationships and supporting community development across the state.
