Texas Regional Breaks Ground on Corporate HQ

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Texas Regional Breaks Ground on Corporate HQ

Texas Regional Bank President and CEO Paul Moxley gestures during his remarks at the groundbreaking ceremony for the bank’s new corporate headquarters.
Texas Regional Bank President and CEO Paul Moxley gestures during his remarks at the groundbreaking ceremony for the bank’s new corporate headquarters.

As Rio Grande Valley temperatures plunged with a blast of winter weather, members of the Harlingen business community huddled together under a tent for a groundbreaking ceremony to mark the start of construction of Texas Regional Bank’s corporate headquarters. Just a few days earlier the bank opened its newest Harlingen branch in a temporary building at Stuart Place Road and Expressway 83, right next door to where the new banking center will be built.

Texas Regional Bank’s history dates back to 2008 when business leaders Michael Scaief, Bobby Farris, Tudor Uhlhorn and Bill Elliff set out to create a regional banking franchise based in Harlingen. In Sept. 2009, Texas State Bankshares, Inc. was organized to serve as the bank’s holding company in anticipation of an acquisition.

In early 2010 board launched a capital campaign and in less than six weeks almost $24 million was raised from approximately 160 families in the Valley. Texas State Bankshares acquired Falfurrias State Bank in May 2010 and within 90 days the charter was relocated to Harlingen and the bank renamed to Texas Regional Bank.

Business leaders gathered under a tent for shelter from the cold and rain at the groundbreaking.
Business leaders gathered under a tent for shelter from the cold and rain at the groundbreaking.

Today Texas Regional Bank operates 13 banking centers in South Texas and the Hill Country with more than $80 million in equity and more than 500 shareholders across Texas. The bank employs some 225 employees throughout its reach.

At the Dec.6 groundbreaking, President and CEO Paul Moxley said the new banking center and corporate headquarters will stand as a modern symbol of Texas Regional Bank’s commitment to the communities it serves. He said the new building, to be constructed by SpawGlass, is expected to be completed within a year.

George Cox is a veteran journalist with more than 30 years experience as a newspaper writer and editor. A Corpus Christi native, he started his career as a reporter for The Brownsville Herald after graduating from Sam Houston State University with a degree in journalism. He later worked on newspapers in Laredo and Corpus Christi as well as northern California. George returned to the Valley in 1996 as editor of The Brownsville Herald and in 2001 moved to Harlingen as editor of the Valley Morning Star. He also held the position of editor and general manager for the Coastal Current, a weekly entertainment magazine with Valleywide distribution. George retired from full-time journalism in 2015 to work as a freelance writer and legal document editor. He continues to live in Harlingen where he and his wife Katherine co-founded Rio Grande Valley Therapy Pets, a nonprofit organization dedicated to raising public awareness of the benefits of therapy pets and assisting people and their pets to become registered therapy pet teams.

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