In 2002, the bank opened two new banking centers. The first was in San Juan
and the second in Palmview. Because of the change in strategy that began in
1999, coupled with the additional offices, the bank has seen significant
growth in its total assets. In 2005, the bank opened a new banking center
in Brownsville and in 2009 opened a new banking center in Weslaco.
In 2018, Rio Bank acquired Elsa State Bank & Trust, which allowed Rio Bank
to further develop its footprint in the Rio Grande Valley with a total of 14
bank locations from Starr, Hidalgo and Cameron counties, extending from Roma
to Brownsville. The McAllen, Mission, Edinburg Metropolitan Statistical Area
(MSA) is one of the fastest growing MSA in the United States, and the Brownsville
economy is also fast growing.
Rio Bank thanks you for the opportunity to tell our story. We are excited about
what is going on at our bank and welcome the opportunity for you to become part
of our growing family.