About Us

At Rio Bank it is really about our vision, our people, and our history. These are the elements that truly make up
the fabric of Rio Bank. Please take a moment to get to know us better, and we trust you will see why
we believe Rio Bank is "Your Kind of Bank. Your Kind of Banker."

Our Story

Our Story

Rio Bank opened its doors for business in February of 1985. It began as a retail-oriented bank primarily catering to consumers for both deposit and loan business. In 1995, the bank opened its second banking center in North McAllen. The original ownership and management have changed since that time, as well as the focus and direction of the bank. In late April of 1999, the bank had a change in management.

Ford Sasser, President and CEO, made significant changes in lending personnel and outlined a new vision and direction for the bank. Rio Bank has become a more commercial oriented bank. New products and services continue to be introduced.

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.

Our Mission

We help our community grow.

Our Culture

Our company was founded with a commitment to honesty, integrity, and quality service. We take pride in our strong reputation as we remain committed to investing in our community. We understand our customers' needs and seek to deliver a truly exceptional experience.


Rio Bank recognizes a successful organization includes diversity policies and practices in its business activities and such we strive to include diversity in our employment and vendor procurement practices. Rio Bank is committed to practicing in conferences, workshops and other events to attract minorities and women. Vendors used by the company are primarily local in our communities and we strive to consider female owned and minority owned businesses whenever possible.

The company is committed to supporting our communities through volunteering with civic organizations. In addition, we have had a practice for many years of matching the employee donations to organizations that provide services to others.

Giving Back

Our New Lending Team

Our new lending team is committed to providing opportunities for our customers throughout their financial lives.

Albert Guajardo

Albert Guajardo SVP
Edinburg Banking Center

Gerardo Salazar

Gerardo Salazar VP
Edinburg Banking Center

Eugenio Reyes

Eugenio Reyes AVP
McAllen Banking Center

Benito Garcia

Benito Garcia SVP
Elsa Banking Center

Maria Rosario Montemayor

Maria Rosario Montemayor AVP
Elsa Banking Center

Mary Jane Marroquin

Mary Jane Marroquin AVP
Elsa Banking Center

Arnoldo Ochoa

Arnoldo Ochoa SVP
Rio Grande City Banking Center

Rene Reyna

Rene Reyna AVP
Rio Grande City Banking Center

Omar Garcia

Omar Garcia VP
Edinburg Banking Center

Ramon Gonzales

Ramon Gonzales SVP
Weslaco East Banking Center

Mirtha Garcia

Mirtha Garcia VP
Weslaco East Banking Center

Juan Enrique Guajardo

Juan Enrique Guajardo AVP
Weslaco East Banking Center

Latest News & Announcements

Find out what's happening in the community.

Rio Bank President & CEO Shares Experience as High School Football Official

Latest News | 09.18.2018

For the past 30 years being a football official has been Ford Sasser's second life.

Read more

New Name, Same Us TV Spot

Latest News | 09.06.2018

We are pleased to announce that Elsa State Bank & Trust has been acquired by Rio Bank. Elsa State Bank will begin operating as Rio Bank on September 1, 2018.

Read more

How to Protect Your Online Banking Account from Cyber Criminals

Latest News | 11.02.2016

The number of people using internet banking services has increased significantly and now they are the favorite target of cyber criminals.

Read more

Educate Your Employees about Cyber Security

Latest News | 11.01.2016

Whether you are an employee or an employer, cyber security isn't something you can ignore.

Read more