IBC Bank-Laredo and Commerce Bank continue their support of higher education by awarding area students with the A.R. Sanchez Sr. Memorial Scholarship as they venture into college and start a new chapter of their lives.
Scholarships are granted to students who demonstrated a "Do More" attitude and leadership in student and community affairs throughout their years in high school.
Born into a humble family, Antonio R. Sanchez Sr., the namesake of the scholarship award and the founder of IBC Bank, was a strong supporter of making higher education available to those interested in bettering lives. Sanchez's commitment to the power of learning lives on in the A.R. Sanchez Scholarship Award, which is bestowed annually upon deserving high school seniors in South Texas and Oklahoma.
"Awarding the A.R. Sanchez Sr. Memorial Scholarship is an important part of IBC's 'We Do More' philosophy," IBC Bank-Laredo Chairman and CEO Dennis E. Nixon said. "The students receiving the scholarship are the future leaders and we are extremely honored to assist in the pursuit of their higher education goals."
President and CEO of Commerce Bank, Ignacio Urrabazo said, "Being able to carry on the legacy of A. R. Sanchez is an honor for Commerce Bank and contributing to the future success of these young people is beneficial to the community as a whole."
This year, IBC Bank-Laredo and Commerce Bank presented a total of 34 A.R. Sanchez Sr. Memorial Scholarship Awards, each valued at $1,000 to students throughout the area.
IBC Bank recipients:
Commerce Bank recipients:
Source: Local banks announce scholarship recipients
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