Rio Bank Topping Event

2 years 6 months 3 days ago Friday, January 18 2019 Jan 18, 2019 January 18, 2019 4:07 PM January 18, 2019 in Community

MCALLEN – On January 17, 2019, Rio Bank, headquartered in McAllen, Texas, will host a “Topping Out” lunch to celebrate the final steel beam being installed on our landmark location that is set to be an amazing addition to the McAllen skyline. The six-story high-rise will include 125,469 square feet of office space constructed by G.W. Mitchell Construction. The last steal beam on top marks the completion of the preliminary phases of construction. The celebration also recognizes that the building project is on time. The exterior shell of the bank is slated to be completed by the end of 2019. Once that is complete, tenants may begin building out the interior of the building to their own specifications.

With the great amount of work that has been put into this project, we are excited to celebrate all the hard work put in by every builder and contractor involved in getting the project to this point. It is a huge milestone for Rio Bank and their team. 

Ford Sasser, President and Chief Executive Officer of Rio Bank said, “We are very proud of how far this project has come in such a short amount of time and we are looking forward to moving in to our new headquarters.”

Brian Humphreys, Executive Vice President & Chief Lending Officer, says “We’re excited to host this event that marks a big milestone that we have achieved. So much hard work and planning has gone into this building and we couldn’t be prouder to be a part of the Rio Bank history.”

The growth of Rio Bank has been monumental and this is just another large step forward for the company. A year has passed since Rio Bank broke ground for their new corporate headquarters and the project for their new headquarters building is on schedule to be complete by the end of 2019 for tenant finishing out.

Rio Bank was founded in 1985 in McAllen by local investors and continues to be a locally owned and managed bank providing banking services to the Rio Grande Valley. Rio Bank provides various deposit accounts, lending services, a Trust Department, and will soon be offering significant upgrades to other products and services as part of a separate technology initiative. As a result of this acquisition, Rio Bank now employs close to 200 employees in the Rio Grande Valley.

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