RIO BANK HISTORY
- Bank Name:Rio Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #25886
- Locations:15 Branches in Texas
Rio Bank was founded on February 11, 1985 and has been serving the financial needs of their customers for over 39 years.
Rio Bank currently operates with 15 branches located in Texas as a subsidiary of Rio Financial Services, Inc.. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Rio Bank, including mergers and acquisitions.
DATEEVENT
02-11-1985Institution established. Original name: Rio National Bank.
06-03-2002Institution withdraws from membership in the Federal Reserve System.
06-03-2002Changed Chartering Agency to State.
06-03-2002Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
06-03-2002Changed Primary Federal Regulatory Agency to Fdic.
06-03-2002Changed Institution Name to Rio Bank.
04-28-2016Changed Trust Powers to Full.
08-31-2018Acquired Elsa State Bank and Trust Company (16239) in Elsa, TX.
11-04-2020Main Office moved to 701 E Expressway 83, Mcallen, TX 78501.
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