Investment Professionals, Inc. Expands Broker-Dealer Platform to Laredo Based Texas Community Bank
TCB: IPI is a strong partner with dedicated focus on community banks, attention to technology, compliance
TCB: IPI is a strong partner with dedicated focus on community banks, attention to technology, compliance
SAN ANTONIO, Nov. 24, 2015 /PRNewswire/ -- Investment Professionals, Inc. (IPI), a national leading provider of investment services and programs to individuals and community banks, announced today that it has partnered with Texas Community Bank (TCB), a wholly owned subsidiary of Vision Bancshares, Inc., to provide investment services to their customers through a nondeposit investment program conversion.
A locally owned and operated state chartered community financial institution established in 2003, TCB exceeded $1.2 billion in assets as of 2013, having witnessed significant growth from its inception.
Deeply rooted along the South Texas-Mexico border and its headquarters in Laredo, Texas, the bank and their onsite investment program, TCB Investments, looked to IPI to grow its existing program into a thriving source of nondeposit income for the bank and a solid, valuable service line for their customers.
"We pride ourselves in being the leader of fostering successful onsite investment programs within community banks across the U.S. whether an institution is converting their already existing program or creating one," said Chris VanStavern, regional director at Investment Professionals, Inc. "Since partnering with IPI, TCB has successfully converted a more than $220 million book of business, and their program is taking their nondeposit income to new heights."
IPI's dedication to and expertise with the community banking channel proves to be a valuable resource to its partners.
"IPI appealed to TCB because of the firm's focus on community banks," said Oscar Cisneros, program manager of TCB Investments. "IPI is a strong partner that has allowed our investment program to grow to the next level while providing value-added products and services to our customers. Additionally, their expertise and emphasis on technology and compliance, made IPI a natural fit for us."
Managed by IPI, TCB Investments provides comprehensive, unbiased financial planning services and wealth management to diverse clientele throughout South Texas. Customers of the south Texas community have the opportunity to work with their team of financial professionals to explore and secure their financial future for them and their legacy.
The TCB advisor team is comprised of two investment executives and support staff members who are likewise headquartered in Laredo, Texas. The team serves the bank's entire customer base which includes branches in Laredo, San Antonio, Del Rio, McAllen, Brownsville, and Somerset.
Learn how IPI can help your community bank or credit union secure its place among steep competition by making your nondeposit income a significant component of your bottom line. Contact one of our experts to discuss your onsite investment program: (800) 679-1237 or [email protected].
About Investment Professionals, Inc.
Investment Professionals, Inc. (IPI) is a leading San Antonio, Texas, based independent investment, insurance brokerage and asset management firm. Since 1992, IPI has specialized in the increase of ROA/ROE and on-site delivery of investment programs for community financial institutions across the U.S. For more information about IPI and its financial professionals, visit www.invpro.com.
NO BANK GUARANTEE | NOT A DEPOSIT | NOT FDIC INSURED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY LOSE VALUE All Securities and Advisory Services offered through Investment Professionals, Inc., a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC.
MEDIA CONTACT:
Jennifer Carson
Corporate Communications Coordinator
[email protected]
(210) 582-2803
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SOURCE Investment Professionals, Inc.
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