Texas Border Business
McALLEN, Texas – The Independent Bankers Association of Texas (IBAT), recognized as the leading voice for community banks in Texas, has recently chosen S. David Deanda Jr., President of Lone Star National Bank, for its board. This noteworthy election took place during IBAT’s 49th annual convention in Frisco, Texas.
In his new position, Deanda is eager to spotlight the collective strengths of the Rio Grande Valley and San Antonio. He advocates that unity promotes economic prosperity, asserting, “Together, we stand firm and continue to prosper.”
Reflecting on his leadership journey, Deanda mentioned, “Leading Lone Star National Bank has deepened my understanding of community banking and has allowed me to forge invaluable connections with community leaders, entrepreneurs, and fellow bankers across Texas.”
Over a commendable 40-year banking career, Deanda has significantly influenced the community banking sector. He has played a crucial role in shaping Lone Star National Bank into one of the most robust financial institutions in South Texas. Beyond his professional commitments, Deanda’s dedication to the community shines through his active involvement in numerous boards and organizations, further amplifying his impact.
In addition to serving on the Board of Directors of Lone Star National Bank, President Deanda is a member of the Board of Managers of Doctors Hospital at Renaissance Health and the Edinburg Chamber of Commerce. He actively serves the community as a member of many organizations to include the Board of Directors of the Valley Alliance of Mentors for Opportunity and Scholarships, more commonly known as VAMOS, Board of Trustees for Texas A & M University Kingsville Foundation, Board of the Bauer College of Business for the University of Houston, Advisory Councilman for the Minority Depository Institutions and the Dallas Fed Community Depository Institutions, and Treasurer of the Texas Economic Development Board.
Established in 1974, IBAT champions the cause of Texas’s community banks. Headquartered in Austin, it stands as the most substantial state community banking association in the country, boasting a membership of over 2,000 banks and branches across 700 Texan communities. With a diverse asset range, IBAT banks, rooted in community spirit, are dedicated to fostering growth and investment within their locales.