Texas Border Business
LAREDO, TEXAS – IBC Bank is proud to announce the promotion of Ernesto Valdez, commercial portfolio manager, to bank officer. As a bank officer in the commercial lending department, Valdez will be responsible for maintaining a client loan portfolio of over 300 accounts, as well as obtaining new loans. He will also be one of the people in charge of the bank’s Paycheck Protection Program (PPP).
“The bank has played a significant role in the PPP loan process for our customers and community during this difficult time,” said IBC Bank Chairman and CEO Dennis E. Nixon. “Ernesto has shown great leadership in his ability to quickly and accurately process these loans for our customers. His dedication to our ‘We Do More’ philosophy sets a wonderful example for his colleagues. I congratulate him on this well-deserved promotion.”
Valdez was promoted from commercial portfolio manager, where he provided support to the bank’s commercial loan officers. He was also the primary contact for the team’s small business loans. Before his career with IBC Bank, he served as an accountant for various real estate investment companies and currently supports the operation of a tax and accounting service company with his wife.
“I am grateful to IBC Bank and our leadership team for the opportunity to serve as a bank officer,” said Valdez. “I am proud of the determination and work ethic our team has demonstrated through this past year during the COVID-19 pandemic, and am honored to lead our continued efforts in 2021.”
Valdez received his bachelor’s degree in accounting and master’s degree in professional accountancy from Texas A&M International University. Before the pandemic, he was heavily involved in the Laredo Chamber of Commerce as an active member of the Small Business Committee. These days, he enjoys spending time with his wife and two daughters, Emma Sofia, 6, and Ana Lucia, 7.
