Publisher’s Word: A New Bank for the Rio Grande Valley!

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Texas Border Business

A good banker knows communities, understands clients’ needs and even though they work more by the book, still their commonsense ability is the best way to do business. 

This month, we have a special feature story about Art Ortega, the Chairman and Chief Executive Officer for Freedom Bank. The history of this bank is moving because, during its inception, it went through different phases of growth, but never abandoned the mission to serve the residents of Duval County. Its history is inspiring because the new Chairman and CEO is planning to devote his time, energy, and banking knowledge in favor of the Rio Grande Valley residents. In this issue, get to know Art and more about the services this bank is working at providing.

On another matter, Perla Tamez, a successful Houston-based entrepreneur, Love Soldiers founder, and Hispanic Star hub director, returns to her South Texas hometown of Mission during the COVID-19 quarantine to launch a donation drive to help others.

All communities in Texas, big and small, are being severely impacted by the loss of travel spending due to the coronavirus. According to recent estimates from the U.S. Travel Association, annual travel industry losses for the U.S. could approach -45% and far exceed that of any other sector. More inside.

Pharr — Terracon, a leading provider of environmental, facilities, geotechnical, and materials services, has named Sylvia Quiñones as Manager of Administrative Services for its Pharr, Rio Grande Valley office.

Weslaco — Graciela Orellana, associate attorney at the Ezequiel Reyna Law Office in Weslaco, Texas was recognized among the “Top 40 Under 40” Civil Plaintiff Trial Lawyers in Texas by the National Trial Lawyers Association. This is an honor given only to the top 40 attorneys in each state who have demonstrated superior skills, excellent qualifications, and achieved outstanding results in their careers.

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Good for Harlingen: The City of Harlingen and the Harlingen Economic Development Corporation understand that the COVID-19 pandemic has drastically changed our community. We recognize that our small business owners have been impacted greatly and during these challenging times we have established Harlingen’s Emergency Loan Program (HELP) for Small Business.

The Harlingen EDC Board of Directors set aside $1,000,000 to establish the fund. The HEDC will provide the emergency loans at zero (0%) interest to qualified businesses. Repayment of the loans will start a year after the funds are disbursed.

The McAllen Heritage Center is holding its annual Chuckwagon Dinner 2020 fundraiser.  Tickets are on sale now for $50.00 and may be redeemed from June 1, 2020 to October 30, 2020. Remember all funds raised will go to benefit the Museum of History and Culture.

Beautiful story. Chad Nunnery is a visionary businessman who saw an opportunity and decided to go after it. The product he came up with is not something that you can find on every corner. It is a unique product exclusively for municipalities all over the United States.

He is the majority owner of CAP, Composite Access Products, and also the president and cofounder. CAP is a new fast-growing McAllen-based company that manufactures manhole covers from composite fiberglass, rather than traditionaliron for utilities like sewer, drainage, electric, telecom, and even grease traps.

Enjoy!


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