Texas Regional Bancshares, Inc. , the bank holding company for Texas State Bank, has completed its previously announced merger with Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). As a result of this merger, Texas Regional is now a wholly-owned subsidiary of BBVA and is part of BBVA’s US Retail and Commercial Banking unit.
“We are very excited about becoming a part of the BBVA Group,” says Glen E. Roney, the Chairman of the Board and Chief Executive Officer of Texas Regional. “We look forward to providing our customers with the best personal service and attention that they have come to know at Texas State Bank while at the same time providing them access to even more financial products and services through our affiliation with BBVA.”