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Award Lands IBC Invitation to the Governor's Mansion.


Business Editors

LAREDO, Texas--(BUSINESS WIRE)--April 16, 2001

The Texas Commission on Volunteerism and Community Service (TxCVCS) has selected International Bancshares Corporation ("IBC") (Nasdaq:IBOC See HD Radio. ) as the winner of the 2001 Governor's Volunteer Award in the corporate-business category.

Governor Rick Perry will recognize IBC during a ceremony at the Governor's Mansion on April 24, as part of National Volunteer Week. In addition, $1,000 will be donated to the National Hispanic Institute This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
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 on behalf of IBC.

"This award belongs to all our employees and bank officers who donate incredible amounts of time week after week to help schools, organizations and individuals," said Dennis E. Nixon, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of IBC. "It shows that our motto, 'We Do More,' is not just a slogan but a true commitment."

IBC is being honored for the collective efforts of its employees in all 30 Texas cities it serves, including Laredo, Houston, San Antonio, Corpus Christi, McAllen, Brownsville, Port Lavaca and Zapata. In 2000, IBC employees donated approximately 20,000 hours of time to a variety of non-profit and community service organizations in those cities. The monetary value of this time is more than $296,000, based on calculations using a wage standard provided by the national Points of Light Foundation. Employees and bank officers took part in more than 300 events and projects.

In all, there were 250 nominees in the ten categories of the Governor's Volunteer Awards. In the corporate-business category, IBC's efforts were judged against those of approximately 40 other Texas companies. The TxCVCS evaluated the nominations based on accomplishments, impact, motivation and the challenges in rendering community service. IBC's outreach included everything from clothing drives and mentoring and tutoring school children to participating in trash clean-ups and providing bank facilities for gatherings of educational and community organizations.

These are just some of the beneficiaries of IBC's community involvement: the March of Dimes
For the Canadian charitable organization, see Ontario March of Dimes and March of Dimes Canada.
March of Dimes is the name of a United States health charity, whose mission is to improve the health of babies.
, Optimist Club, local school districts, Special Olympics, Make-a-Wish Foundation, American Cancer Society American Cancer Society,
n.pr established in 1913, this national volunteer-based health organization is committed to the elimination of cancer through prevention and treatment and to diminishing cancer suffering through advocacy, scholarship, research,
, Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife. , Red Cross, American Heart Association American Heart Association (AHA),
n.pr a national voluntary health agency that has the goal of increasing public and medical awareness of cardiovascular diseases and stroke, and thereby reducing the number of associated deaths and disabilities.
, Junior Achievement, Rotary International, Arthritis Foundation, Muscular Dystrophy Association The Muscular Dystrophy Association (MDA) is an organization founded in 1950 which combats muscular dystrophy and diseases of the nervous system and muscular system in general by funding research, providing medical and community services, and educating health professionals , United Way, Crime Stoppers, HOSTS organization, Project Head Start, and the VAMOS VAMOS Velocity and Magnetic Observations of the Sun (Naples, Italy)
VAMOS Verified Additional Military Occupational Specialty
 scholarship organization.

The ceremony on April 24 will mark the 18th Annual Governor's Volunteer Awards. The Texas Commission on Volunteerism and Community Service is a Governor-appointed body charged with fostering volunteer participation and community service as a means of state problem solving.

International Bancshares Corporation (Nasdaq:IBOC) is a multi-bank, financial holding company with $5.8 billion in assets, which is headquartered in Laredo, Texas. It has more than 100 facilities and 204 ATMs serving 30 communities, including Houston, San Antonio, Corpus Christi, McAllen, Brownsville, Port Lavaca, Zapata and several others throughout the Rio Grande Valley and the Texas Gulf Coast.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 16, 2001
Words:455
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