Thursday, October 08, 2015

Commerce Bank Names Deutsch to Board of Directors

Commerce Bank, a member of International Bancshares Corporation, has named Tad Deutsch to its board of directors.

Deutsch, owner of Deutsch & Deutsch Jewelry, is the second generation of his family to trust its business to Commerce Bank.

'My parents started doing business with International Bank of Commerce and Commerce Bank probably 30 years ago,' Deutsch said. 'When they started the business in Laredo, they wanted a bank that knew how to operate internationally. International Bank of Commerce and Commerce Bank had the experience and expertise they needed to be successful in the border region. That's as important to me today as it was back then.'

From those early days, Deutsch & Deutsch has expanded to include retail locations in McAllen, El Paso and Houston.

'The Deutsch family is a great example of a family business that has grown and thrived,' said Commerce Bank President and CEO Ignacio Urrabazo in announcing the appointment. 'They have deep roots in the region and understand its dynamics. We welcome Tad's expertise and experience.'

Deutsch is active in the Laredo community serving as president of the United Day School board and as a member of the board of Junior Diabetes Research Foundation of Laredo. He is a member of the Laredo Medical Center Advisory Board and the Webb County Planning and Zoning Advisory Committee. He and his wife, Irma, contribute to and volunteer regularly at the Bethany House.

The Laredo native, who earned his Bachelor of Arts degree in Psychology from the University of Texas at Austin, has been married to his wife for 14 years. They have two children.

Commerce Bank is a member of International Bancshares Corporation (NASDAQ: IBOC), a $12.1 billion multi-bank financial holding company headquartered in Laredo, Texas, with 210 facilities and 320 ATMs serving 88 communities in Texas and Oklahoma. Commerce Bank has been serving the Laredo community since 1982 and has a retail branch network of four locations. Commerce Bank was named Business of the Month by the Laredo Chamber of Commerce in June 2012 in recognition of its strong advocacy and support of entrepreneurial business growth. More information is available at www.ibc.com. Visit us on our YouTube channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. More information is available at www.ibc.com.

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