Advocacy Organization which Exclusively Represents the Voice of Community Banks Names Lone Star National Bank President to Board of Directors

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McAllen, TX– Last month, the Independent Bankers Association of Texas (IBAT) announced that Lone Star National Bank President S. David Deanda Jr. was elected to the board during the associations 49th annual convention in Frisco, Texas.

Within this role, Deanda intends to highlight the Rio Grande Valley and San Antonio from a regional perspective, he says, together, we are stronger and will continue to thrive economically. “My time leading this organization has helped me realize what it means to be a community banker and has provided me with the opportunity to form lasting relationships with valuable community members, businessmen and women and bankers throughout the state.”

With a banking career that has spanned 40 years, Deanda has given to the community banking industry in a dynamic way, overseeing operations and administrative functions of one of the strongest and financially stable institutions in South Texas. In addition to serving on the Board of Directors of Lone Star National Bank, President Deanda is a member of the Board of Managers of Doctors Hospital at Renaissance Health and the Edinburg Chamber of Commerce. He actively serves the community as a member of many organizations to include the Board of Directors of the Valley Alliance of Mentors for Opportunity and Scholarships, more commonly known as VAMOS, Board of Trustees for Texas A & M University Kingsville Foundation, Board of the Bauer College of Business for the University of Houston, Advisory Councilman for the Minority Depository Institutions and the Dallas Fed Community Depository Institutions, and Treasurer of the Texas Economic Development Board.

Formed in 1974, the IBAT represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with membership comprised of more than 4,600 banks and branches in 700 Texas communities. Additional information about the new board of directors can be found at www.ibat.org.

Established in 1983, Lone Star National Bank has provided banking services to communities in South Texas for the past 40 years. January 23, 2024, will mark the 41st anniversary for LSNB, an independent and locally owned bank with over $2.8 billion in assets and 36 full-service banking centers throughout Starr, Hidalgo, Cameron, and Bexar Counties. Aside from personal and business banking, LSNB offers investments, wealth, and trust along with property and casualty insurance, health insurance and supplemental coverage. We do what the Little Banks can’t, and the Big Banks won’t!