SENATE RESOLUTION NO. 694

WHEREAS, The Senate of the State of Texas is pleased to recognize Dennis E. Nixon on his 50 years of exemplary service and transformative leadership at IBC Bank in Laredo; and

WHEREAS, Dennis Nixon is widely recognized as one of the nation's leading authorities in banking; he serves as chief executive officer of IBC Bank in Laredo and as chairman of International Bancshares Corporation, the largest commercial bank holding company in Texas; since joining the financial institution in 1975, he has been an invaluable asset to the company, and his vision and leadership have been instrumental in achieving IBC's unprecedented growth and national recognition; and

WHEREAS, Mr. Nixon's prudent fiscal oversight has led IBC to become one of the largest independent banks in Texas and Oklahoma and among the top Hispanic-owned banks in the United States; his guidance and expertise were pivotal in the bank's network expansion, which allowed it to reach a broader customer base and to acquire assets of more than $16 billion; due to his diligent stewardship, the institution has grown to include 166 locations that serve 75 communities across Texas and Oklahoma; and

WHEREAS, An internationally recognized banking executive, Mr. Nixon has received numerous accolades for his work promoting strong relations between the United States and Mexico; he played key roles in the negotiation and implementation of both the North American Free Trade Agreement and the United States-Mexico Canada Agreement, which provided great economic benefit to Americans and to the people of Texas; and

WHEREAS, In addition to being one of the nation's longest-serving chief executive officers of a publicly traded company, Dennis is a member of the Texas Business Leadership Council, and in 2007, he was elected to serve on the board of the United States Chamber of Commerce; he is a tireless community servant, and he gives generously of his time and resources to support civic and charitable organizations that are committed to improving the health and quality of life of Laredoans and all Texans; and

WHEREAS, Throughout his tenure at IBC, Dennis has fostered a company culture that values community engagement, and he has remained dedicated to a community banking philosophy that has earned the institution the trust of its clients, including multiple generations of families who are served by IBC Bank; he is a distinguished businessman and a valued member of the Laredo community, and he is indeed worthy of recognition for five decades of outstanding leadership at IBC Bank in Laredo; now, therefore, be it

RESOLVED, That the Senate of the State of Texas, 89th Legislature, hereby congratulate Dennis Nixon on 50 years of service at IBC Bank and extend to him best wishes for the future; and, be it further

RESOLVED, That a copy of this Resolution be prepared for him as an expression of esteem from the Texas Senate.

Zaffirini

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President of the Senate

I hereby certify that the above Resolution was adopted by the Senate on June 1, 2025.

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Secretary of the Senate

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Member, Texas Senate