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Texas Regional Bank Acquires Smith-Reagan Insurance

Texas Regional Bank Acquires Smith-Reagan Insurance

10/06/23, 3:14 PM
Industry
banking
lending
finance
financial services
insurance
employee benefits
Texas Regional Bank (TRB) announces its recent acquisition of Smith-Reagan Insurance (Smith-Reagan), a leading provider of commercial insurance services in Cameron County, Texas. The acquisition is part of TRB's continued expansion of its insurance subsidiary. TRB Insurance Agency was established in 2022 and began issuing policies by acquiring Mission-Duncan Insurance.

Company Info

Company
Texas Regional Bank
Company info
As of June 30, 2023, Texas Regional Bank had assets of approximately $2.6 billion with 30 banking centers across the Rio Grande Valley, Texas Hill Country, Houston, and DFW Metroplex. TRB is a full-service financial institution offering core banking, trust, wealth management, mortgage, international banking, insurance, foreign exchange, and economic development services.