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Historic Laredo

An illustrated history of the city of Laredo and the Webb County area, paired with the histories of companies, families and organizations that make the region great.

An illustrated history of the city of Laredo and the Webb County area, paired with the histories of companies, families and organizations that make the region great.

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market by serving this growing segment of<br />

the population throughout Texas. While maintaining<br />

focus on the commercial and private<br />

banking business that has historically been the<br />

specialty of LNB, future expansion will be<br />

driven by an effort to provide financial services<br />

to the traditionally underserved Mexican-<br />

American population. This strategy will be<br />

focused on meeting all of the financial service<br />

needs, including loans, of the Mexican-<br />

American individual consumer and small business<br />

community.<br />

LNB is a corporation organized under<br />

the laws of Texas in 1980, with its principal<br />

place of business in <strong>Laredo</strong>. Carlos Hank Rhon<br />

became a shareholder in 1990, assuming chairmanship<br />

of the holding company in 1991.<br />

LNB is the fourth largest independent bank<br />

in the state of Texas. It has 20 banking<br />

offices—five in <strong>Laredo</strong>, seven in San Antonio,<br />

five in Houston, two in Corpus Christi, and<br />

one in McAllen.<br />

South Texas National Bank was acquired<br />

in 1992. <strong>Historic</strong>ally, STNB has provided<br />

banking services primarily to small and medium-sized<br />

businesses and to low-to-medium<br />

income households. It has branches in <strong>Laredo</strong><br />

and Eagle Pass.<br />

<strong>Laredo</strong> National Bank is headquartered at<br />

700 San Bernardo Avenue, <strong>Laredo</strong>, Texas,<br />

78040; 956-723-1151.<br />

80 ✦ HISTORIC LAREDO

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