Texas Community Bank (TCB) has generously made a $1M donation to Laredo College to benefit economically disadvantaged students who require financial support to pursue higher education. The funds will provide financial assistance through scholarships supporting tuition, fees and other costs of attendance. Half of the gift will be used to establish a new endowment fund, ensuring long-term impact and sustainability.
“Texas Community Bank was founded on the belief that strong communities are built by investing in people,” President and CEO of Texas Community Bank Douglas Macdonald said. “Education is one of the most powerful tools for creating opportunity, and we are honored to support Laredo College and its students as they work toward a brighter future for themselves and for our region.”
Scholarship funds will be awarded to eligible students enrolled in academic and workforce education programs, including career and technical instruction, helping ensure students have access to programs aligned with today’s workforce needs.
Laredo College President Dr. Minita Ramírez emphasized the lasting impact of the gift on student success. “This transformative gift from Texas Community Bank represents more than financial support; it represents hope, opportunity and belief in our students,” she said, adding, “The establishment of this endowment will allow Laredo College to expand access to education and empower generations of students to achieve their academic and career goals.”
Texas Community Bank is a locally owned and operated, community-oriented financial institution with deep roots along the South Texas-Mexico border. The gift underscores Texas Community Bank’s ongoing commitment to community investment and Laredo College’s mission of transforming lives through accessible, high-quality education.
Lucy Hastings, president of the Laredo College Education Foundation, highlighted the importance of partnerships like this in advancing the college’s mission. “On behalf of the LC Education Foundation, we extend our deepest gratitude to Texas Community Bank for their extraordinary $1 million commitment,” she said. “Their belief in our mission strengthens our community and empowers every student we serve. Their generosity will open doors, expand opportunities and transform the future of our students.”
For media interviews or any other requests, please contact Community and Media Relations Director Joana Santillana at joana.santillana@laredo.edu • (956) 721-5140
