Allegiance Bank Champions Continued Post-Harvey Recovery Efforts
As Houston’s Bank, we remain committed to serving our communities through continued post-Harvey relief. We recently participated in a disaster recovery community listening session with Federal Reserve Chairman Jerome Powell and Federal Reserve Bank of Dallas President Robert Kaplan. The event was attended by the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), non-profit organizations, community bankers and local government.
As the only bank to serve on the session panel, Marcus A. Vasquez, vice president and fair banking officer for Allegiance Bank delivered a presentation on disaster recovery efforts from the community banking perspective, including the specific recovery efforts that Allegiance Bank has championed.
Further, amidst Community Reinvestment Act (CRA) reform, Marcus advocated for the continued focus on CRA for banking, as it provides much-needed support to Labor Market Information (LMI) communities, borrowers and small businesses throughout the United States. Marcus also provided an update of Allegiance Bank’s CRA efforts, and the impact they’ve had on the Houston community over the past several years. It was a privilege to be part of the event.
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