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Texas Regional Bank Expands Into Insurance With Acquisition of Mission Duncan

December 5, 2022

Texas Regional Bank (TRB) announced the addition of insurance to its suite of financial services. TRB Insurance will offer a wide range of products and services, including home, auto, and life insurance, as well as commercial insurance.

“At TRB, we place a heavy emphasis on relationships; our goal is to guide our customers on their financial journeys, and now that includes insurance,” said TRB Chairman and CEO Michael Scaief. The new TRB Insurance Division comes by way of acquisition. The bank acquired Mission Duncan Insurance of Mission, Texas, and plans to build on its more than 100-year history in the insurance business.

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