Filemon Vela: “It is an honor to recognize Frederick William Rusteberg of Brownsville, Texas. Mr. Rusteberg served the majority of his…”

“It is an honor to recognize Frederick William Rusteberg of Brownsville, Texas. Mr. Rusteberg served the majority of his professional career as the original founding CEO and president of International Bank of Commerce in Brownsville until his retirement on October 27, 2016. In the early 1970s, Mr. Rusteberg served his country as an officer in the United States Army. After receiving the Army commendation medal and an honorable discharge, he returned to his hometown of Brownsville. He helped develop the area's future as assistant port director for the Port of Brownsville. Mr. Rusteberg began his 40-year banking career at Bank of the Southwest. Shortly thereafter, he opened the first International Bank of Commerce bank facility in Cameron County in 1984. A champion of education, Mr. Rusteberg led successful efforts for the Brownsville Independent School District to secure funding for our schools. He and his family established the very first scholarship endowment at the University of Texas-Brownsville, now University of Texas Rio Grande Valley. Mr. Rusteberg has been married to Frances Hill for 48 years and has two children, William Rusteberg and Liz Rusteberg Hainley, and two grandchildren, Jessie Hainley and Will Hainley. Fred and Frances have been highly active in the community throughout the years and are blessed to call Brownsville home. Mr. Speaker, I thank you for the opportunity to honor Frederick William Rusteberg.…”