Investing in the local workforce, Governor Greg Abbott announced a funding boost for job training in the Rio Grande Valley. According to a press release from the Governor’s Office, the Texas Workforce Commission (TWC) has awarded a $262,944 Skills Development Fund (SDF) grant to support talent development in the commercial banking industry. The grant will provide training for 317 new and current employees at Lone Star National Bank, aligning with the state’s ongoing economic expansion.
"As our state’s economy continues to grow, it is critical that we invest in our workforce to ensure key industries have the talent they need to thrive," Governor Abbott was quoted as saying in the press release. These words come alongside TWC Chairman Bryan Daniel's statement, that the grant serves as "a powerful tool to aid in the success of the Texas workforce." The plan, according to TWC, is to provide resources to quickly upskill hundreds of bank employees for high-demand roles.
During a ceremony at Lone Star National Bank's corporate office in McAllen, TWC Commissioner Representing Labor Alberto Treviño III presented the SDF grant to representatives from Workforce Solutions Lower Rio Grande Valley, the bank, and other partners. The Skills Development Fund has a long track record, since 1996, to be precise, having supported over 4,900 employers and contributing to the upgrade or creation of more than 435,000 jobs across Texas.
The initiative underscores a partnership among the public community and technical colleges, workforce development boards, and Texas A&M Engineering Extension Service. They are working together to tailor training that will match businesses of all sizes with a competent workforce. "This grant will provide the necessary tools to train over 300 employees in the commercial banking industry," said Abbott, aiming to boost jobs and economic growth in the Rio Grande Valley, as reported by the Governor’s Office.
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