Nonprofit Lender BCL of Texas Appoints David Brennan as New Board Chair

Austin, TX, May 08, 2019 --( Local non-profit economic development organization Business and Community Lenders (BCL) of Texas has appointed David Brennan of Waco, TX, as its new Board of Directors Chair. This designation comes as BCL’s retiring Chair, Andres Garza, Jr., is honored with the prestigious designation of Chair Emeritus after 22 years of Board service.

A ceremony was held at the Wharton, TX, Civic Center to honor Mr. Garza and grant the lifetime appointment of Chair Emeritus. During Mr. Garza’s tenure as Board Chair, BCL of Texas helped over 4,700 families achieve homeownership, created 540 new jobs, provided loans for over 5,000 individuals and businesses, and facilitated furniture donations for over 100 low-income families affected by Hurricane Harvey.

Incoming Chair David Brennan brings extensive experience in commercial and small business lending with 17 years’ experience as Regional Executive Vice President at Extraco Banks. Brennan holds a degree in Finance from the University of West Florida, and a Banking and Commercial Lending Certificate from the ABA Stonier Graduate School of Banking, as well as a Wharton Leadership Certificate from the University of Pennsylvania.

“We are very excited to have Mr. Brennan’s leadership as our new Board Chair,” said Rosa Rios Valdez, CEO of BCL of Texas. “His extensive experience working with commercial and consumer lending makes him a perfect fit for this new role, and we look forward to achieving our goals under Mr. Brennan’s leadership.”

Brennan said, “I’ve had the privilege of serving on this board with Mr. Garza since I joined in 2007, and I am proud to call him my friend, my colleague, my community co-crusader. This organization’s impact is about improving the lives of Texans through economic opportunity. We build strong communities.”

BCL of Texas is an organization dedicated to improving the lives of Texans through asset building and job creation. For more information on business lending, business coaching, homeownership education, mortgage lending, down payment assistance, or financial education services, visit

About BCL of Texas:

Established in 1990 as a statewide not-for-profit Certified Development Corporation, BCL of Texas successfully promotes business and community development and provides business capital and commercial real estate loans throughout Texas. True to its mission to create jobs through business development, BCL of Texas has helped to create jobs for over 6,000 Texans. In addition to providing businesses with counseling and technical assistance, BCL of Texas originates, underwrites, processes, closes and services business loans to healthy, growing businesses.

The organization also offers homebuyer education classes, assists first-time homebuyers with the purchase of their first home and helps customers remain responsible and successful homebuyers. BCL of Texas is a member of the nation-wide NeighborWorks® Network, which engages in revitalization strategies that strengthen communities and transform lives. For more information, visit
BCL of Texas
Lindsay Ignatowski