Form D · Commercial Banking
Rio Financial Services, Inc.
Mcallen, TX · CIK 0001489899
Offering snapshot reported May 6, 2021 · SEC filing
- Reported sold
- $24M Offering amount: $24M
- Investors reported
- 15 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Oct 26, 2020 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| May 6, 2021 | Amendment | $24,000,000 | $0vs Dec 15, 2020 | 15 | SEC filing |
| Dec 15, 2020 | Initial | $24,000,000 | No comparison | 15 | SEC filing |
| Apr 30, 2010 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Debt
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $17.1K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-383215
Sales compensation recipients
Scroll to see all columns →
| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Brean Capital, LLC | 23723 |
Source: Form D, filed May 6, 2021. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Cayetano E Barrera | Director |
| Marcus Barrera | Director |
| Catherine L Grossman | Executive |
| Craig K Lewis | Director |
| Dallas M. Nelson | Director |
| A. Ford Sasser | Director, Executive |
| C. Trebes Sasser | Director |
| M. Stuart Sasser | Director |
| Alexander Ford Sasser | Director, Executive |
| Daniel D Vela | Director |
| Baldomero Vela | Director |
| Marianela Vela | Executive |
| Edward J Zinsmeister | Director |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:Mcallen, TX, 78502