International Bank of Commerce

Last updated
International Bancshares Corporation
Company type Public
Nasdaq:  IBOC
S&P 400 Component
Industry Finance and Insurance
Founded1966;59 years ago (1966)
Founders
Headquarters Laredo, Texas
Key people
 Dennis Nixon (CEO)
Products
Website ibc.com

International Bank of Commerce (IBC) is a state chartered bank owned by International Bancshares Corporation headquartered in Laredo, Texas (United States). It is one of the largest banks based in Texas, and is the 83rd largest U.S. bank by asset size. [1] In addition, IBC is the largest minority-owned bank in the United States. The motto of the bank is "We Do More".

Contents

History

IBC currently serves eighty-eight communities throughout Texas and Oklahoma with 166 branches and 256 ATMs.[ citation needed ]

Honoré Ligarde, a state representative for Webb County from 1963 to 1973, was a founder and later the IBC president. [2]

IBC Bank corporate headquarters in Laredo, Texas IBC Bank corporate headquarters.jpg
IBC Bank corporate headquarters in Laredo, Texas

References

  1. ↑ "Banks and Thrifts with the Most Assets". 14 March 2012.
  2. ↑ Tom Sanchez (February 16, 1986). "Illness Claims Laredo leader". Laredo Morning Times . pp. 1, 6. Retrieved July 3, 2015.

27°30′36″N99°30′15″W / 27.5101°N 99.5042°W / 27.5101; -99.5042

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