Type Public Website www.ibc.com | Industry Finance and Insurance Founded 1966 | |
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Traded as NASDAQ: IBOC
S&P 400 Component Key people A. R. Sanchez, Sr., Founder Founder, International Bank of Commerce - Laredo, Texas
Chairman, International Bancshares Corporation Products Banking Investments Insurance Headquarters Laredo, Texas, United States Parent organizations International Bancshares Corporation, IBC Subsidiary Corp Subsidiaries First Capital Group of Texas, II L.P., IBC Investments Corporation, IBC Insurance Agency Ltd. | ||
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. In addition, IBC is the largest minority-owned bank in the United States. The motto of the bank is "We Do More".
History
The Internatbased banks. IBC currently serves eighty-eight communities throughout Texas and Oklahoma with 215 branches and more than 375 ATMs.
Honoré Ligarde, a state representative for Webb County from 1963 to 1973, was a founder and later the IBC president.
References
International Bank of Commerce Wikipedia(Text) CC BY-SA