International Bancshares Corporation | |
Type: | Public |
Traded As: | NASDAQ: S&P 400 Component |
Location: | Laredo, Texas |
Key People: | Dennis Nixon (CEO) |
Industry: | Finance and Insurance |
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".
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.[2]