International Bancshares Corporation
TypePublic
Nasdaq: IBOC
S&P 400 Component
IndustryFinance and Insurance
Founded1966
HeadquartersLaredo, Texas
Key people
  • A. R. Sanchez, Sr. - Founder
  • Dennis Nixon - CEO
  • Honoré Ligarde - Founder
ProductsBanking Investments Insurance
Websiteibc.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".

History

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]

IBC Bank in Downtown San Antonio

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″N 99°30′15″W / 27.5101°N 99.5042°W / 27.5101; -99.5042

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