International Bank of Commerce

{{more citations needed|date=August 2012}}

{{Infobox company

| name = International Bancshares Corporation

| logo = International Bank of Commerce logo.png

| type = Public

| traded_as = {{NASDAQ|IBOC}}
S&P 400 Component

| foundation = {{start date and age|1966}}

| founders = {{ubl|A. R. Sanchez, Sr.|Honoré Ligarde}}

| location = Laredo, Texas

| key_people = Dennis Nixon (CEO)

| industry = Finance and Insurance

| products = {{ubl|Banking|Investments|

Insurance}}

| homepage = {{url|https://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.{{Cite web|url=http://www.americanbanker.com/rankings/bt-most-assets-1047501-1.html|title = Banks and Thrifts with the Most Assets|date = 14 March 2012}} 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.{{Citation needed|date=June 2020}}

Honoré Ligarde, a state representative for Webb County from 1963 to 1973, was a founder and later the IBC president.{{cite news|url=http://trees.ancestry.com/tree/8627488/person/-914090195/photo/bfd96a92-a5e2-404f-89e0-cd04bc1df812?src=search|title=Illness Claims Laredo leader|author=Tom Sanchez|newspaper=Laredo Morning Times|date=February 16, 1986|pages=1, 6|access-date=July 3, 2015}}

File:IBC Downtown SA.JPG]]

References

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