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Monday, 04/06/2009 6:52:30 PM

Monday, April 06, 2009 6:52:30 PM

Post# of 5943
*IBOC 8.53 (ti)



nternational Bancshares Corporation operates as a multi-bank financial holding company that provides commercial and retail banking services in Texas and Oklahoma. It accepts checking and savings deposits, and demand and time deposits from individuals, partnerships, corporations, and public entities; and provides commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also facilitates international trade primarily along the United States border with Mexico. In addition, its international banking services include letters of credit, commercial and industrial loans, and currency exchange. Further, the company offers other related services, such as credit cards, travelers’ checks, safety deposit, collection, notary public, escrow, drive-up and walk-up facilities, and other customary banking services; and certain securities products through third party providers. International Bancshares, through its non-banking subsidiaries, reinsures credit life, accident, and health risks related to loans made by bank subsidiaries; and involves in investment banking and merchant banking activities. As of May 5, 2008, it operated approximately 260 facilities and 405 automated teller machines serving 100 communities. The company was founded in 1966 and is headquartered in Laredo, Texas.

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