How many branches does the IBC Bank have and in which states?
IBC Bank, with 280 branches across Texas and Oklahoma, continues to expand its presence in six of the nation`s top economic growth cities in these states, based on a recent survey from the Brookings Institution. Brookings` MetroMonitor study examined the employment, unemployment, output, home prices, and foreclosure rates for the nation`s 100 largest metropolitan areas, and the Texas and Oklahoma cities of San Antonio, Austin, Houston, McAllen, Oklahoma City and Tulsa all ranked in the top twelve. Austin and McAllen surpassed pre-recession peak output (GMP) last quarter, McAllen added jobs counterbalancing national unemployment numbers, and the housing market in Texas stabilized during this time period. IBC Bank`s presence in these six economically vibrant cities is evidence of the bank`s strong commitment and dedication to answering the financial needs of all its customers. “The economies and hard work of Texas and Oklahoma continue to outperform the national economy,” IBC Chairman an
Bill Schonacher, president of IBC Bank’s Tulsa/Green Country Region, believes Northeast Oklahoma is a great place to grow a bank franchise, and the reasons he cites are many. “The future of the region is undoubtedly bright. It is our goal to be the bank most conducive to growth by offering an exemplary set of products and services,” says Schonacher. Being convenient to customers is a major component of IBC’s strategy for growth or as Schonacher likes to put it, “Being where our customers need us to be.” The IBC Bank franchise was chartered in 1966 deep in the heart of South Texas in Laredo. Spreading north along the interstate corridor of I-35, IBC established a presence in southern tier Texas cities such as Austin, San Antonio, Brownsville, McAllen and Houston. Following the industrial growth along I-35, spawned primarily by the North American Free Trade Agreement (NAFTA), proved to be a successful growth strategy. Small to medium manufacturing, warehousing, transportation and related
IBC Bank, with 280 branches across Texas and Oklahoma, continues to expand its presence in six of the nation`s top economic growth cities in these states, based on a recent survey from the Brookings Institution. Brookings` MetroMonitor study examined the employment, unemployment, output, home prices, and foreclosure rates for the nation`s 100 largest metropolitan areas, and the Texas and Oklahoma cities of San Antonio, Austin, Houston, McAllen, Oklahoma City and Tulsa all ranked in the top twelve. Austin and McAllen surpassed pre-recession peak output (GMP) last quarter, McAllen added jobs counterbalancing national unemployment numbers, and the housing market in Texas stabilized during this time period. Sources: http://www.reuters.
