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Established in 1959, we are the leading source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability. We have an evolving reform agenda that seeks to increase our development impact in the region. While we are a regular bank in many ways, we are also unique in some key respects. Besides loans, we also provide grants, technical assistance and do research. Our shareholders are 48 member countries, including 26 Latin American and Caribbean borrowing members, who have a majority ownership of the IDB. Our Fund for Special Operations (FSO) provides concessional financing to our most vulnerable member countries. Given our shareholder base and prudent management, we have a strong financial position. As a result, the IDB is able to borrow in international markets at competitive rates and transfer that benefit to our clients.
Bank Mutual Corporation is one of the leading companies in the Financial Services sector.
With a proud history spanning more than a century, The Village Bank is now the only remaining mutual community bank headquartered in the City of Newton. With full-service offices located in the heart of seven unique villages in Newton and neighboring Wayland, the Bank provides area residents and businesses with outstanding financial products and services, with the added advantage of local knowledge, local experience, and local decisions. Our commitment to helping build a better community is legendary. In the past decade alone, The Village Bank has donated nearly $2 million in support of initiatives that enhance the quality of life in the neighborhoods we serve. We are pleased to measure our success by the meaningful relationships we have established over the years as a result of our strong commitment to our customers and our community.
Intercity State Bank is a Schofield, WI-based company in the Financial Services sector.