Private company

California Infrastructure and Economic Development Bank

Logo: Government of the State of California, Public domain, via Wikimedia Commons3

State owned bank

The California Infrastructure and Economic Development Bank (IBank) is a state-owned, state-run financial institution based in Sacramento, California. The bank operates under the Bergeson-Peace Infrastructure and Economic Development Bank Act of 1994 and is governed by a five-member board of directors.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

The California Infrastructure and Economic Development Bank (IBank) is a state-owned, state-run financial institution based in Sacramento, California. The bank operates under the Bergeson-Peace Infrastructure and Economic Development Bank Act of 1994 and is governed by a five-member board of directors.2