INCREASING COMMUNITY BANK COMPETITIVE ADVANTAGE
- ICBA strongly encourages community banks to identify and develop new sources of revenue, control costs, and maintain profitable investments in order to compete effectively and serve their communities.
- Through the strength of member aggregation, ICBA provides, develops, and supports exclusive value-added products and services designed to enhance the competitive position of community banks.
To compete and thrive in the current economic and competitive environment, community banks must continue to expand product lines and seek new sources of revenue, as well as manage costs. ICBA, through the Bank Services Committee, subsidiary boards and staff, identifies, researches and develops unique services and programs to help community banks retain customers, grow assets, and increase profitability -- ultimately increasing franchise value. ICBA Preferred Service Provider programs provide dividend, fee income, and discount programs for community banks in areas such as insurance, lending, compliance and bank operations, funding, financial management and payments.
ICBA Services Network, through its four subsidiary service companies, ICBA Bancard & TCM Bank, ICBA Securities, ICBA Reinsurance and ICBA Mortgage provide community banks with credit and debit card programs, credit life insurance, investment opportunities for member bank portfolios and mortgage products and services.
More than 85 percent of ICBA members use an ICBA product or service from one or more of 30 Preferred Service Provider programs and ICBA Services Network companies.