Washington, D.C. (Jan. 31, 2017)—ICBA Securities® Inc., the broker-dealer subsidiary of the Independent Community Bankers of America® (ICBA), has received the endorsement of the Community Bankers Association of Oklahoma (CBAO). This marks the 33rd state banking association to give its seal of approval to ICBA Securities, which provides fixed-income investment products and services to community banks.
“We’re excited to work with CBAO to deliver ICBA Securities’ portfolio of investment products and services to Oklahoma’s community bankers,” said ICBA Securities Chairman Dennis P. Doyle, who also serves as president and CEO of Great Midwest Bank in Brookfield, Wis. “ICBA Securities focuses on the community bank market exclusively, and it is the perfect partner to help community banks create and maintain high-performing investment portfolios.”
Since 1989, ICBA Securities, a wholly owned subsidiary of ICBA, has offered broker-dealer services with an inventory of portfolio investment products to community banks through its exclusively endorsed broker Vining Sparks, one of the nation’s top 20 underwriters of agency securities.
“ICBA Securities understands the unique investment needs of community banks and is committed to providing superior products at fair-market pricing,” said Craig Buford, president and CEO of the Community Bankers Association of Oklahoma. “We are proud to endorse ICBA Securities, and look forward to helping community bankers across our great state enhance their profitability through this relationship.”
Only community banks owned or chartered in the state of Oklahoma are eligible for CBAO membership. The association’s legislative efforts center on creating a level playing field for community banks and fighting against costly and burdensome regulations that threaten the community bank franchise. CBAO is ICBA’s state strategic partner in Oklahoma.
For more information, visit www.icbasecurities.com
The Independent Community Bankers of America®, the nation’s voice for nearly 6,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services.