FOR IMMEDIATE RELEASE
Arkansas Community Bankers Endorses ICBA Securities
Memphis, Tenn. (May 15, 2007)—ICBA Securities Inc., the member-directed securities broker/dealer of the Independent Community Bankers of America (ICBA), today announced it has received the endorsement of the Arkansas Community Bankers, Hot Springs, Ark. The Arkansas Community Bankers brings to 32 the number of state banking organizations that endorse the services of ICBA Securities. ICBA Securities provides investment products and securities for community bank portfolio investments.
"I am confident that the Arkansas Community Bankers' endorsement of ICBA Securities will prove advantageous for independently owned community banks across Arkansas," said Marti Rodamaker, ICBA Securities chairman and president of First Citizens National Bank, Mason City, Iowa. "ICBA Securities' varied portfolio of investment products and strong track record of returns have provided a unique edge for community banks all over the country."
Since 1989, ICBA Securities has offered broker/dealer services with an inventory of portfolio investment products including U.S. Treasury securities and agency debt, fixed rate and adjustable rate mortgage-backed securities, collateralized mortgage obligations, corporate securities, municipal bonds, Small Business Administration and other securities suitable for community bank investments. ICBA Securities serves more than 1,000 community banks, making it one of the largest broker/dealers for community banks in the nation.
"This endorsement brings incredible opportunities for Arkansas community banks," said Richard Trammell, executive director of Arkansas Community Bankers. "ICBA Securities' products, education and analytical tools offer Arkansas community banks a foundation to improve and develop their portfolios. We look forward to working with ICBA Securities for many years to come."