Washington, D.C. (July 28, 2021) — ICBA Securities® Inc., the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), has received the endorsement of the Idaho Bankers Association (IBA). This marks the 34th state banker association to give its seal of approval to ICBA Securities, which provides fixed-income investment products and services to community banks.
“We are pleased to support Idahoan bankers and look forward to working alongside the IBA to help their members create and maintain high-performing investment portfolios,” said ICBA Securities Chairman Derek Williams, who also serves as president and CEO of Century Bank & Trust in Milledgeville, Ga. “ICBA Securities’ sterling reputation and diverse offerings makes them ideally suited to help Idaho community banks realize their earnings potential.”
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 and education to our members,” said IBA President and CEO Trent Wright. “The IBA Board of Directors is pleased to endorse ICBA Securities and anticipate a long and productive partnership to help community banks throughout our state increase their business goals and objectives.”
The IBA helps educate policymakers, the media, and the public about the realities, complexities and regulatory environment of the banking industry. The association also promotes the tremendous contributions banks make to their local communities in the form of financial contributions and volunteer hours to charitable causes, as well as disseminate information that is important to the public and their confidence in the banking system.
For more information, visit www.icbasecurities.com
About ICBA Securities
ICBA Securities provides a full suite of investment products and services for community banks through its exclusively endorsed broker, Vining Sparks. Included are traditional debt securities, interest rate products, whole loans, and M&A and bank valuation services. Vining Sparks also has state-of-the-art asset/liability and bond accounting products. ICBA Securities, a wholly owned subsidiary of ICBA, provides a full calendar of educational events for community bankers and investment professionals. ICBA Securities is the only broker/dealer owned by the community banking industry.
The Independent Community Bankers of America creates and promotes an environment where community banks flourish. ICBA 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.
With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, over $4.4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.