Nashville, Tenn. (March 19, 2019)—ICBA Securities Corp., the broker-dealer subsidiary of the Independent Community Bankers of America® (ICBA), is celebrating its 30th anniversary during the 2019 ICBA LIVE® national convention in Nashville. ICBA Securities through its exclusively endorsed broker Vining Sparks provides fixed-income investment products and services for community banks.
“With the support and guidance of ICBA Securities, we’ve been able to optimize our portfolio’s performance and ensure our ongoing ability to serve the financial needs of our customers and community,” said ICBA Securities Chairman Dennis Doyle, who also serves as president and CEO of Great Midwest Bank in Brookfield, Wis. “ICBA Securities is an essential resource for community banks in the investment space. I commend them on 30 years of service to our industry.”
Founded in 1989, ICBA Securities provides high-quality investment products, services and education for community banks that help them create and maintain high-performing investment portfolios. ICBA Securities also provides bond accounting and interest rate risk services to more than 700 community banks. ICBA Securities is endorsed by 33 state associations and affiliates and has returned $46 million in the form of dividends or royalties to the community banking industry. ICBA Securities has a deep commitment to education as well, conducting an average of 50 educational events annually, including its ICBA Bond Academy and the ICBA Balance Sheet Academy.
“ICBA congratulates ICBA Securities on this momentous milestone,” ICBA President and CEO Rebeca Romero Rainey said. “ICBA Securities brings unparalleled value to community banks, and we thank their team for their exceptional work in furthering ICBA’s mission to create and promote an environment where community banks flourish.”
“ICBA Securities understands the unique investment needs of community banks and is committed to providing superior products at fair-market pricing,” ICBA Securities President and CEO Jim Reber said. “We are proud of our success and the trust our community bank customers have placed in us to help them reach their earning potential for their continued growth and prosperity.”
For more information about ICBA Securities, visit www.icbasecurities.com/.
About ICBA Securities
ICBA Securities, a wholly owned subsidiary of ICBA, specializes in providing quality investment products, services and education to community banks to help to create and maintain a high performing investment portfolio. For more information on ICBA Securities, visit www.icbasecurities.com.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $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.