ICBA and The American College Announce Scholarship for Veterans

ICBA Press Release Banner 2020

Certified Professional Designation Supports A Career in Community Banking

Washington, D.C. (June 9, 2020) — The Independent Community Bankers of America® (ICBA) and The American College of Financial Services today announced a new “20 in 2020” scholarship for veterans and their families seeking challenging and rewarding careers as community bankers. Recipients will receive full scholarships to complete coursework and earn The American College Wealth Management Certified Professional (WMCP®) designation.

“ICBA is thrilled to work with The American College of Financial Services to award 20 scholarships to deserving U.S. veterans and their spouses,” ICBA Group Executive Vice President and Chief Learning and Experience Officer Lindsay LaNore said. “We commend these individuals, who have served or supported our nation’s military, and are honored to recognize their leadership abilities as they pursue a career in community banking.”

The year-long coursework includes instruction in goal identification, risk management, and investment management plans tailored to the needs of investors. Developed by more than 25 expert financial advisors, the WMCP designation provides a unique education in applied investment management that won the program the 2018 Brandon Hall Group Bronze Award for Excellence in Learning.

“We’re proud to recognize and support career advancement opportunities for veterans whose commitment to service and attention to detail make them ideally suited for a career in banking,” Executive Director of The American College Penn Mutual Center for Veterans Affairs Ted Digges said. “Given the complexities surrounding investment management and financial planning, it’s more important than ever to have individuals of integrity that are well-equipped to help consumers tackle major life milestones with confidence and success.”

Applications will be reviewed by a selection committee and winners notified by The American College and ICBA by Sept. 1, 2020.

Applications are due July 31. Only 200 applications will be accepted. To submit an application and view eligibility requirements, visit ICBA’s website.

About ICBA

The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, nearly $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.

About the American College of Financial Services

The American College of Financial Services was founded in 1927 and is the nation's largest nonprofit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has educated one in five financial advisors across the United States and offers two master's degrees in management and financial services and prestigious financial planning designations such as the Retirement Income Certified Professional® (RICP®), Chartered Life Underwriter® (CLU®), Chartered Financial Consultant® (ChFC®), Wealth Management Certified Professional® (WMCP®) and education leading to the Certified Financial Planner™ (CFP®) certification. The College's faculty represents some of the foremost thought leaders of the financial services profession. For more information, visit