Washington, D.C. (July 10, 2020) — Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source for community banking news, announced its rankings of the top community bank loan producers for 2020 in the July issue.
“The community banks featured on Independent Banker’s Top Lenders listings demonstrate that innovation and expertise go hand in hand to deliver exceptional customer experiences that generate bottom-line results,” ICBA President and CEO Rebeca Romero Rainey said. “ICBA is pleased to recognize these banks and their highly accomplished staff on an outstanding performance this year as they continue to build a culture of success.”
The “ICBA’s Top Lenders 2020” feature reveals the secret to these community banks’ success as agricultural, commercial, and consumer and mortgage lenders. It showcases their commitment, ingenuity, and skill in adapting to market dynamics and evolving customer needs. Recognized community bankers embody the entrepreneurial spirit of community banking, follow established industry fundamentals, and embrace innovation for the benefit of their local customers and communities.
The annual Top Lenders list is based on the strength of competitive banking services and operational efficiencies using FDIC data for 2019. Scores were determined by combining the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category and asset size and adjusted for loan charge-oﬀs at certain percentile thresholds.
Click here to view this year’s ICBA Top Lenders listings.
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.
# # #