March 31, 2022
Washington, D.C. (April 1, 2022) — The Independent Community Bankers of America® (ICBA) is honoring the contributions of the nation’s nearly 5,000 community banks during April, which is ICBA Community Banking Month. ICBA recognizes the incomparable service and dedication of community banks, which benefits their customers and communities in a multitude of meaningful ways.
“Community bankers are nimble and resourceful problem solvers that are fully committed to fostering their customers’ success while enhancing the economic health and resiliency of their communities,” ICBA President and CEO Rebeca Romero Rainey said. “Community bankers are much more than financial transactors: They are financial stewards that take pride in providing the best possible financial products and services to customers with a demonstrated commitment to making their communities they best they can be. It is a holistic approach to banking that makes community banking unique and sought after.”
Community banks make up 99% of all banks and fund more than 60% of small-business loans and more than 80% of agriculture loans. Unlike credit unions, they contribute tax dollars that help maintain local municipalities and keep local neighborhoods viable and vibrant. Community banks are also:
“Community banks go the extra mile to provide ‘wow moments’ for their customers every day," ICBA Chairman and President, CEO and Senior Lender at Community Spirit Bank Brad Bolton said. "I'm proud to be a community banker and to join my fellow bankers across the country working to ensure financial prosperity for all Americans—today, tomorrow and into the future.”
ICBA pays tribute to community banks for their ongoing contributions to their communities with the ICBA National Community Bank Service Awards. Learn more about community banking and find a community bank near you at www.banklocally.org.
The Independent Community Bankers of America® (ICBA) is the nation’s voice for community banks with its mission to create and promote an environment where community banks flourish. We are dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and innovative products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding nearly $5.9 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 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.