Washington, D.C. (July 7, 2023) — ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of Gabriel Guerra, president and CEO of Kleberg Bank in Corpus Christi, Texas, to the ICBA Securities board of directors.
"We’re honored to welcome Gabe, a respected community leader and industry advocate, to our board,” ICBA Securities President and CEO Jim Reber said. “Gabe brings tremendous knowledge and perspective that will enhance the board’s collective efforts to ensure community bank investment offerings are well positioned to deliver maximum impact for our members and the customers and communities they serve.”
Active on the national and local level, Guerra serves on ICBA’s Bank Innovation and Solutions Committee and is the elected delegate for Texas – District 2 on ICBA’s Federal Delegate Board. Guerra also serves as a director of the San Antonio branch of the Federal Reserve Bank of Dallas. Guerra is serving a three-year term as a Port of Corpus Christi commissioner, is on the board of the Independent Bankers Association of Texas, and is past chairman of the Corpus Christi Regional Economic Development Corp. and Corpus Christi Chamber of Commerce.
Community bankers serving on the ICBA Securities board with Guerra are Thomas E. Bates Jr., president and CEO of Legends Bank in Clarksville, Tenn.; Aza Bittinger, president and CEO of the Community Bankers Association of Ohio; Brenda Foster, chairman, president and CEO of First Western Bank and Trust in Minot, N.D.; Blake Heid, president and CEO of First Option Bank in Osawatomie, Kan.; and Craig Wanichek, president and CEO of Summit Bank in Eugene, Ore.
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. Its exclusively endorsed broker, Stifel, is one of the nation’s top 10 underwriters of agency securities.
For more information on ICBA Securities, 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, Stifel. Included are traditional debt securities, interest rate products, whole loans, and M&A and bank valuation services. Stifel 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 employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding $5.8 trillion in assets, $4.8 trillion in deposits, and $3.8 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.