Washington, D.C. (Jan. 30, 2024)—The Independent Community Bankers of America (ICBA) today announced that Ncontracts has been selected as its newest Preferred Service Provider (PSP). Ncontracts, which provides integrated vendor, risk, and compliance management solutions, helps community banks confidently manage their enterprise risk and vendor management workload.

“Ncontracts takes the concept of integrated risk management and makes it a reality for community banks,” ICBA Innovation Senior Vice President Adam Mahone said. “By helping to elevate their compliance and third-party risk management programs through a holistic lens, community banks can improve efficiency while satisfying compliance considerations.”

Ncontracts’ user-friendly risk and compliance software, along with its expert-created and -maintained content, helps reduce regulatory burden while delivering strategic insights through:

  • Compliance management (Ncomply).
  • Enterprise risk management (Nrisk).
  • Third-party risk management (Nvendor).
  • Findings management (Nfindings).

“Community banks serve a vital role as engines for economic growth in the U.S.,” said Michael Berman, Ncontracts founder and CEO. “Ncontracts is proud to support these essential institutions by offering integrated risk management solutions that enhance operational efficiency and business intelligence.”

For more information about ICBA’s Preferred Service Provider program, visit www.icba.org/psp.

About ICBA

The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.