ICBA - Independent Community Bankers of America

07/12/2019 | Press release | Distributed by Public on 07/12/2019 08:12

ICBA Securities Appoints New Community Bank Board Members

Washington, D.C. (July 12, 2019)-ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America® (ICBA), today announced the appointments of ICBA Vice Chairman Bob Fisher, president and CEO, Tioga State Bank, Spencer, N.Y., and Jack Hopkins, president and CEO, CorTrust Bank, Mitchell, S.D., to its board of directors.

'ICBA Securities is fortunate to have such distinguished community bank leaders join our board,' said ICBA Securities Chairman Dennis Doyle, president and CEO of $836 million-asset Great Midwest Bank in Brookfield, Wis. 'These new directors provide valuable insights and continue ICBA Securities' rich tradition of seeking credible, respected community bankers on its board.'

Also serving on the ICBA Securities board of directors are Leon Blankstein, president and CEO, American Business Bank, Los Angeles; Scott Heitkamp, president and CEO, ValueBank Texas, Corpus Christi, Texas; Kathy Underwood, president and CEO, Ledyard National Bank, Hanover, N.H.; and John Witkowski, president and CEO Independent Bankers Association of New York State, Albany, N.Y.

'We are pleased to welcome Bob and Jack to the board and look forward to their fresh perspectives as we refine our investment portfolio and educational offerings that help foster continued growth and prosperity for the nation's community banks,' says ICBA president and CEO Jim Reber.

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 through its exclusively endorsed broker Vining Sparks, one of the nation's top 20 underwriters of agency securities.

For more information about ICBA Securities, visit www.icbasecurities.com.

About ICBA Securities
ICBA Securities, a wholly owned subsidiary of ICBA, specializes in providing quality investment products, services and education to community banks to help to create and maintain a high performing investment portfolio. For more information on ICBA Securities, visit www.icbasecurities.com.

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 five 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.