ICBA Securities Inc, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), announced Thursday that it has received the endorsement of the Vermont Bankers Association Inc. (VBA). VBA is the 38th state banking association to endorse the services of ICBA Securities, which provides fixed-income investment products and services to community banks.
“We are delighted to include the Vermont Bankers Association into the ranks of state and regional partners that have endorsed ICBA Securities,” said Kathy Underwood, ICBA Securities board member and president of Ledyard National Bank in Norwich, Vt. “ICBA Securities offers a diverse portfolio of investment products and has a strong track record of providing the best possible service and products to the nation’s more than 6,000 community banks. We look forward to working with Vermont’s community banks and assisting them with their investment needs.”
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. ICBA Securities specializes in providing high-quality investment products, services and education to community banks to help to create and maintain a high-performing investment portfolio.
Established in 1909, the Vermont Bankers Association Inc. promotes the general welfare and usefulness of banking institutions. The association also discusses the importance of banking and commercial interests in the state of Vermont. VBA’s mission is to promote an environment that fosters a vibrant banking community, which will ultimately allow for a more prosperous Vermont economy.
“ICBA Securities understands the unique needs of community banks and how to best serve them,” said Chris D’Elia, president of the Vermont Bankers Association. “We are proud to endorse ICBA Securities and look forward to helping community bankers across Vermont gain even more value from ICBA’s products and services.”
Washington, D.C. (May 21, 2015)—ICBA Securities Inc. The Independent Community Bankers of America®, the nation’s voice for more than 6,000 community banks of all sizes and charter types, 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. For more information, visit www.icba.org.