Washington, D.C. (July 1, 2014)—The Independent Community Bankers of America® (ICBA) today announced that it has extended its agreement with Investment Centers of America, Inc. (ICA) as the Preferred Service Provider (PSP) for retail brokerage services. ICBA members will continue to enjoy needs-based financial planning solutions that will enable them to deepen customer relationships.
“ICBA is pleased to extend the PSP relationship with ICA,” said Dan Clancy, ICBA executive vice president of services. “ICA’s brokerage and insurance services include a full menu of financial planning services that community banks and their customers can use to grow financial security and wealth.”
The PSP relationship enhances ICA’s ability to assist community banks in offering investment services and bank products to their customers. ICBA member banks may also take advantage of ICA’s financial solutions team, dedicated marketing support and high-touch advisor support.
Headquartered in Bismarck, ND, ICA, member FINRA/SIPC, has been a leading provider of investment and insurance products through financial institutions and independent offices since 1985. ICA, a member of the National Planning Holding Inc., (NPH) broker-dealer network, has more than 250 financial institution customers nationwide, of which 75 are current ICBA members.
“I am absolutely thrilled with the partnership between River Valley Financial Bank and Investment Centers of America,” said Matthew Forrester, CEO and president of River Valley Financial Bank in Madison, IN. “Their dedicated support on all levels is invaluable in building our comprehensive financial service platform and better serving our customers. They really know how to partner with banks better than anyone in the industry.”
The Independent Community Bankers of America®, the nation’s voice for more than 6,500 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.