ICBA Extends Multiyear Deal with Endorsed Broker - Dealer Stifel for Community Bank Portfolio
The Independent Community Bankers of America (ICBA) announced a multiyear deal with Stifel to continue offering investment products and services to community banks through a partnership with ICBA’s broker-dealer subsidiary, ICBA Securities® Inc.
“We’re pleased to work with a prestigious organization like Stifel—a recognized leader in the investment space,” Senior Executive Vice President of ICBA Innovation Kevin Tweddle said. “Through Stifel, ICBA continues to deliver on its promise to help our members compete and win by leveraging cutting-edge products and relevant services that reflects their unique investment needs and market considerations.”
“For the past 35 years, this unique relationship has provided investment and balance sheet services to community banks, while delivering valuable resources back to our state association partners,” said ICBA Securities President and CEO Jim Reber. “Stifel’s expansive platform, which provides services related to fixed income investments, asset/liability management, derivatives strategy, loan sales, and funding, checks all the boxes for community banks that are actively managing their balance sheets.