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Curian To Sell Managed Accounts Through ICBA

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NU Online News Service, Oct. 14, 2003, 4:37 p.m. EDT – The Independent Community Bankers of America, Washington, has named Curian Capital L.L.C., Denver, a preferred provider of managed account programs for ICBA banks.

The ICBA, a trade group that represents 4,700 community banks and regional banks, will market the Curian managed account program through ICBA Financial Services.

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A managed account resembles a personalized version of a mutual fund. The ICBA program will be open to bank customers who have at least $25,000 to invest.