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Industry Spotlight > Broker Dealers

ICBA Offers Bank Broker Program

By Staff Writer

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NU Online News Service, Nov. 19, 2003, 12:05 p.m. EST – ICBA Financial Services, Memphis, Tenn., has introduced a new lobby brokerage program for community banks.

ICBA, the broker-dealer subsidiary of the Independent Community Bankers of America, says it’s offering its new Dual Employee program in conjunction with Fiserv Investor Services Inc., a unit of third-party administrator Fiserv Inc., Brookfield, Wis.

The program uses one or more full-time bank employees dedicated to sales of investment products and services. It will be most attractive to banks with established brokerage programs, says ICBA.