Independent Community Bankers of America

Q3 Shareholder Report Plus Continued Recognition for Hyperion Bancshares

Retrieved on: 
Wednesday, October 25, 2023

PHILADELPHIA, Oct. 25, 2023 /PRNewswire/ -- In its Third Quarter 2023 Report to Shareholders, Hyperion Bancshares, Hyperion Bank's holding company, noted moderate growth for the Philadelphia-based community bank. It also recognizes that the nearly 17-year-old bank is outperforming its peers with a net interest margin that averaged 4.28% over the past year.

Key Points: 
  • Hyperion Bank reports moderate growth and increased profitability, along with staff additions and recognition for its leaders, growth & strength
    PHILADELPHIA, Oct. 25, 2023 /PRNewswire/ -- In its Third Quarter 2023 Report to Shareholders, Hyperion Bancshares, Hyperion Bank's holding company, noted moderate growth for the Philadelphia-based community bank.
  • DeCesare says Hyperion is #71 on the Philadelphia Business Journal's 2023 Soaring 76 list .
  • In addition, Hyperion earned a 5-Star Superior rating – the highest rating – from Bauer Financial , the independent bank rating firm.
  • "We are honored to again receive both the 'Soaring' recognition and the 5-Star Superior Bauer rating," Crawford says.

Biz2X Announces Partnership with Republic Bank of Arizona

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK and PHOENIX, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Biz2X today announced a new partnership with Republic Bank of Arizona (RBAZ) , a locally-owned community business bank dedicated to serving the State of Arizona.

Key Points: 
  • NEW YORK and PHOENIX, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Biz2X today announced a new partnership with Republic Bank of Arizona (RBAZ) , a locally-owned community business bank dedicated to serving the State of Arizona.
  • “Our goal is to be the premier Arizona-based community business bank, dedicated to helping Arizona businesses succeed, and with this partnership, our lending can be accessible 24 hours a day.”
    RBAZ offers Commercial Loans and a suite of online cash management services to ensure businesses in the Phoenix area, and throughout Arizona, have what they need to grow.
  • In June 2022, RBAZ was ranked 2nd in a list of the Top 10 Arizona banks with $479 million or less in market deposits by AZBigMedia .
  • We understand what banks need to best service the small business space,” said Rohit Arora, CEO of Biz2X and parent company Biz2Credit, and a pioneer in fintech.

Wolters Kluwer announces keynote speakers for the 27th CRA & Fair Lending Colloquium

Retrieved on: 
Friday, October 6, 2023

Wolters Kluwer Compliance Solutions will host its 27th annual CRA & Fair Lending Colloquium November 13-16 in Austin, Texas.

Key Points: 
  • Wolters Kluwer Compliance Solutions will host its 27th annual CRA & Fair Lending Colloquium November 13-16 in Austin, Texas.
  • Jesse Van Tol , President and Chief Executive Officer of the National Community Reinvestment Coalition, will be the honorary keynote speaker on Tuesday, November 14.
  • This year’s Colloquium deep dives on those topics will provide a tremendous forum for discussion and debate among lenders, regulators and other industry leaders about the implications for CRA and fair lending compliance.
  • For more information, please visit Wolters Kluwer’s CRA & Fair Lending Colloquium website .

Laurie Stewart Named One of American Bankers “Most Powerful Women to Watch”

Retrieved on: 
Friday, September 29, 2023

SEATTLE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- American Banker Magazine named Laurie Stewart, President and CEO of Sound Community Bank, as one of 2023’s “Most Powerful Women to Watch.”

Key Points: 
  • SEATTLE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- American Banker Magazine named Laurie Stewart, President and CEO of Sound Community Bank, as one of 2023’s “Most Powerful Women to Watch.”
    The “Most Powerful Women to Watch” ranks top-performing female executives whose governance continues to shape the banking industry throughout the country.
  • In this span, Stewart led the organization's conversion from a $38 million dollar credit union to a $1 billion publicly traded commercial bank.
  • Active in the industry, Ms. Stewart was one of 14 bankers selected to serve on the inaugural FDIC Community Bank Advisory Board.
  • Ms. Stewart has been recognized in the Most Powerful Women in Banking continuously since 2017.

Vero Technologies Raises $8.5 Million Series A to Make Wholesale Financing a Viable Revenue Stream for Banks

Retrieved on: 
Wednesday, September 20, 2023

Vero Technologies , a wholesale financing technology and loan servicing platform, today announced the close of its $8.5M Series A funding round.

Key Points: 
  • Vero Technologies , a wholesale financing technology and loan servicing platform, today announced the close of its $8.5M Series A funding round.
  • Vero Technologies’ lending-as-a-service platform streamlines these processes so that banks can extend wholesale financing to dealers in their local communities–all without overhauling existing systems or adding specialized headcount.
  • As a result, banks can profitably introduce wholesale financing, while providing dealers lower cost of funds and enhancing operational efficiencies.
  • For dealers and manufacturers with limited options for wholesale financing, Vero Technologies’ solution represents a differentiated value proposition.

Chimney Wins Best of Show at FinovateFall 2023 for its Newest Product, Chimney Home

Retrieved on: 
Monday, September 18, 2023

This marks the second time Chimney has won this accolade, as the company was first named a Best of Show winner at FinovateSpring 2021.

Key Points: 
  • This marks the second time Chimney has won this accolade, as the company was first named a Best of Show winner at FinovateSpring 2021.
  • “We are proud to congratulate Chimney on being named Best of Show for FinovateFall 2023,” ICBA Executive Vice President and Chief Innovation Officer Charles Potts said.
  • “Chimney Home is a game-changer, as it unlocks growth for financial institutions while creating better experiences for homeowners.
  • Winning Best of Show at FinovateFall is further proof that financial institutions recognize the need to better serve homeowners.”

Sutton Bank appoints Industry Veteran Darryl Clukey to lead Payments Division

Retrieved on: 
Thursday, September 7, 2023

Sutton Bank announced today that Darryl Clukey has joined the Bank and Sutton Payments as SVP, Chief Payments Officer.

Key Points: 
  • Sutton Bank announced today that Darryl Clukey has joined the Bank and Sutton Payments as SVP, Chief Payments Officer.
  • Darryl will provide strategy, direction and growth initiatives to Sutton Bank’s existing Payments business lines as the Bank continues to expand its products and services to the market.
  • Darryl most recently served as VP of Strategic Partnerships for a large issuing bank in the fintech and payments space.
  • Sutton Bank, an Ohio-based independent, community bank, was founded in 1878 and has grown into a top-performing community bank, as recognized by the Independent Community Bankers of America.

TCM Partners with LemonadeLXP to Drive Credit Card Fluency at Community Banks

Retrieved on: 
Tuesday, September 5, 2023

OTTAWA, ON, Sept. 5, 2023 /PRNewswire-PRWeb/ -- TCM Bank, a subsidiary of ICBA Bancard and a leading issuer of credit cards for community banks, has announced its strategic partnership with LemonadeLXP, a digital growth platform providing training and support tools to help community banks grow their digital banking presence.

Key Points: 
  • Discover how TCM Bank's partnership with LemonadeLXP is transforming digital banking for community banks, offering game-based training and support tools for staff, to enhance cardholder experiences.
  • OTTAWA, ON, Sept. 5, 2023 /PRNewswire-PRWeb/ -- TCM Bank, a subsidiary of ICBA Bancard and a leading issuer of credit cards for community banks, has announced its strategic partnership with LemonadeLXP, a digital growth platform providing training and support tools to help community banks grow their digital banking presence.
  • "TCM is committed to delivering the best cardholder experience for our community bank clients", said C.J.
  • "Our arrangement with LemonadeLXP helps further that effort by providing exciting new training support to create a seamless interactive experience for our community bank partners."

KlariVis Launches Revamped Website in Response to Remarkable Growth, Supporting Position as Preferred Community Bank Data and Analytics Partner

Retrieved on: 
Wednesday, June 14, 2023

KlariVis , the data and analytics partner of choice for community banks nationwide, proudly announced the launch of its newly redesigned website today.

Key Points: 
  • KlariVis , the data and analytics partner of choice for community banks nationwide, proudly announced the launch of its newly redesigned website today.
  • The enhanced site aims to simplify the research process and educate community banks seeking effective strategies to leverage their data through analytics.
  • The redesigned website boasts a visually stunning interface that captivates visitors, putting KlariVis’ remarkable dashboards solution and customer success stories at the forefront.
  • Recognizing the significance of the KlariVis team's subject matter expertise in solving the complex data conundrum faced by community banks, the new website prominently features an "Insights" section.

ICBA Partners with William Mills Agency to Promote Elevated Community Bank Innovation Programming

Retrieved on: 
Monday, June 5, 2023

William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces it will provide public relations services to the Independent Community Bankers of America (ICBA) to support its ThinkTECH innovation initiatives.

Key Points: 
  • William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces it will provide public relations services to the Independent Community Bankers of America (ICBA) to support its ThinkTECH innovation initiatives.
  • ICBA ThinkTECH provides year-round opportunities to support community bank growth and innovation through its award-winning ThinkTECH Accelerator program, which is designed to identify, develop and foster partnerships between community banks and fintechs.
  • “We are pleased to partner with William Mills Agency and leverage their expertise to showcase our ThinkTECH programs and support further engagement of our innovation initiatives.”
    “Our goal is to enhance awareness and recognition for ICBA ThinkTECH as the leading source for driving community bank-enabled fintech partnerships,” said William Mills, III, CEO, William Mills Agency.
  • “We are proud to engage with ICBA, the nation’s voice for community banks, to help shine a light on community bank-fintech solutions that meet the demands of today’s modern community banking landscape,” said Scott Mills, president, William Mills Agency.