ICBA

First Federal Savings Bank and ICBA Share Money Management Tips to Help Americans Be More Financially Resilient

Retrieved on: 
Monday, April 8, 2024
Consumer, Uncertainty, Freedom, Safety, FDIC, Independent, Coffee, ICBA, Consumer Financial Protection Bureau, Retirement, Bank

Meanwhile, America’s personal savings rate dropped from 15 percent in Q3 2020 to 4.0 percent in Q3 2023, according to the Commerce Department .

Key Points: 
  • Meanwhile, America’s personal savings rate dropped from 15 percent in Q3 2020 to 4.0 percent in Q3 2023, according to the Commerce Department .
  • “Saving is an important component of maintaining financial wellness and stability,” Courtney Schmitt, Marketing Manager VP at First Federal Savings Bank said.
  • “As your trusted financial advisor, First Federal Savings Bank can put you in the driver’s seat so you can help avoid financial pitfalls and reach your short- and long-term financial goals.”
    First Federal Savings Bank and ICBA offer these tips to help consumers boost their savings:
    Pay yourself first.
  • More than three quarters (83 percent) of Americans plan to use their anticipated return for savings or paying off debt.

ICBA and First Federal Savings Bank: Community Banks Power Local Communities

Retrieved on: 
Monday, April 1, 2024
Civic, Community, Independent, ICBA, Social media, Life, Marketing, Bank

EVANSVILLE, Ind., April 01, 2024 (GLOBE NEWSWIRE) -- In honor of Community Banking Month in April, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are highlighting community bank efforts to power local communities and fuel economic prosperity for Americans nationwide.

Key Points: 
  • EVANSVILLE, Ind., April 01, 2024 (GLOBE NEWSWIRE) -- In honor of Community Banking Month in April, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are highlighting community bank efforts to power local communities and fuel economic prosperity for Americans nationwide.
  • “At First Federal Savings Bank, we not only apply personalized banking solutions, but we contribute to vital causes that positively impact the community.
  • “ICBA takes pride in representing these community-centric servants, championing their dedication to empowering local communities—one loan, one customer at a time.”
    For more facts about community banks, click here.
  • Follow the ICBA Community Banking Month conversation on social media with the #BankLocally and #CommunityBankingMonth hashtags.

Conductiv CEO Gopal Swamy Wins ICBA ThinkTECH Accelerator All-Heart Award

Retrieved on: 
Wednesday, March 27, 2024
SMB, LMI, FICO, Environment, Independent, Empathy, Risk, ICBA, Fintech, Bank

NEW YORK, March 27, 2024 /PRNewswire-PRWeb/ -- Conductiv, a fintech that helps community banks win back lost loans and deposits by digitally gathering data to improve underwriting, announced today that its CEO Gopal Swamy won the Independent Community Bankers of America®'s (ICBA) ThinkTECH Accelerator program's All-Heart award, sponsored by Wipfli LLP. This award celebrates an individual's demonstrated passion, empathy, and commitment to making a positive impact on community banks.

Key Points: 
  • Gopal Swamy, CEO of Conductiv, is this year's recipient.
  • NEW YORK, March 27, 2024 /PRNewswire-PRWeb/ -- Conductiv , a fintech that helps community banks win back lost loans and deposits by digitally gathering data to improve underwriting, announced today that its CEO Gopal Swamy won the Independent Community Bankers of America®'s (ICBA) ThinkTECH Accelerator program 's All-Heart award, sponsored by Wipfli LLP.
  • "I am grateful to receive the All-Heart award as it recognizes our alignment with community banking values and dedication to creating an environment that promotes innovation," Conductiv CEO Gopal Swamy said.
  • Conductiv participated in the ICBA ThinkTECH 10-week accelerator and presented its refined offering to community bank executives during the ICBA ThinkTECH Showcase in Orlando.

ICBA ThinkTECH Showcase Brings the Future of Fintech to the Forefront

Retrieved on: 
Monday, March 25, 2024
Showcase, Automation, Forecasting, Environment, Cognitive computer, Fintech, Independent, ICBA, Empathy, AI, Small business, Fiserv, Accelerator, Monit

ORLANDO, Fla., March 25, 2024 /PRNewswire-PRWeb/ -- The Independent Community Bankers of America® (ICBA) hosted its ThinkTECH Accelerator showcase during ICBA's national convention, ICBA LIVE, March 14 -17. The event highlighted fintech solutions with a focus on small business, data analytics, and compliance, underscoring the crucial role of technology in advancing community bank innovation.

Key Points: 
  • ORLANDO, Fla., March 25, 2024 /PRNewswire-PRWeb/ -- The Independent Community Bankers of America® (ICBA) hosted its ThinkTECH Accelerator showcase during ICBA's national convention, ICBA LIVE, March 14 -17.
  • The event highlighted fintech solutions with a focus on small business, data analytics, and compliance, underscoring the crucial role of technology in advancing community bank innovation.
  • "The ThinkTECH Showcase is the culmination of 10 weeks of intense discovery and refinement, and it demonstrates ICBA's dedication to fostering stronger relationships between fintechs and community banks," ICBA Immediate Past Chairman Derek Williams said.
  • For more information on the ICBA ThinkTECH Accelerator program, including how interested fintechs can apply for consideration for future innovation programming, please visit icba.org/accelerator .

BCT-Bank of Charles Town Announces Alice Frazier Elected as Vice Chairman of ICBA

Retrieved on: 
Monday, March 18, 2024
Community, Federal Reserve Bank, Environment, Independent, ICBA, Education, Bank, Executive Committee, BCT, OTC, Fountain Trust, Policy, Virginia Association, Service network, Management

CHARLES TOWN, W.Va., March 18, 2024 /PRNewswire/ -- (OTC:PTBS) BCT-Bank of Charles Town, also known as The Community's Bank, is pleased to announce the Independent Community Bankers of America (ICBA) has elected Alice Frazier, BCT's President and CEO, as the ICBA Vice Chairman.

Key Points: 
  • CHARLES TOWN, W.Va., March 18, 2024 /PRNewswire/ -- (OTC:PTBS) BCT-Bank of Charles Town, also known as The Community's Bank, is pleased to announce the Independent Community Bankers of America (ICBA) has elected Alice Frazier, BCT's President and CEO, as the ICBA Vice Chairman.
  • "I'm deeply honored to champion the cause of our nation's community banks in my role as ICBA vice chairman," Frazier said.
  • "As relationship lenders with deep community ties, our success is intricately connected to the prosperity of those we serve.
  • She is a member of the ICBA Executive Committee and board of directors and is vice chairman of the Federal Delegate Board.

HuLoop Wins ICBA ThinkTECH Accelerator MVP Award, Bankers Choice Award

Retrieved on: 
Saturday, March 16, 2024
Automation, Participation, MVP, Bank, Cognitive computer, FLA, Independent, ICBA, AI, Fiserv, Accelerator, Most, AP6, Data management, Medical device

AUBURN, Calif., March 16, 2024 /PRNewswire/ -- HuLoop Automation (HuLoop), an emerging AI-based intelligent automation software leader, was recognized by the Independent Community Bankers of America (ICBA) during its ThinkTECH Showcase at ICBA LIVE in Orlando Fla. HuLoop, a participant in ICBA's award-winning ThinkTECH Accelerator program was named Most Valuable Participant (MVP) and also selected as this year's Banker's Choice recipient.

Key Points: 
  • AUBURN, Calif., March 16, 2024 /PRNewswire/ -- HuLoop Automation (HuLoop), an emerging AI-based intelligent automation software leader, was recognized by the Independent Community Bankers of America (ICBA) during its ThinkTECH Showcase at ICBA LIVE in Orlando Fla. HuLoop, a participant in ICBA's award-winning ThinkTECH Accelerator program was named Most Valuable Participant (MVP) and also selected as this year's Banker's Choice recipient.
  • The MVP award, sponsored by TrueNorth, recognizes the most-evolved fintech offering based on program engagement and alignment with community bank business priorities.
  • The Banker's Choice Award, sponsored by Fiserv, is selected by an audience vote during the ICBA ThinkTECH Showcase following seven-minute pitches from member of its latest cohort (AP6).
  • "HuLoop is grateful to receive both the MVP and Banker's Choice awards as recognition for the invaluable feedback we received through the ICBA ThinkTECH Accelerator program and its dedication to developing solutions that truly help community banks thrive," HuLoop President and CEO Todd Michaud said.

ICBA Adds Four Jack Henry Solutions to Preferred Service Provider Program

Retrieved on: 
Friday, March 15, 2024
ICBA, Digital, Independent, Backup, PSP, JKHY, Acquisition, Synergy, JHA, Commercial software, John Henry, RDN, Cryptocurrency

MONETT, Mo., March 15, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today the addition of Banno Business™, JHA SmartPay Remote Deposit Now (RDN), Synergy Document Management, and Centurion® Data Backup and Recovery™ to the Independent Community Bankers of America® (ICBA) Preferred Service Provider (PSP) program.

Key Points: 
  • The solutions added to the ICBA program enable community banks to:
    "ICBA is proud to continue our affiliation with Jack Henry, a leading industry provider that understands and supports community banks," said Kevin Tweddle, senior executive vice president of ICBA Innovation.
  • Jack Henry has been an ICBA Preferred Service Provider (PSP) for more than 15 years.
  • Many Jack Henry digital banking, payments, lending, commercial banking, information security and technology, and operations solutions are included in the PSP program.
  • The new additions to the ICBA Preferred Service program are available to all ICBA members.

Trust Stamp listed by the Federal Reserve for combating synthetic identity fraud

Retrieved on: 
Friday, February 16, 2024
Federal, Federal Reserve, Trust, ICBA, Cryptocurrency

Atlanta, Georgia, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, providing AI-powered trust and identity services to global customers in both the governmental and private sectors has been listed by the Federal Reserve as a Fraud Mitigation Service Provider in the context of synthetic identity fraud having participated in a call for participation in September 2022.

Key Points: 
  • Atlanta, Georgia, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, providing AI-powered trust and identity services to global customers in both the governmental and private sectors has been listed by the Federal Reserve as a Fraud Mitigation Service Provider in the context of synthetic identity fraud having participated in a call for participation in September 2022.
  • Andrew Gowasack, President of Trust Stamp commented: “We work with close to fifty US banks and are currently participating in the ICBA ThinkTECH Accelerator; therefore, synthetic identity fraud is of critical importance to our clients.
  • As we highlighted in a release earlier today addressing the potential for our technology to combat the threat that many third-party device-based biometric solutions face from Trojans, our AI-powered solutions are at the cutting edge of combating the ever-evolving cybercrime threat.”

ICBA ThinkTECH Accelerator Welcomes TrueNorth as Key Strategic Sponsor

Retrieved on: 
Thursday, February 15, 2024
Finance, Banking, Professional Services, Technology, Fintech, Growth, Friction, ICBA, Accelerator

As part of a multi-year agreement, TrueNorth will serve as a sponsor for ICBA’s ICBA ThinkTECH Accelerator program, underscoring TrueNorth's dedication to nurturing the growth and innovation of community banking through technological advancement.

Key Points: 
  • As part of a multi-year agreement, TrueNorth will serve as a sponsor for ICBA’s ICBA ThinkTECH Accelerator program, underscoring TrueNorth's dedication to nurturing the growth and innovation of community banking through technological advancement.
  • "TrueNorth is committed to the future of community banking, where technology and innovation play key roles in delivering superior service and efficiency," said Alex Gonikman, CEO of TrueNorth.
  • The nationally acclaimed ICBA ThinkTECH Accelerator promotes early-stage solutions designed specifically for community banks and the customers those banks serve.
  • “ICBA is proud to work with TrueNorth, a company that shares our vision for a vibrant and innovative community banking sector," ICBA Executive Vice President and Chief Innovation Officer Charles Potts said.

ICBA Opens Center for Innovation in Atlanta

Retrieved on: 
Thursday, February 15, 2024
Finance, Banking, Professional Services, Technology, Software, Innovation, Economic development, Consumer Financial Protection Bureau, Currency, Federal Deposit Insurance Corporation, Federal Reserve, Health, Fintech, Fiserv, Peachtree Street, Ecosystem, Accelerator, Cognitive computer, Independent, Consumer, Invest Atlanta, Comptroller, Environment, ICBA

The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

Key Points: 
  • The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.
  • “The ICBA Center for Innovation embodies our commitment to upholding our mission of creating and promoting an environment where community banks flourish,” ICBA President and CEO Rebeca Romero Rainey said.
  • “This space puts ICBA in the center of Atlanta’s financial services community, with our local partners within walking distance of our office.
  • For more information about ICBA ThinkTECH Innovation programming and upcoming opportunities at the ICBA Center for Innovation, visit icba.org/accelerator.