NJBankers, ICBA Securities form alliance

The New Jersey Bankers Association (NJBankers) has endorsed ICBA Securities Inc., which provides fixed-income investment products and services to community banks.

“We are thrilled for the opportunity to work alongside NJBankers to serve community banks in the Garden State,” Dennis P. Doyle, ICBA Securities chairman and president and CEO of Great Midwest Bank in Brookfield, Wisconsin, said. “ICBA Securities offers a diverse portfolio of investment products and has a strong track record of providing superior products and services, which will be put to good use for New Jersey’s community banks.”

ICBA serves as the nation’s voice for more than 5,700 community banks of all sizes and charter types, dedicated solely to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services.

“ICBA Securities understands community banks’ unique investment needs and is well-positioned to serve them,” John E. McWeeney Jr., president and CEO of the New Jersey Bankers Association, said. “We are proud to partner with ICBA Securities and look forward to helping community bankers across New Jersey maximize their investment potential through this relationship.”

NJBankers officials said the organization provides services and support in public and media relations, education and employee health insurance benefit programs. There are nearly 100 banking institutions headquartered or with branches in the state.