Washington, D.C. (March 24, 2025)—The Independent Community Bankers of America (ICBA) today announced the 20th anniversary of its strategic relationship with IntraFi. An ICBA Preferred Service Provider since 2005, IntraFi offers innovative deposit placement solutions that help community banks grow and compete in an evolving financial landscape.

“For 20 years, IntraFi has been a valued ally in supporting community banks with solutions that enhance their ability to serve their customers and communities,” ICBA Senior Vice President of the Strategic Solutions Group Adam Mahone said. “Through services like ICS, CDARS, and IntraFi Sweep, community banks can strengthen their deposit funding strategies and gain access to millions in aggregate FDIC insurance across network banks. We are honored to celebrate this milestone and look forward to continued collaboration.”

IntraFi’s suite of services allows community banks to offer customers with large deposits access to FDIC insurance coverage across network banks, while simplifying liquidity management and reducing collateralization burdens. These solutions help banks maintain strong deposit relationships, fund more loans, manage liquidity, and generate fee income. Ninety-five percent of banks in IntraFi’s network are community banks.

“Our alliance with ICBA underscores our shared commitment to the strength and resilience of community banks,” said Mark Jacobsen, CEO and cofounder of IntraFi. “For two decades, we have worked together to ensure that community banks have the tools and resources they need to thrive. We are excited to continue building on this legacy of success.”

For more information about the IntraFi program, visit www.icba.org/psp.

Deposit placement through ICS is subject to the terms, conditions, and disclosures in applicable agreements. IntraFi is not an FDIC-insured bank, and deposit insurance covers the failure of an insured bank. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. IntraFi is a registered trademark of IntraFi, LLC.

About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

‍About IntraFi

Since its founding over 20 years ago, IntraFi® has been chosen by over 3,000 financial institutions. IntraFi’s deposit network is the largest of its kind, and its tested, trusted services help its network members acquire high-value relationships, fund more loans, and seamlessly manage liquidity needs. IntraFi invented reciprocal deposits and is the #1 provider of deposit placement solutions, offering the largest per-depositor, per-bank capacity. To learn more, visit www.intrafi.com.