Independent Community Bankers of AmericaIntraFi NetworkSM has been named a Preferred Service Provider by the Independent Community Bankers of America (ICBA) as recognition for how the company helps community banks to better serve their most valued customers. ICBA aggregates the power of its members to provide a voice for community-banking interests in Washington and resources to enhance community bank education, marketability, and profitability options that help them compete in an ever-changing marketplace.
The Bank of New York MellonBNY Mellon provides issuance, custody, settlement, and record keeping services for the IntraFi Network.
BNY Mellon, a global financial services company focused on helping clients manage and service their financial assets, operates in 35 countries and serves more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations, and high-net-worth individuals, offering superior investment management and investment services through a worldwide, client-focused team. As of March 2020, it had $35.2 trillion in assets under custody and administration and $1.8 trillion in assets under management. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).
IntraFi Network formed an alliance with the Community Development Bankers Association (CDBA) to enable socially responsible investors and banks seeking community reinvestment credit to invest safely in America’s underserved and most impoverished communities simply by making deposits through Community Development Banks. CDBA is the national membership trade association of the community development banking industry and all members are certified by the U.S. Department of the Treasury as Community Development Financial Institutions.
Fiserv is a leading global provider of financial services technology solutions. The IntraFi Network Deposits DDA and MMDA options are integrated with the Signature®, Premier®, Precision®, Cleartouch®, and DNA® bank platforms from Fiserv, Inc. For banks that employ one of these platforms and ICS, this integration saves time, simplifies the data and order entry processes, reduces the likelihood of data entry error, and enhances reporting capabilities.
FIS is the world’s largest global provider of banking and payments technology. The IntraFiSM Network DepositsSM DDA and MMDA options are integrated with a number of the FIS deposit platforms through the FIS Cash Manager module.
“Integrating the ICS service with the FIS Cash Manager system automates many of the features and functionalities banks look for in a core-processing solution.”