ICBND

What ICBND does

ICBND (Independent Community Banks of North Dakota) is a Bismarck-based nonprofit trade association founded in 1989 that exclusively represents and advocates for independent community banks operating in North Dakota. Its core offering is structured around three membership tiers: bank membership for community banks, associate membership for vendors and suppliers ($750/year), and an endorsed member program that curates vetted service providers (ICB Services, ICBA Payments, ICBA Securities, Community Bankers Financial Services, Travelers, and others). The organization generates revenue through a diversified mix of membership dues, newsletter advertising (Community Banker Newsletter distributed to 800+ email addresses), tiered event sponsorship packages (Platinum through Bronze), training program fees ($250–$1,200 per person per session), facility rental, and two affiliated operating subsidiaries — ICB Services, Inc. (Visa agent bank credit card program and Mobile ATM Services for the Great Plains/Western regions) and ICB Marketing Solutions (banking/office supplies and shipping discounts of 20–30%+).

The organization operates a member portal (Member Compass) on Novi AMS association management software, delivering services through direct membership engagement, an annual convention (2026 scheduled for September 21–23 in Medora, ND), regional meetings, a Leadership Exchange program, certification programs (Universal Banker, Essentials of Banking, Intermediate Credit Training, Resilient Banking Leader), and a partnership with the Community Bankers Webinar Network providing 200+ live and on-demand training webinars. ICBND maintains a formal affiliation with the Independent Community Bankers of America (ICBA), including a 10% revenue share on eligible ICBA training purchases and collaborative education programming through ICBA Education.

ICBND's go-to-market is sales-led and relationship-driven, with membership acquired through direct outreach, website engagement, and event-based recruitment. The association provides advocacy before state, federal, legislative, and regulatory bodies on behalf of its members, with a stated mission of enabling independent community banks to profitably and competitively serve North Dakota communities. Leadership transitioned in mid-2024 with Barry D. Haugen retiring after nearly 10 years and Alexis Baxley assuming the presidency effective July 1, 2024. The organization has 11–50 employees, operates from a single Bismarck headquarters, and serves a structurally bounded market limited to North Dakota.

Name

ICBND

Legal name

Independent Community Banks of North Dakota

Website

https://icbnd.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

ICBND is a Bismarck-based nonprofit trade association, founded in 1989, that exclusively represents and advocates for independent community banks in North Dakota, providing membership services, education, training, and a curated endorsed-vendor ecosystem.

Ownership category

akta.pro rank

Headquarters

HQ city

Bismarck

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: Annual membership dues from bank members (community banks in North Dakota) and associate members (vendors/suppliers). Associate membership is $750 per year.
2. Newsletter Advertising: Advertising space sold in the Community Banker Newsletter, sent electronically to over 800 email addresses. Pricing varies by size (full page, half page, quarter page) and number of issues (1, 3, or 6 issues).
3. Event Sponsorship Packages: Platinum, Gold, Silver, and Bronze sponsorship tiers for educational events and annual conventions. Also includes table top exhibit space and event registrations.
4. Annual Convention Sponsorship: Sponsorship opportunities at the Annual Convention and Exposition, with various tiers and benefits.
5. Facility Rental: Conference room rental at the ICBND office facility in Bismarck, ND.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

ICBND is a nonprofit state trade association that exclusively represents independent community banks in North Dakota, providing them with collective advocacy before legislative and regulatory bodies, professional education and certification programs, peer networking through conventions and regional meetings, and access to endorsed service providers offering discounted products. Membership tiers include Bank Membership for community banks, Associate Membership for vendors, and an Endorsed Members Program for vetted service providers, with affiliated enterprises delivering credit card programs and discounted purchasing services.

Product overview

ICBND is a trade association representing independent community banks in North Dakota. Its product portfolio includes membership programs (Bank, Associate, and Endorsed Members), financial services offered through affiliated enterprises (ICB Services credit card program, ICB Marketing Solutions for supplies and shipping discounts), educational events and professional development training, newsletter advertising, convention/event sponsorship packages, and a member portal (Member Compass). The organization does not offer a unified software platform but rather a collection of membership-based services, advocacy programs, and training events.

Differentiator

Problem solved

Functional benefit

Products and services

• Bank Membership Annual membership for independent community banks in North Dakota providing advocacy before legislative and regulatory bodies, legislative updates, regulatory dispatch, member directory access, training discounts, and access to endorsed service providers.
• Associate Membership Annual membership at $750 per year for vendors and suppliers that want to market products and services to ICBND bank members, including directory listings, newsletter advertising discounts, educational event rates, and convention exhibition opportunities.
• Endorsed Members Program Program endorsing specific service providers for community banks, including ICB Services, ICBA CRA Solutions, ICBA Payments, ICBA Securities, ICB Marketing Solutions, Community Bankers Financial Services, and Travelers insurance.
• ICB Services Credit Card Program Full-service agent bank credit card program offering Visa Consumer and Business credit products for banks in the Great Plains and Western regions, providing training, compliance assistance, and web-based customer service and reporting tools, delivered through ICB Services, Inc.
• Mobile ATM Services Mobile ATM services provided through ICB Services, Inc. for member banks requiring portable ATM solutions.
• ICB Marketing Solutions Affiliated purchasing program offering banking supplies, office supplies, promotional items, UPS/Unishippers shipping (18-30% discounts), Staples office supply benefits, and National Purchasing Partners benefits including Verizon Wireless, ADP, and HP/Microsoft discounts.
• Education Events and Training Programs Professional development programs for community bankers covering Ag Lending, Barret School of Banking, Compliance, Leadership Exchange, Essentials of Banking, FDIC Directors' College, Universal Banker certification, Women's Summit, Intermediate Credit Training, and Resilient Banking Leader, with per-session and full-series bundle pricing.
• Community Banker Newsletter Advertising Advertising space in the Community Banker newsletter available in full page, half page, quarter page, and back cover sizes for 1, 3, or 6 issues, with member and non-member rate cards ranging from $220 to $3,000.
• Annual Convention and Event Sponsorship Packages Sponsorship opportunities for ICBND's Annual Convention and education events, including Platinum, Gold, Silver, and Bronze tier sponsorships with benefits such as exhibit space, event registrations, marketing materials, and attendee lists.
• Facility Rental Conference room rental at ICBND's office location at 1136 West Divide Avenue in Bismarck, ND, available to member banks and organizations.

Quantifiable outcome

• Newsletter reaches 800+ banker email addresses

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• ICBA (Independent Community Bankers of America)coreStrategic or Co-development PartnerNational trade association for community banks. ICBND is affiliated with ICBA and collaborates on education, advocacy, and member services. ICBA provides certification programs, webinars, and resources through ICBA Education. ICBND receives 10% contribution on eligible ICBA training purchases.
• ICB Services, Inc.coreStrategic or Co-development PartnerAffiliate of ICBND providing credit card program services to community banks in the Great Plains and Western regions. Formed in August 1989 by independent community bankers. Operates through ICBA Bancard.
• ICB Marketing SolutionscoreStrategic or Co-development PartnerAffiliated enterprise of ICBND offering banking supplies at 20-30% discounts, office supplies through Staples partnership, UPS/Unishippers shipping discounts (18-30%), and National Purchasing Partners program.
• Community Bankers Webinar NetworkminorStrategic or Co-development PartnerPartnership providing over 200 live and on-demand webinars for community bank training. Offers relevant, reliable, cost-effective bank webinar training.
• SHAZAMminorGTM or Marketing PartnerEvent sponsor for Leadership Exchange Winter Session. SHAZAM is a payments network providing education on fraud trends and payments topics.
• ICBA CRA SolutionsminorStrategic or Co-development PartnerEndorsed member providing CRA solutions for community banks including education, training, support services, and CRA qualified loans/investments.
• ICBA PaymentsminorStrategic or Co-development PartnerEndorsed member and ICBA subsidiary providing payments solutions, innovation, education, and advocacy. Includes TCM Bank credit card services.
• ICBA SecuritiesminorStrategic or Co-development PartnerEndorsed member providing fixed income products and services for community banks to manage balance sheets. Endorsed by 34 state banking associations.
• Community Bankers Financial Services (CBFS)minorStrategic or Co-development PartnerEndorsed insurance agency formed in 1997, focused on providing community banks with insurance coverage and pricing. Serves MN, ND, SD, IA, WI, and IL.
• TravelersminorStrategic or Co-development PartnerEndorsed insurance provider with Superior A++ rating by A.M. Best. National preferred provider to ICBA. Provides complete insurance solutions for financial institutions through local independent agents.
• Olson & Burns P.C.minorStrategic or Co-development PartnerLaw firm preparing the Community Banker newsletter legal supplement (Olson & Burns Advisor) providing information on legal developments affecting community banking.
• Performance Solutions, Inc. / Drexler ConsultingminorImplementation/ SI/ Consulting PartnerPartner providing Supervisory and Performance Management Workshop for bank managers and supervisors.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Others

• BAI (Bank Administration Institute): BAI is a nonpartisan organization providing research, training, and benchmarking for the banking industry. It is an adjacent/ecosystem peer competing for community bank training and education spend, complementing ICBND's education portfolio rather than directly substituting for advocacy.
• Community Bankers Financial Services (CBFS): CBFS is an endorsed insurance agency (formed 1997) serving community banks in MN, ND, SD, IA, WI, and IL. It is a partner/endorsed member of ICBND and a comparable adjacent player providing financial-services distribution to community banks in ICBND's footprint.

Broad incumbents

• American Bankers Association (ABA): ABA is the largest U.S. banking trade association representing banks of all sizes. It competes with ICBA/ICBND for member mind-share, compliance training, and advocacy engagement, particularly among community banks that may hold dual memberships.
• Independent Community Bankers of America (ICBA): ICBA is the national trade association for community banks and is the explicit strategic parent/affiliate of ICBND. ICBA provides national-level advocacy, ICBA Education certifications, endorsed services (Securities, Payments, CRA Solutions), and the Webinar Network — all of which ICBND distributes to North Dakota members.

Direct peers

• Community Bankers Association of Illinois (CBAI): CBAI is the Illinois state-level ICBA affiliate for community banks. Direct peer in state-level advocacy, education programming, convention sponsorship, and endorsed member services — a structural mirror to ICBND at larger scale.
• Independent Community Bankers of Minnesota (ICBM): ICBM is the Minnesota state-level affiliate of ICBA representing independent community banks. It is a direct structural peer to ICBND, with the same advocacy, education, and member-services model, and shares ICBA national resources.
• Independent Community Bankers of Wisconsin (ICBW): ICBW is the Wisconsin state-level ICBA affiliate representing independent community banks. Closely comparable in mission, structure, and revenue model (dues, events, education) to ICBND, differing primarily by state geography.
• Independent Community Bankers of Colorado (ICBC): ICBC is the Colorado state-level ICBA affiliate for independent community banks. Comparable to ICBND in offering state advocacy, education, conventions, and endorsed vendor programs; a like-for-like state association peer.

Regional players

• Montana Independent Bankers (MIB): MIB is the Montana state-level ICBA affiliate for community banks. Adjacent-state peer with a similar advocacy + education model serving a similar rural/regional member base.
• South Dakota Bankers Association (SDBA): SDBA represents banks in neighboring South Dakota. It is a state banking association operating in an adjacent geography with a comparable advocacy and education mandate, making it a regional peer for member banks that may operate across the Dakotas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ICBNorthDakota
• Facebookfacebook.com/ICBND
• LinkedInlinkedin.com/company/independent-community-banks-of-north-dakota

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICBND