The Independent Bankers of Colorado (IBC) is Colorado’s exclusive voice for Colorado’s community banks. With more than 50 member banks, IBC represents banks of all of sizes, charter types and is dedicated to solely representing the interests of the community banking industry and the communities and customers they serve. Members of IBC include a FDIC insured state or national bank, savings and loan association, savings bank, or trust company dedicated to the preservation of an independent banking system, as the IBC Board of Directors approves for active voting membership.
In addition, associate membership is available to companies and sole proprietors that provide products and services to the financial services industry.
Annual fee for associate membership is $750 per calendar year and $375 for sole proprietors. If your membership is effective after January your membership dues are pro-rated. All applications are presented to the IBC Board of Directors for approval. Click here to download the application.
Annual fee for banks is $75 per million based on the bank’s total assets as of the March call report, with a minimum of $1,500 and maximum of $11,440.40 in dues. Banks with a billion and more in assets, dues are $20,808 per year. Multi-bank holding companies pay for the main bank using the regular dues assessment and may add each additional bank(s) in the holding company or affiliated bank for $3,641.40 each. All members are approved by the IBC Board of Directors. Click here to download the active bank membership application.
If you have questions about joining the IBC contact either Mike Van Norstrand or Maelynn Lewis.