Washington, D.C. – October 17, 2011 – (RealEstateRama) — Tim Zimmerman, president and CEO of Standard Bank, Monroeville, Pa., urged Congress today on behalf of the Independent Community Bankers of America (ICBA) to preserve the significant role of the Federal Home Loan Bank (FHLBank) system, which helps our nation’s more than 7,000 community banks continue to serve their communities by providing their local customers with a variety of loans including mortgage, small business and agricultural loans. Many of these local customers would be underserved if it were not for their local community bank.
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