FOR IMMEDIATE RELEASE
ICBA Announces Merger of California Independent Bankers with Community Bankers of California
Washington, D.C. (June 15, 2009)—The Independent Community Bankers of America (ICBA) today announced the merger of its affiliate, the California Independent Bankers (CIB), with the Community Bankers of California (CBC). The new alliance will provide a more vibrant and robust voice for community banks throughout California.
“The CBC has served the community banks of California for decades and has been an outstanding association. ICBA is excited that the CBC will join forces with the CIB and provide the community banks of California with an even stronger and more robust voice in such a vital state,” said Camden R. Fine, ICBA president and CEO. “The combined associations under CIB will strengthen advocacy efforts in California, while providing member banks with even stronger education and services to give them the resources they need to stay competitive in today's challenging environment.”
For the past 50 years, CBC has been an active part of the California community banking industry by providing networking and critical industry information. The same is true for CIB, which has been an active community banking advocate since the early 1980s.
CBC's community bank members will become members of CIB for a combined membership of nearly 200 community banks. The CBC and CIB boards will be combined to bring continuity and fresh perspectives to the new group as they continue to fight for community banking recognition.
Lynda Nahra, president and CEO of Community West Bank, will continue to serve as president of CIB, with David Haithcock continuing to serve as CIB's executive director.