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Capitol Hill Veteran Joins ICBA

Washington, D.C. (April 26, 2004) - Independent Community Bankers of America (ICBA) recently welcomed back Stephen J. Verdier as its new Senior Vice President and Director of the Congressional Relations Group. Verdier, who has nearly 30 years of legislative experience in Washington, worked previously for ICBA from 1983 until June of 1994 as Senior Legislative Counsel.

Before rejoining ICBA, Verdier was with the thrift association, America's Community Bankers (formerly Savings and Community Bankers of America). "It's exciting to be back with ICBA," Verdier said. "Community banks are facing more hurdles than ever before, particularly the weight of regulatory burden, and I'm looking forward to working with Congress to address these issues."

Verdier received his college degree in political science from American University and graduated from Catholic University Law School, both in Washington, D.C. While in college, he worked on Capitol Hill and was a law clerk with the Antitrust Division of the Department of Justice during law school.

From 1976 to 1983, Verdier served on the House Banking Committee staff and helped draft major banking legislation enacted in 1978, 1980 and 1982. He also worked on legislation dealing with the World Bank, the International Monetary Fund (IMF), and the Export-Import Bank.

"We couldn't be happier to welcome Steve back to ICBA," said Camden R. Fine, president and CEO of ICBA. "Steve brings a wealth of knowledge with him, both of the banking industry, and of ICBA's history. He is a fantastic resource in communicating the issues that are vital to the future of the nation's community banks."