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ICBA Announces Promotions

Washington, D.C. (April 26, 2004) - Independent Community Bankers of America (ICBA), the nation's voice for community banks, recently announced seven promotions in its Washington, D.C. and Sauk Centre, Minn. offices.

Karen Thomas has been promoted to Executive Vice President and Chief Operating Officer. In addition, as Director of the Regulatory Relations Group, she will continue to oversee ICBA's activities in the regulatory, lending and payment systems areas. Thomas has been with ICBA for 12 years.

ICBA's Senior Vice President Gary Teagno, in his 21st year at ICBA, was promoted to Executive Vice President overseeing all the association's products and services. In addition, Teagno is the President/CEO of ICBA Services Network, which houses the association's six service corporations.

Mark Raitor, a 24-year ICBA veteran, was named Executive Vice President and Corporate Secretary. Raitor also serves as Director of the Sauk Centre, Minn., office, home of ICBA's accounting, convention, education, information systems, and membership departments.

Paul McGuire was promoted to Senior Vice President, State Relations & Membership Strategy. With these expanded responsibilities, he will oversee ICBA' s relations with its affiliated state groups and maintain the association's focus on growing and retaining membership, as well as expand the successful regional calling officer program. McGuire joined ICBA in 1997.

Ron Ence has been named Vice President of Congressional Relations. In addition to his lobbying responsibilities, he is responsible for legislative strategy, political analysis and policy development. Ence has been with ICBA since 1990.

Butch DeVries, has been named Senior Vice President and CFO. DeVries has spent the last 17 years with ICBA, and directs the financial, accounting and budgeting functions of ICBA and its subsidiaries.

John Steffes has been named to the newly created role of Chief Technical Officer. Steffes assumes responsibility for the day-to-day information technology operations and dealings with ICBA's technology-related business partners. He has been with ICBA since 1979.

"The experience and talent of these outstanding professionals is unmatched in the association industry," said Camden R. Fine, president and CEO of ICBA. "Each of these executives is an integral part of ICBA's success in promoting the interests of community banks across the nation."