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FOR IMMEDIATE RELEASE

ICBA Establishes Minority Bank Council

Washington, D.C. (April 27, 2010)—The Independent Community Bankers of America (ICBA) announced today the establishment of the ICBA Minority Bank Council, which will help shape ICBA advocacy and education solutions that benefit minority banks and the communities they serve. Rebeca Romero Rainey, board chair and CEO of Centinel Bank of Taos, Taos, N.M., will serve as chairman, and George Andrews, president of Capitol City Bank and Trust Co., Atlanta, Ga., will serve as vice chairman.

“The ICBA Minority Bank Council will help identify the unique challenges and issues affecting minority-owned member community banks so we can pursue solutions and raise awareness with key policymakers,” said Romero Rainey. “As the president and CEO of a minority-owned and -operated community bank, I am pleased to be a part of this effort.”

Minority banks typically operate in underserved communities and play a critical role in community economic development by supplying credit to local small businesses. Almost one half of all minority banks registered with the FDIC are ICBA members.

Members of the ICBA Minority Bank Council are:

  • Larry R. Chavis, president and CEO, Lumbee Guaranty Bank, Pembroke, N.C.
  • J. David Joves, president and CEO, Mission National Bank, San Francisco, Calif.
  • William T.C. Lu, president and CEO, Saigon National Bank, Westminster, Calif.
  • Lester L. Parker, president and CEO, United Bank of El Paso Del Norte, El Paso, Texas
  • Guillermo Diaz-Rousselot, president, COO and acting CEO, Continental National Bank of Miami, Fla.
  • Kim D. Saunders, president and CEO, Mechanics & Farmers Bank, Durham, N.C.
  • Evelyn Smalls, president and CEO, United Bank of Philadelphia, Penn.
  • Deloris Sims, chairwoman and CEO, Legacy Bank, Milwaukee, Wis.

“Along with identifying challenges that minority-owned community banks face, the ICBA Minority Bank Council will also focus on cultivating ongoing relationships with federal banking agencies, federal programs and others that play crucial roles in shaping and serving the minority bank marketplace to improve responsiveness to minority bank needs,” said Viveca Y. Ware, ICBA senior vice president of regulatory policy and co-secretary of the council.

For more information, visit www.icba.org.




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