Timothy K. Zimmerman is immediate past chairman of the Independent Community Bankers of America® (ICBA), the only national advocacy organization that exclusively represents community banks.
CEO of Standard Bank in Monroeville, Pa., Zimmerman has been a community banker for more than 35 years. He serves on the ICBA Executive Committee, board of directors and Federal Delegate Board. He is the Executive Committee liaison for the ICBPAC Committee and the Mutual Bank Council, chairman of the Nominating Committee, and a member of the Policy Development Committee. He is also a director on the ICBA Consolidated Holdings Group and ICBA Services Network boards.
He previously served as chairman of the Mutual Bank Council and ICBA Securities board of directors and was vice chairman of the Policy Development Committee. In addition, he is a member of the Financial Accounting Standard Board’s Transition Resource Group for Current Expected Credit Losses (CECL).
Zimmerman served as secretary on the Executive Committee in 2013-15. He also was chairman of the Mutual Bank Council and served on the Consumer Financial Services and Bank Education committees. From September 2012 to September 2015, Zimmerman served on the Consumer Financial Protection Bureau’s Community Bank Advisory Council, serving as vice chairman and chairman during his term. He has also testified before the House Financial Services Subcommittee on Oversight and Investigations.
On the local level, Zimmerman has been a member of the Pennsylvania Association of Community Bankers for more than 20 years and regularly served on the board of directors. He is a board member and vice president of the Pittsburgh Civic Light Opera and chairman of its Audit and Budget and Finance committees. He also serves as coordinator for his bank’s Make-A-Wish Foundation annual campaign.
Zimmerman holds a Bachelor of Science degree from Indiana University of Pennsylvania and did graduate work at the University of Pittsburgh. He is a Certified Public Accountant in Pennsylvania and member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.
He lives in Franklin Park, Pa., with his wife, Linda.