Orlando, Fla. (March 9, 2020) — ICBA Bancard®, the payments subsidiary of the Independent Community Bankers of America® (ICBA), is celebrating its 35th anniversary during the 2020 ICBA LIVE® national convention in Orlando, March 8-12.
“For 35 years ICBA Bancard has been providing community banks like mine with comprehensive, affordable payments solutions to help us stay in step with industry developments and attuned to the evolving payment needs of our customers,” said ICBA Bancard Chairman Gregory Deckard, who also serves as president, CEO and chairman of State Bank Northwest in Spokane Valley, Wash. “I applaud ICBA Bancard on reaching this important milestone and look forward to their continued leadership in this space as we work to chart our payment strategy for the new decade.”
Founded in 1985 to ensure a level playing field between local and national credit card issuers, ICBA Bancard provides world-class debit, credit and merchant payment services and support for optimized portfolio performance. In addition, ICBA Bancard serves as an advocate for community banks in national policy discussions about the payments ecosystem. ICBA Bancard has been endorsed by 39 state associations and affiliates. It is the 8th largest debit card issuer and the 24th largest credit card issuer in the United States.
“ICBA celebrates the success of ICBA Bancard, as this anniversary is a true testament to its knowledgeable staff and volunteer leadership bankers who are committed to providing a robust payments platform that offers flexibility and choice, while adhering to the high service standards for which community banks are known,” ICBA President and CEO Rebeca Romero Rainey said.
“We are thankful for the opportunity to serve our community bank clients and are excited to continue to support their innovation journey,” ICBA Bancard President and CEO Tina Giorgio said. “We take great pride in our mission to help community banks flourish and will continue to seek out products and services that create the best payments experiences for their customers.”
For more information about ICBA Bancard, visit www.icba.org/bancard.
About ICBA Bancard
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $31.6 billion in sales volume in 2019 and are ranked collectively as the 24th largest credit card portfolio in the United States. ICBA Bancard enables thousands of community banks to provide competitive credit card, debit card, ATM and merchant processing solutions. The company also provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support, and product education. For more information, visit www.icbabancard.org.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.