Name Change Reflects Growth, Emphasis on Community Bank Payment Innovation
Washington, D.C. (Nov. 14, 2023)—ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America (ICBA), today unveiled its new brand—ICBA Payments. The name change reflects its expanded offerings beyond card services and a broader focus on the larger payments landscape. ICBA Payments’ subsidiary and credit card bank, TCM Bank, N. A., is also part of the rebranding—launching a new logo, which aligns with the bank’s continued investments and improvements in technology to support its agent banks.
“As we evolved from a card-focused company to embrace a wide spectrum of payments offerings, changing our name to reflect this expansive growth and differentiation allows us to step forward with our innovative vision,” ICBA Payments President and CEO Tina Giorgio said. “ICBA Payments is more than a name change; it's symbolic of our commitment to deliver outsized value for the benefit of community banks and the customers they serve.”
The ICBA Payments rebrand provides an opportunity to reinforce its commitment to helping community banks navigate and capitalize on payments developments as the industry evolves. ICBA Payments offers:
· Unparalleled insights and support through data-driven consultations to help community banks enrich their payments offerings and manage risk.
· Payments education and thought leadership to help community banks formulate and execute their payments strategies and maximize portfolio potential.
· Industry representation to expand the community bank sphere of influence in the development, enhancement, and implementation of payments products and services.
“ICBA has always recognized the importance of flexibility and choice when it comes to serving customers’ diverse payment needs,” Giorgio said. “ICBA Payments will continue to help power the potential of ICBA members through payments-related innovation and education to help community banks stand out and thrive in today’s multifaceted payments ecosystem.”
The ICBA Payments and TCM Bank rebrand follow ICBA’s rebrand earlier this month, which represents the continued differentiation, evolution, and strength of ICBA and community banking.
To view more information about ICBA Payments, visit icbapayments.com.
About ICBA Payments
ICBA Payments, a wholly owned subsidiary of the Independent Community Bankers of America® (ICBA), has been managing payments solutions for the nation's community banks since 1985. We help power the potential of ICBA members through payments-related innovation and education to help community banks navigate the payments ecosystem and select suitable offerings at favorable pricing—helping community banks compete and thrive. For more information, visit icbapayments.com.
About TCM Bank, N.A.
TCM Bank, N.A., a subsidiary of ICBA Payments, provides credit card services for community banks including portfolio acquisition and agent bank sponsorship. Through the Total Card Management® credit card program, TCM offers superior community bank service and provides banks with compliance relief, improved market positioning, speed-to-market technology, and marketing support—all with no risk and zero liability. TCM Bank is now partnered with more than 750 financial institutions across the U.S. and is proud to meet the credit card needs of more than 530,000 customers. For more information, visit tcmbank.com.
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit icba.org.