Washington, D.C. (Nov. 3, 2022) — The Independent Community Bankers of America (ICBA) today announced the hire of Kari Mitchum as vice president, payments policy. She will advocate ICBA’s community bank-focused payments and bank technology policy priorities before financial regulatory agencies, private-sector organizations, and Congress.
“Today’s payments landscape is both complex and expansive, requiring thoughtful consideration of the policy implications for community banks and the customers and communities they serve,” said ICBA Senior Executive Vice President, Chief of Government Relations and Public Policy Anne Balcer. “We’re pleased to welcome back Kari to the ICBA government relations team and look forward to leveraging her extensive payments background and expertise as we formulate our payments policies and work to advance a pro-community bank agenda in this critical and evolving area of our business.”
Mitchum has more than 25 years of financial service experience, including nearly 10 years at ICBA. Over the course of her career, she has also worked for a payments network, a national banking association, and a $160 billion-asset financial institution where she held senior roles in product strategy, and payments solutions.
Mitchum holds a Bachelor of Science in business administration from Mary Washington College in Fredericksburg, Va., and a Master of Business Technology from Marymount University in Arlington, Va.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.8 trillion in deposits, and more than $3.5 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.
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