ICBA Bancard Names New Board Members

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Washington, D.C. (July 21, 2016)—ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America® (ICBA), today announced the election of two new members to its board of directors:

  • Samuel Vallandingham, president and CEO of First State Bank in Barboursville, W.Va., who also serves on ICBA’s Housing Policy Task Force and Lending Subcommittee, and formerly served on ICBA’s payments and technology committee; and
  • Matthew Ruge, executive director of the Missouri Independent Bankers Association, who served for nearly two decades as a loan officer at FMB Bank in Missouri.

“Sam and Matt are veteran community bankers and we are excited to welcome them to our board,” said Noah Wilcox, ICBA Bancard chairman and chairman and CEO of $231 million-asset Grand Rapids State Bank in Grand Rapids, Minn. “As the industry continues to evolve, their expertise and insights will be a tremendous asset as we develop comprehensive and innovative payment services for community banks and their customers.”

Also serving on the ICBA Bancard board of directors are Jack Hartings, president and CEO, The Peoples Bank Co., Coldwater, Ohio; Joseph Pierce, president and CEO, Farmers State Bank, Lagrange, Ind.; Jeff Dick, president, chairman and CEO, Mainstreet Bank, Fairfax, Va.; G. Scott McComb, president and CEO, Heartland Bank, Gahanna, Ohio; Camden R. Fine, ICBA president and CEO, Washington, D.C.; Chrystina Giorgio, ICBA Bancard president and CEO, Washington, D.C.; and Gary Teagno, ICBA Services Network president and CEO, Washington, D.C.

To learn more about ICBA and ICBA Bancard, visit www.icbabancard.org.

About ICBA Bancard
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard provides community banks with equitable access to cutting edge credit card options, debit card options, ATM and merchant processing solutions as well as exclusive services including the Fraud Loss Protection Plan, portfolio consultations and portfolio analytical tools.

About ICBA
The Independent Community Bankers of America®, the nation’s voice for more than 6,000 community banks of all sizes and charter types, 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.