Seated from left: John Buhrmaster and Camden Fine. Standing from left: Jeff Gerhart, Cynthia Blankenship, Tim Zimmerman, Rebeca Romero Rainey, Bill Loving, Jack Hartings, Preston Kennedy and Salvatore Marranca.
ICBA’s 2014–15 officers and executive committee members are tapped to serve the nation’s community banks
During ICBA’s Community Banking LIVE national convention last month, ICBA formally inducted a new slate of community bankers to serve a year as volunteer officers and executive committee members for 2014–15. Led this year by Chairman John H. Buhrmaster of New York, the committee will work as a team, using its decades of collective national and state leadership experience to help guide the nation’s largest banking association and the only national association that exclusively serves community banks.
John H. Buhrmaster
1st National Bank of Scotia, Scotia, N.Y.
Jack A. Hartings
The Peoples Bank Co., Coldwater, Ohio
Rebeca Romero Rainey
Centinel Bank of Taos, Taos, N.M.
Timothy K. Zimmerman
Standard Bank, Monroeville, Pa.
Preston L. Kennedy
Bank of Zachary, Zachary, La.
Camden R. Fine
Immediate Past Chairman
William A. Loving
Pendleton Community Bank,
Jeffrey L. Gerhart
Bank of Newman Grove,
Newman Grove, Neb.
Cattaraugus County Bank,
Little Valley, N.Y.
Consolidated Holding Chairman
Cynthia L. Blankenship
Bank of the West, Grapevine, Texas
John H. Buhrmaster
After graduating from college with a management information systems degree, John Buhrmaster didn’t intend to follow in his father’s and grandfather’s footsteps as a community banker. But before starting a job he obtained after college with a computer services company, he spent a summer working at his family’s community bank in upstate New York.
“That’s when I realized banking wasn’t what I thought it was,” he recalls. “It wasn’t a bunch of ledgers in the back room. It was people. Good people, people who cared.”
Today, as a fourth-generation member of his family to serve as president of 1st National Bank of Scotia in Scotia, N.Y., Buhrmaster has more than 27 years of experience in the financial services industry, including many years of service to ICBA. “A community bank is the anchor of the community,” he says. “It’s where people come to when they’re facing life’s biggest decisions—when they want to talk to someone who understands what they’re going through, when they need someone who can help them meet their dreams and solve their problems.”
“A community bank is the anchor of the community.”
As ICBA chairman, he leads the association’s Executive Committee as well as its board of directors. He is also a director of the ICBA Services Network and a member of the Policy Development Committee. He has been past chairman of the association’s Federal Delegate Board, as well as the Payments and Technology and Marketing and Membership committees. He is also past chairman of ICBA Bancard and past director of TCM Bank in Tampa, Fla.
On the state and local level, Buhrmaster is the secretary and treasurer for the Independent Bankers Association of New York state. He is also a member of the Government Relations Committee and past vice chairman and member of the Education Committee. He also serves on the board of education for the Niskayuna Central School District and is an active member of the Scotia Rotary Club.
He is a New York State high school track official and an assistant scoutmaster of Alplaus Boy Scout Troop 3036. Over the years, he has served on various capital region municipal advisory committees on economic development and other local issues.
Buhrmaster received a Bachelor of Science in management information systems and marketing from Syracuse University. He lives in Scotia with his wife, Leslie, and their three children.
Jack A. Hartings
While not serving ICBA or leading his community bank, Jack Hartings teaches the principles of banking as an instructor for the American Institute of Banking at Wright State University in Dayton, Ohio. “Teaching challenges your expertise and your self-confidence,” he says. “It shows me other perspectives and makes me more organized and prepared.”
As president and CEO of The Peoples Bank Co. in Coldwater, Ohio, Hartings has served ICBA and the community banking industry for many years, including as a member of the ICBA Executive Committee and board of directors, and as chairman of the Federal Delegate Board. Previously, he served as an ICBA state director, chairman of ICBA’s Policy Development Committee and member of its Government Relations, Regulatory Review, and Strategic Planning committees. He also served as ICBA’s treasurer from 2010-12.
Hartings serves as a member of the Consumer Financial Protection Bureau’s Community Bank Advisory Council. Previously, he was a member of the Federal Reserve’s Small Bank Advisory Board; a board member of the Ohio Banking Commission; and an executive director, chairman and board member of the Community Bankers Association of Ohio. He recently served on the Community Bankers Association of Ohio’s Legislative and Regulatory Committee. He has testified on community banking issues before the U.S. Senate Banking Committee, the U.S. House of Representatives Financial Services Committee, and the Ohio Senate Ways and Means Committee.
“Teaching challenges your expertise and your self-confidence.”
Closer to home, Hartings serves as treasurer for the Grand Lake/Mercer County Development Corp. and is a board member of the Business Enterprise Center Lake Campus. He has served as treasurer and president of the Grand Lake chapter of the National Management Association, and trustee and president of the Coldwater Chamber of Commerce. He has also served as president of the Coldwater Kiwanis Club, trustee and president of the Community Improvement Corp. of Mercer County, and treasurer of the Coldwater Sesquicentennial Committee and Community Picnic Association.
Hartings received a bachelor’s degree from the Capital University in Columbus. He lives in Coldwater with his wife, JoAnn.
Rebeca Romero Rainey
Rebeca Romero Rainey sees picturesque Taos, N.M., from the unusual perspective of the triathlete that she is. “I certainly wasn’t athletic growing up here,” the third-generation banker offers, “so it’s a fun, personal challenge—like running a community bank these days.”
In both situations, she adds, “Hard work can lead you to being strong and stable. It’s ongoing preparation and always raising the bar to the next standard.”
The chairman and CEO of Centinel Bank in Taos, Romero Rainey has served ICBA and the community banking industry for many years. She is a member of the association’s Executive Committee and board of directors, and is also vice chairman of the Federal Delegate Board. She serves on ICBA’s Bank Education Committee and on the Federal Reserve Community Depository Institutions Advisory Council. She was past chairman of the Minority Bank Council, vice chairman of the Lending Committee and has served on the FDIC Advisory Committee on Community Banking. In December 2009, she met with President Obama to discuss lending practices and regulatory reform.
“Hard work can lead you to being strong and stable. It’s ongoing preparation and always raising the bar to the next standard.”
In New Mexico, Romero Rainey is past president and current board member of the Independent Bankers Association of New Mexico, and is actively involved in several local nonprofits. She is president and co-founder of the Bridges Project for Education, a nonprofit focused on helping first-generation college students. She is also on the board and is past president of the Northern New Mexico Birth Center. In 2009, she was selected Taos Citizen of the Year and has been awarded the New Mexico Governor’s Award for outstanding women.
Rainey is a graduate of Wellesley College and the Pacific Coast School of Banking. Upon graduating from Wellesley, she returned to Taos with the dream of continuing her family business of running the town’s only local community bank. She lives in Taos with her husband, John, and their two daughters.
Camden R. Fine
President and CEO
Ten years ago, during his first address before community bankers as ICBA’s president and CEO, Camden Fine, a former career community banker, promised that the association would be “militantly active and aggressive in the years ahead” to promote and protect the interests of the nation’s community banks. Since then, Fine has worked harder than any association leader in Washington, D.C., to ensure that ICBA has followed through with his original pledge.
Under his executive staff leadership, ICBA has had a string of legislative and regulatory successes. In 2007, the association was the prime force in stopping Wal-Mart Stores Inc.’s attempts to charter a commercial bank. More recently, Fine’s advocacy efforts have been successful in the enactment of many core ICBA policy positions. These achievements include permanently raising deposit-insurance levels to $250,000; broadening the deposit-insurance assessment base, which has saved community banks billions of dollars annually in FDIC assessments; enacting meaningful new restraints on too-big-to-fail institutions; and carving out community banks from most of the Basel III capital rules, in addition to numerous other new fees and regulations in consumer-protection legislation.
Last month Fine, a former career community banker, once again renewed his original promise to community bankers during ICBA’s national convention. “We will keep waging battle after battle because that’s what we’re here to do,” he said. “And I know that you’ll keep fighting the good fight right alongside us in the years to come—because we are here to win!”
Before arriving at ICBA, Fine, a native Missourian, chartered and organized Midwest Independent Bank of Jefferson City, Mo., and served as its president and CEO for nearly 20 years. In addition, he owned Mainstreet Bank of Ashland, Mo., a $50 million-asset community bank.
Fine has been a passionate advocate for community bank issues for more than 20 years and has been featured and has had opinion pieces published in major various national newspapers, including The Wall Street Journal, The Washington Post, The New York Times, Politico and The Hill newspaper. He has made numerous appearances as a guest host on CNBC’s “Squawk Box” and has been featured on CNN, MSNBC, Fox Business News, Bloomberg Television, PBS and NPR. He has been recognized by The Hill newspaper and CEO Update as one of Washington, D.C.’s most effective and influential trade association CEOs and lobbyists for five consecutive years, and was recently named one of the 100 lobbyists to watch in Washington.
A major reason Tim Zimmerman volunteered to serve on ICBA’s Executive Committee is to assist the association in completing its major progress on achieving vital regulatory burden relief. Finishing work in Washington to end the harmful competitive advantages of too-big-to-fail institutions is another equally important and related issue, he adds.
“I think community banking is at a critical time.”
As chairman of the Consumer Financial Protection Bureau’s Community Bank Advisory Council, Zimmerman has played an important role in educating the bureau’s officials on excessive regulatory burdens affecting community banks. “I think community banking is at a critical time,” to deflect or ratchet back the huge regulatory burdens reaction directed at the largest banks from the Wall Street financial crisis, he says.
Having more than 30 years of experience in the financial services industry, Zimmerman has served as president and CEO of Standard Bank in Monroeville, Pa., since 1992. He previously served at Landmark Savings Association in Pittsburgh (and its predecessors) from 1977 to 1992, including tenure there as senior vice president and chief financial officer.
Zimmerman has served the industry in various leadership positions with ICBA and state community banking organizations. He serves on ICBA’s board of directors, the association’s Federal Home Loan Bank Task Force and its Policy Development Committee. He is also a director for ICBA Securities, a former chairman of the ICBA Federal Home Loan Bank Task Force and a member of the National Association of Home Builders Mortgage Roundtable.
At the state and local level, Zimmerman is an active member of the board of directors of the Pennsylvania Association of Community Bankers, and is very active in the community and nonprofit organizations in the Greater Pittsburgh area, including the Pittsburgh Civic Light Opera and Make-A-Wish Foundation of Greater Pennsylvania and Southern West Virginia.
Zimmerman earned a Bachelor of Science degree in business management and graduated magna cum laude from Indiana University of Pennsylvania. He has done postgraduate work at the University of Pittsburgh. He is also a Certified Public Accountant and previously worked in public accounting at KPMG Peat Marwick.
He lives in Franklin Park, Pa., with his wife Linda. They have two adult daughters.
Preston L. Kennedy
Preston L. Kennedy, the president and CEO of Bank of Zachary in Zachary, La., greatly appreciates the hard work required and that must be overcome for all small-business owners to succeed. “They have to have a good idea. They have to have a good product,” he says. “Then all the regulatory requirements they have to wade through—it takes quite an effort to be successful as a small business.”
Serving for about seven years as a board member for regional business incubator Dixie Business Center, Kennedy has played a role in providing sometimes crucial support for numerous blue-collar and white-collar business startups. “We’ve had successes, and we’ve had failures,” he says of the center’s business incubator efforts.
Kennedy says that experience has only made him a better community banker, both in serving small businesses and in leading the Bank of Zachary. “We’re a small business,” he adds. “We have the same sort of challenges that our small-business customers have, particularly with the regulations.”
Kennedy has served in many ICBA leadership roles over the years. In 2011-12, he served as at-large director on ICBA’s Executive Committee. In 2013-14, he served as an at-large member of the association’s board of directors and as a Federal Delegate Board member. In 2008, he was elected state director for ICBA, and he was re-elected for a second three-year term in 2011.
“It takes quite an effort to be successful as a small business.”
Additionally, Kennedy serves as chairman of ICBA’s Federal Home Loan Bank Task Force. He served as an appointed director from 1997-99 and was a member of the ICBA’s Federal Legislation, Regulation Review and Lending committees. In 2010, he was elected to the ICBA Securities Corp. board of directors.
Closer to home in Louisiana, Kennedy has served as president of the Feliciana Chamber of Commerce and the Zachary Chamber of Commerce. He is a past president and active member of the Rotary Club of Zachary, and is a board member for small business incubator Dixie Business Center.
He attended Silliman Institute, holds a Bachelor of Science from Louisiana State University School of Business and is a graduate of the Graduate School of Banking of the South. A frequent traveler and history buff, he lives in Zachary with his wife, Charel. They have six children and six grandchildren.
William A. Loving
Immediate Past Chairman
After traveling the country meeting and talking with community bankers as ICBA chairman, Bill Loving says he is more convinced than ever about the superiority of the community banking business model. He also says he’s more convinced than ever about the necessity of all community bankers participating in ICBA’s ongoing advocacy efforts in Washington to ensure a bright future for that business model.
“Ladies and gentlemen, there is no better model than ours, and, like all precious items, it’s worth fighting for and being engaged in,” Loving told community bankers during ICBA’s national convention last month. “We can choose to be engaged or we can sit on the sideline and let someone else chart our course. Personally, I’d rather be part of the process. It’s like voting. If you don’t vote, don’t complain about the outcome.”
During his ICBA chairmanship last year, the association achieved constructive measures to help protect community banks from harmful Basel III capital standards, consumer-protection reforms on mortgage lending and Volcker Rule provisions. On Capitol Hill, ICBA also pushed for regulatory relief through the association’s Plan for Prosperity platform, stricter oversight of too-big-to-fail firms, taxation of credit unions and the Farm Credit System, and a safer payments system following wide-scale security breaches at several major retailers.
“The good news is you heard the call—another reason serving this past year was such an honor,” he said. “You got engaged. You fought back.”
The president and CEO of Pendleton Community Bank in Franklin, W.Va., Loving has served in ICBA leadership positions for numerous years, testifying before Congress and the Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies on many community banking issues. Last year he participated in the FDIC’s The Future of Community Banking Conference and has also represented ICBA at the Federal Reserve’s public meeting on HMDA, the FDIC’s roundtable on deposit insurance and the 24th Seminar on International Finance in Tokyo, Japan.
Loving lives in Franklin with his wife, Cindy. They have two adult daughters.
Jeffrey L. Gerhart
A fourth-generation banker, Jeff Gerhart has served ICBA and the community banking industry for more than 25 years. “Much has changed over the years, but much has remained the same,” Gerhart says of ICBA’s efforts to serve the needs of community banks. “We continue to work to provide community banking a good environment to work in, but we’re still playing David against Goliath.”
Both community banking and ICBA service are a Gerhart family tradition. His parents, H.L. “Bud” Gerhart Jr. (bank director) and Georgianne, were active in ICBA for many years, with Bud serving as ICBA president in 1972. Three generations of Gerharts serve as directors of First Newman Grove Bankshares and the Bank of Newman Grove in Newman Grove, Neb.
The president and chairman of the Bank of Newman Grove, Jeff Gerhart has served as a member of a variety of ICBA committees, including Bank Education, Congressional Affairs, Payments and Technology, Regulatory Review and Strategic Planning committees, and as a past chairman of the Policy Development and Strategic Planning committees. He has also served as chairman and board member for the Nebraska Independent Community Bankers. From 1999 to 2004, he was a Class A board member of the Federal Reserve Bank of Kansas City.
He is president and owner of Gerhart Insurance Agency in Newman Grove. He is president and manager of Marbu Inc., a family-farming operation. He is a member and past officer of the Newman Grove Community Club; treasurer of the Newman Grove Medical Clinic; co-chairman of the Newman Grove Community Foundation; and a member of the Vision/Newman Grove economic group, the Newman Grove United Methodist Church and the Newman Grove Masonic Lodge #305.
He attended the University of Kansas and received his bachelor’s degree in business from the University of Nebraska in 1975. He is a graduate of the Colorado Graduate School of Banking. He lives in Newman Grove with his wife, Becky. They have two adult children.
For many years Sal Marranca, president and CEO of Cattaraugus County Bank in Little Valley, N.Y., has passionately shared his knowledge and experience as a community banker with a range of audiences on local, national and international levels. A past ICBA marketing committee chairman, he has eagerly spread the word about the economic and civic contributions that only community banks can make, including volunteering as an adviser to developing bankers in Kazakhstan, Russia and Croatia.
“Lawmakers and regulators don’t always know how much would be lost if community banks were to disappear,” Marranca says. “We work with people and have strong, long-lasting relationships with them through tough times. We know our customers and our communities.”
In addition to his recent ICBA Executive Committee service, including a term as the committee’s secretary, Marranca has served the community banking industry in many leadership positions. He currently serves on the ICBA Services Network board of directors and is also an advisory board member to the ICBA TCM Bank board of directors. He has served as chairman of ICBA’s Membership-Marketing, Policy Development, Regulation Review, ICBPAC, Congressional Affairs and Strategic Planning committees.
Closer to home, Marranca is a trustee of the New Directions Youth Foundation and a director of the Cattaraugus County Industrial Development Agency. He is a past board member of the New York State Banking Department, and a director and past president of the Independent Bankers Association of New York State.
He served in the U.S. Army with a tour of duty during the Vietnam War. He has completed international banking volunteer assignments in Kazakhstan, Russia and Croatia. He has worked as a senior FDIC bank examiner and as an adjunct faculty member with St. Bonaventure University in New York state.
He received a bachelor’s degree in economics from Bethany College in West Virginia in 1968, where he was awarded the President’s Athletic All-Conference Football Award and, in 2000, was inducted into the Bethany Athletic Hall of Fame.
An avid reader, he lives in Little Valley with his wife, Kay. They have two adult daughters.
Cynthia L. Blankenship
Consolidated Holding Chairman
During the darkest days of the Wall Street financial crisis, Cynthia Blankenship provided steady, energetic and reassuring leadership as ICBA chairman. She has testified many times on Capitol Hill before the House Financial Services Committee and the Senate Banking Committee. She has attended meetings at the White House and participated in a nationally broadcast press conference with President Obama and then-Treasury secretary Timothy Geithner.
The vice chairman and chief operating officer of Bank of the West in Grapevine, Texas, Blankenship continues to have a presence in Washington, D.C., attending meetings at the Treasury Department, Federal Reserve Board, Consumer Financial Protection Bureau and Small Business Administration. She is also a member on the FDIC Advisory Committee on Community Banking. She has chaired ICBA’s Bank Education, Congressional Affairs, Membership/Marketing, Nominating, Policy Development and Strategic Planning committees.
On the state level, Blankenship was chairman of the Independent Bankers Association of Texas in 2002 and chairman of the IBAT Education Foundation, which raised more than $1 million for financial literacy. She was appointed dean for bankers and chaired the Southwestern School of Banking Foundation at Southern Methodist University.
In 2009, she received the Distinguished Alumni Award from the Southwestern Graduate School of Banking—Southern Methodist University Cox School of Business. In 2004, U.S. Banker magazine named her one of the 50 Most Powerful Women in Banking. In November 2010, she was named as one of the 2010 Great Women of Texas. She was also recently named 2013 D.E. Box Citizen of the Year by the Grapevine Chamber of Commerce.
Blankenship has served her community through the Colleyville Women’s Club, the Community Bankers Education Foundation, the Bear Creek Community Development Project, Dallas Summer Musicals and activities relating to Community Banking Month at Bank of the West. She is a member of the Grapevine Chamber of Commerce, as well as a recipient of the 1999 Arts Education Award and the 2004 Colleyville Women’s Club Novus Award.
She lives in Grapevine with her husband, Gary. They have three daughters.