Advertisement
  New DS HitList Home About Us Contact Us Magazine Subscribe
Advertisement
Welcome to DSNews.com—delivering stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry. Thu Sep 02, 2010
Investors Lenders & Servicers Service Providers Attorneys & Title Companies Agents & Brokers

New ICBA Chairman Aims to End Too-Big-To-Fail Doctrine

James D. MacPhee, CEO of Kalamazoo County State Bank in Schoolcraft, Michigan, was recently elected as 2010-

2011 chairman of the Independent Community Bankers of America (ICBA), the only trade association dedicated exclusively to promoting the interests of locally-operated community banks and savings institutions.

“I am honored to be elected ICBA chairman,” MacPhee said. “It gives me the great privilege to work on behalf of community banks across the nation that offer superb customer service and common-sense financial products, working on behalf of their communities, and sticking with their customers even during these challenging times.”

As chairman, MacPhee will advocate before Congress to pass legislation that benefits community banks and their communities. He said his No. 1 goal this year is to end the doctrine of too-big-to-fail.

“I pledge to promote the creation of a systemic-risk regulator, a separate systemic-risk premium, and a systemic-risk fund,” MacPhee said. “I also pledge to do whatever I can to carry your message that regulatory overkill and forced write-downs on loans have had a negative effect on lending. I will also ensure that the administration, Congress, and regulators consider the impact of their decisions on community banks as a top priority.”

An industry veteran, Macphee brings years of experience to his new position. He has previously served as chairman of the congressional affairs and membership/marketing committees and as director-at-large of the ICBA executive committee, and he has represented the state of Michigan on the ICBA board of directors. In addition, MacPhee has been a member of many of the association’s standing committees and served as vice chairman of political action committee.

He has also held leadership positions in the Michigan Association of Community Bankers, where he served as director and president. Additionally, he is currently chairman and serves on the board of directors of the Michigan Association of Community Bankers Service Company.

Macphee has been with Kalamazoo County State Bank for 38 years, serving as CEO for the past 19 years. He is also a member of the board of directors of First State Bank in Decatur, Michigan, and he is a member of the board of directors of the Federal Home Loan Bank of Indianapolis.


Author: Brittany Dunn Date: 04/14/2010 Tags: Movers & Shakers Users: Lenders & Servicers

Friend's Name


Friend's Email*


Your Name


Your Email*


Security Code


Enter security code*

Message



Recent News
Advertisement

Sign up for daily e-mail updates.


Do you have a news tip, story idea, or suggestion for DSNews.com or DS News magazine?

Simply e-mail editor@dsnews.com.

Whether you choose to tell us a little about yourself or prefer anonymity, we appreciate your contribution!



About Us

Since its launch, DS News magazine has positioned itself at the forefront of an evolving industry. Always current with the most up-to-date default servicing news, DSNews.com keeps you informed through daily Web casts, community forums, and a wide range of industry resources.

Home About Us Contact Us Magazine Subscribe