TCM Bank News and Articles

As the banking landscape evolves, community banks can attract the next generation of banking customers by offering a strong credit card portfolio that emphasizes local involvement and customer service.

In today’s credit card market, community banks face significant competition from the major credit card issuers. However, with a well-defined value proposition and a strategic credit card partnership with TCM Bank, community banks can grow with profitable credit card programs.

TCM Bank, N.A., the credit card bank of ICBA Payments, announced the election of Jill Sung, president and CEO of Abacus Federal Savings Bank, to the TCM Bank Board of Directors. Jack Hartings, chairman of the Peoples Bank Co., continues as TCM Bank’s chairman.

ICBA Payments®, the payments subsidiary of the Independent Community Bankers of America® (ICBA), today announced the appointment of Kelly Kroskie as executive vice president, digital transformation for the organization and its agent bank, TCM Bank N.A.

In today's financial landscape, community banks are increasingly considering selling their credit card assets to enhance profitability and focus on core operations. Selling these assets can unlock capital, reduce risk, and allow banks to concentrate on their primary services.

ICBA Payments, the payments-services subsidiary of the Independent Community Bankers of America (ICBA), today announced that C.J. Littrell has been appointed president of its credit card bank, TCM Bank, N.A. Littrell will retain his role as chief operating officer (COO), working closely with Jacob Eisen, who continues as TCM Bank’s permanent CEO. As president and COO, Littrell will oversee the bank’s strategic initiatives, drive operational efficiency, and work alongside Eisen and members of the TCM Bank board of directors to continue strengthening TCM Bank’s partnerships with community banks nationwide.

ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced that its credit card bank, TCM Bank, N.A., is celebrating its 25th anniversary this month.

TCM Bank, N.A., a subsidiary of ICBA Bancard, today announced that Jack Hartings, chairman of the Peoples Bank Co. in Coldwater, Ohio, and Kathy Underwood, president and CEO of Ledyard National Bank, in Hanover, N.H., were elected to the TCM Bank board of directors.

TCM Bank, N.A., the credit card bank of ICBA Bancard®, announced the promotions of three of its executives, Terri Howard as executive vice president and chief people officer, C.J. Littrell as executive vice president and chief operating officer and David Gonzalez as executive vice president and chief risk officer.

TCM Bank, N.A., the credit card bank of ICBA Bancard®, which is the payments services subsidiary of the Independent Community Bankers of America, announced the hire of Terri Howard as senior vice president of people and culture.

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, today announced Laura Pierce as vice president, relationship manager.

Recently, with the growing popularity of mobile wallets and contactless cards, we are seeing criminals using contactless near-field communication (NFC) acceptance as an alternative way to monetize stolen magnetic stripe data. With the number of cardholder payment options available to consumers (e.g. magnetic stripe, mobile, contact chip, and contactless chip) it is increasingly important for issuers to take a comprehensive validation approach across the different form factors and interfaces through which a payment can be made. Use of best practices for point-of-sale (POS) entry modes validation is an essential step for identifying and preventing fraud.