Damon’s institutional knowledge and strategic vision for delivering innovative payment solutions comes at a pivotal time for our industry as we look for new and exciting payment services to keep pace with our customers’ evolving payment needs.
Washington, D.C. (PRWEB) June 06, 2016
ICBA Bancard®, the payment-services subsidiary of the Independent Community Bankers of America® (ICBA), today announced Damon Moorer has been promoted to president of its credit card bank, TCM Bank, N.A. Moorer, who was also named as a director, will continue to oversee the bank’s operational functions, with additional responsibility for guiding future profitability by establishing goals, policies, and strategies as set forth by the board.
“Damon’s institutional knowledge and strategic vision for delivering innovative payment solutions comes at a pivotal time for our industry as we look for new and exciting payment services to keep pace with our customers’ evolving payment needs,” said Joseph Pierce, TCM Bank chairman and president and CEO of Farmers State Bank in LaGrange, Ind.
Moorer, who previously served as TCM Bank’s chief operating officer, has more than 17 years of experience in the payments industry with expertise in credit products, loyalty, data security and operations.
“TCM Bank is fortunate to have Damon at the helm,” said ICBA Bancard President and CEO Linda Echard. “His expertise navigating the complex world of payments, including fraud management and EMV adoption, along with his experience in card products and operations, helps ensure that community banks can competitively serve the consumer and business credit card needs of their communities.”
Prior to joining TCM, Moorer held a number of leadership positions with FIS and Capital One Financial. Moorer holds a bachelor’s degree in Information Systems Security from the University of Phoenix. He is also a Certified Information Security Manager (CISM) and a member of ISACA.
About TCM Bank, N.A.
TCM Bank, N.A., a subsidiary of ICBA Bancard, provides payment services for community banks including credit card program consulting, portfolio acquisition, product development and agent bank sponsorship choices. Through its Total Card Management® program, TCM helps community banks promote their branded cards while limiting their exposure to risk and expense.
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.