May 2 — Camden R. Fine, the longtime president and CEO of the Independent Community Bankers of America, announced his plans to retire in May 2018. The announcement came at the 2017 ICBA Capital Summit. Rebeca Romero Rainey, ICBA’s immediate past chairman, was named as Fine’s successor.
A third-generation banker, Romero Rainey is owner, chairman and CEO of Centinel Bank of Taos, N.M.. Fine, a native Missourian and longtime community banker and bank owner before coming to ICBA in May 2003, announced to more than 1,000 bankers at the ICBA Capital Summit that he would step down on his 15th anniversary — May 5, 2018. Fine emphasized that he will remain fully engaged as ICBA CEO over the next year.
Fine, who has been named a top lobbyist by The Hill newspaper for nine consecutive years, said he is proud of his accomplishments through the years, including waging a campaign to prevent Wal-Mart from receiving a bank charter, raising the limit on FDIC insurance to $250,000, making FDIC insurance assessments more equitable for community banks.
Romero Rainey said that during the coming year she looks forward to making the transition to Washington, D.C., with her family. She has served ICBA and the community banking industry for more than 15 years. She is ICBA’s immediate past chairman and has held the positions of chairman of the Federal Delegate Board and of the Minority Bank Council. She has served on the FDIC Community Bank Advisory Committee and the Kansas City Federal Reserve Community Depository Institution Advisory Council.
At the state level, she is the past president and a current board member of the Independent Community Bankers of New Mexico and has received the New Mexico Governor’s award for Outstanding Women. Romero Rainey is a graduate of the Wellesley College in Massachusetts and the Pacific Coast School of Banking.