Washington, D.C. (May 30, 2024) — ICBA Payments®, the payments-services subsidiary of the Independent Community Bankers of America® (ICBA), has announced the appointment of Jacob Eisen as its new president and CEO, effective immediately.
“Jacob’s financial services experience and track record of success made him the ideal choice to guide ICBA Payments through its next phase of growth and development," said Ruth Christopher, chairman of ICBA Payments and board member for Citizens Bank of Las Cruces, N.M. "Jacob’s results-focused approach comes at an opportune time as ICBA Payments expands its offerings beyond card services to focus on the larger payments landscape.”
Eisen has more than two decades of financial services experience. He most recently served as president of fintech banking for MVB Bank, where he oversaw a four-fold increase in fintech- and payments-related bank deposits and fee income. Eisen also co-founded ConnexPay, a corporate payments company, playing a crucial role in its rapid growth and profitability. Additionally, he has experience serving on the board of a publicly traded bank and spent over a decade as an investment banker providing financial advisory services to U.S.-based banks and thrifts.
“We are thrilled to welcome Jacob as the new president of ICBA Payments,” said Kevin Tweddle, Senior Executive Vice President of ICBA Innovation. “His extensive experience and forward-thinking approach align perfectly with our mission to empower community banks with cutting-edge payment solutions. His leadership will be instrumental as we continue to evolve and grow our offerings under the ICBA Payments brand.”
The rebranding effort by ICBA Payments earlier this year symbolizes its commitment to delivering value to community banks through innovation and education, aiding them in navigating current market dynamics.
"I am honored to join ICBA Payments at such a pivotal time, with growing industry adoption of exciting and innovative payments technology," said Eisen. "ICBA Payments has a strong legacy of providing exceptional service and trusted payments solutions to community banks. I look forward to working with our talented team and industry partners to drive new opportunities for growth and innovation."
Eisen holds a bachelor’s degree in business and communications from DePaul University.
For more information about ICBA Payments and its services, visit icba.org/payments.
About ICBA Payments:
ICBA Payments is a wholly owned subsidiary managing payment solutions for community banks since 1985. It focuses on innovation, education, advocacy, helping community banks navigate the payments ecosystem effectively.
About ICBA:
The Independent Community Bankers of America® aims to create an environment where community banks flourish through advocacy, education, and innovation. They leverage relationship-based business models to support local economies.
For more information about ICBA's initiatives visit icba.org.
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