ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced Scott Wagner has joined its credit card bank, TCM Bank, N.A., as senior vice president, business development.
“Scott is a respected payments veteran with a proven track record of building successful agent bank portfolios,” said Tina Giorgio, president and CEO of ICBA Bancard and vice chairman of TCM Bank’s board of directors, in a press release. “His insights and experience will help community banks maximize their card portfolio potential with minimal risk exposure.”
Wagner brings more than 25 years of payment systems experience, including nine years with the national agent credit card line of business at Fifth Third Bank where he led the effort in signing more than 135 new financial institutions and acquiring more than $100 million in credit card receivables. Prior to that he worked for 16 years at First National Bank of Omaha where he helped grow the agent bank credit card asset to more than $1 billion and acquire more than 70 credit card portfolios.
“Scott’s hire couldn’t come at a better time,” said TCM Bank President and CEO Damon Moorer. “His experience servicing Fifth Third Bank’s agent banks will be invaluable as we look to leverage this acquisition and become the agent credit card program of choice for financial institutions.”