Tom Shaffer Nominated to American Bankers Association Board of Directors
Stockton bank president also a member of the California Bankers Association Board of Directors
SACRAMENTO – The California Bankers Association (CBA) today announced that Tom Shaffer, president of 1867 Western Financial Corp., based in Stockton, has been nominated to serve on the American Bankers Association (ABA) 2013-2016 board of directors. The ABA’s nominating committee recently announced its official slate for election at the association’s annual convention to be held in New Orleans, October 19-22.
“Tom is a highly-regarded California community bank executive with a career spanning more than four decades,” said Rodney K. Brown, president and CEO of CBA. “We are very pleased to see him receive this prestigious nomination to serve on the ABA board, joining approximately two dozen other bank executives selected from across the country. We greatly value Tom’s insight on CBA’s board, and his background and leadership experience will be invaluable representing the interests of California’s banking community in this new national leadership position.”
Tom Shaffer has served on CBA’s board of directors for more than 17 years, including a term as chairman from 2004-2005.
“I am honored to receive this nomination,” said Tom Shaffer. “While the economy and banking environment have recently improved, these remain challenging times for banks, especially given the increased regulatory requirements of the past few years. I look forward to an opportunity to continue to be an advocate and a positive voice for the entire banking community.”
About the CBA
Established 122 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes the majority of California’s commercial, industrial and community banks and savings associations.