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Simon Cruz, president and CEO of Intercredit Bank, NA, a Miami-Dade County full-service financial institution with $510 million in assets, has been elected to a three-year term on the board of directors of the American Bankers Association (ABA).
Cruz has been in elevating roles at the ABA for the past six years and previously served as an ABA Council member. He also served on the board of directors of the Florida Bankers Association and the Florida Export Finance Corporation.
“I congratulate our newly elected officers and board members who will play an essential role in leading ABA’s work on behalf America’s banks over the next year,” said Rob Nichols, ABA president and CEO.
“This group of industry leaders has a depth and breadth of experience that will serve them well as they navigate the opportunities and challenges ahead. I look forward to working with them to ensure banks of all sizes can continue serving their communities and helping our economy grow,” Nichols added.
The American Bankers Association is the voice of the nation’s $23.7 trillion banking industry, which is composed of small, regional and large banks that together employ more than two million people, safeguard $19.6 trillion in deposits and extend $11.8 trillion in loans.
Founded in 1992, Intercredit Bank holds a 5-Star Superior bank rating from BauerFinancial. Headquartered in Coral Gables, the full-service commercial and consumer financial institution provides high quality banking services to businesses and retail clients through its five branch locations in Miami-Dade County. The bank is a national banking association supervised by the Office of the Comptroller of the Currency (OCC) and insured by the Federal Deposit Insurance Corporation (FDIC). For more information, visit www.intercreditbank.com.
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