CEO James MacPhee Announces Retirement from KCSB

Jim MacPhee
Jim MacPhee will retire from Kalamazoo County State Bank in December.

James D. MacPhee, CEO of Kalamazoo County State Bank, has announced his retirement, marking 47 years as a community banker and 43 years at Kalamazoo County State Bank. A public open house reception in his honor will take place from 1-4 p.m., December 10, in the lobby of the bank in Schoolcraft.

MacPhee joined Kalamazoo County State Bank in 1972. He was promoted to senior vice president in 1981 and named chief executive officer and to to the Board of Directors in 1990. He also has been a state and national community banking leader.

MacPhee has been a member of the Community Bankers of Michigan since he joined the bank. He was elected vice president of the association’s board of directors in 1994 and chairman in 1996. “Jim MacPhee has been a key voice for Michigan community bankers,” said Judi Sullivan, president and CEO of the banker association. “He has a passion for community banking and has been an advocate for community banks here in Michigan and across our great nation.”

At the national level, MacPhee has been involved with the Independent Community Bankers of America (ICBA). Leading up to being elected national chairman of ICBA in 2010, MacPhee was named a member of the association’s board of directors in 1997 and appointed in 1998 to serve as an at-large director. He also served as vice chairman and chairman-elect on the organization’s Executive Committee.

MacPhee’s ICBA assignments have spanned nearly every standing and ICBA services corporation board – including the Congressional Affairs, Policy Development, Tax, Lending, Membership and Strategic Planning, Education and ICBPAC committees.

“Community bankers have been very fortunate to have Jim MacPhee involved with our mission and delivering our message,” said Cam Fine, president and CEO of the Independent Bankers of America. “He has been a difference maker in both his hometown and nationwide. Jim has done everything he could to help the industry survive, grow and thrive.”

MacPhee’s work did not stop with the state and national community banking associations. In 2007 he was elected to the position of Director of the Federal Home Loan Bank of Indianapolis (FHLBI). “It is an honor and a privilege to have been elected by my peers and serve on the board of the Federal Home Loan Bank of Indianapolis,” said MacPhee.

The FHLBI is part of a system of 12 banks across the United States established in 1932. MacPhee was elected to the position by the banks in Michigan and Indiana that are members of the FHLBI. A primary benefit of Federal Home Loan Bank membership is access to reliable liquidity through secured loans, known as advances, which are funded by the FHLBI.

In addition to MacPhee’s professional community banking contributions, he has been an example of what community banking is all about: serving the community. MacPhee has been chairman of the Schoolcraft Downtown Development Authority, Bronson Hospital Foundation Board Director, chairman of the Kalamazoo County Fair Renovation, Schoolcraft Businessmen’s Association, Schoolcraft Community Association and many others through his career.

Under MacPhee’s leadership, Kalamazoo County State Bank continues to celebrate over “100 Years of Caring,” giving back to the families, businesses and numerous non-profit organizations to make a difference in the communities it serves.

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