Ledyard National Bank President and CEO Underwood named Treasurer of the ICBA Board of Directors

The Independent Community Bankers of America (ICBA) has announced its 2018-2019 board of directors and board positions. Kathy Underwood, President and CEO of Ledyard National Bank, has accepted the role of Treasurer, and was the only nominee from the New England states. This selection follows Underwood’s award in November of 2017 as the ICBA’s Community Banker of the Year for the Eastern region. This annual ICBA award recognizes the exceptional work and commitment of individual community bank employees and their dedication to local communities and the banking industry.

ICBA’s board of directors voted on the nominations during the 2018 ICBA national convention, ICBA Community Banking LIVE, which was held March 13-17 in Las Vegas.

When asked by the ICBA’s Independent Banker Magazine what she wanted to accomplish while on the 2018/19 ICBA executive committee, Ms Underwood responded, “I am so thrilled to be serving on the ICBA executive committee. In this role, I will have the opportunity to work closer with the staff and other members of the executive committee, an extremely talented group. I look forward to continuing to help our community bank industry in the fight for regulatory relief, and we’re also looking for additional ways to make our client’s lives easier and more efficient. In 1989, we had 102 state-chartered banks in New Hampshire; today we have 17. Our mission becomes even more critical at this level. ICBA advocacy—which is solely focused on community banks, our education programs and partner services—is critical in helping us compete today and into the future. I look forward to being part of the solution.”

About ICBA

The Independent Community Bankers of America, the nation’s voice for nearly 5,700 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit ICBA’s website at www.icba.org..

Ledyard Financial Group, Inc, headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full service community bank offering a broad range of banking, investment, tax and wealth management services.

Ledyard Financial Group, Inc shares can be bought and sold through the NASD sanctioned “OTC Markets” under the trading symbol LFGP. Shares may be traded through an individual’s broker. For more information, please refer to the “Investor Relations” section of the bank’s website at www.ledyardbank.com or contact the bank’s Chief Financial Officer, Gregory D. Steverson.

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