> Charles Petersen Named to Board of Directors
Ledyard Financial Group (Ticker Symbol: LFGP), the holding company for Ledyard National Bank, is pleased to announce that Charles M. Petersen has joined its Board of Directors, effective September 21, 2023.
> Top 5-Star Rating for Financial Strength & Stability
BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Ledyard National Bank has once again earned its top (5-Star) rating for financial strength and stability. Having earned Bauer’s (5-Star) rating continuously for 70 quarters, Ledyard National Bank has also earned an even higher assignment as an “Exceptional Performance Bank”. This designation is reserved solely for banks that have earned this top rating for a minimum of 10 years consecutively (40 consecutive quarters) or longer. This latest rating was assigned in September 2023 based on June 30, 2023 financial data and signifies that Ledyard National Bank continues to be one of the strongest banks in the nation.
> Chris Kebalka Joins Ledyard as SVP, Team Lead & Commercial Relationship Manager
Ledyard National Bank is pleased to welcome Chris Kebalka as Senior Vice President, Team Lead and Commercial Relationship Manager. With over thirty years in banking, a wide variety of skills and ties to the regions Ledyard serves, Chris understands the value of being a community banker and trusted advisor to his clientele. Read more >
> Kimberly Lebron Joins Ledyard as EVP, Chief Lending Officer
Ledyard National Bank is pleased to welcome Kimberly Lebron as Executive Vice President and Chief Lending Officer. Kim is responsible for leading the commercial lending and credit teams with a key focus on expanding and deepening relationships. Read more >
> Linda Mack Joins Ledyard Financial Advisors
Ledyard Financial Advisors, the Wealth Management division of Ledyard National Bank, is pleased to welcome Linda Mack as Senior Vice President, Director of Client Relationships. As such, Linda is responsible for leading our Financial Advisors, focusing on enhancing our client experience and deepening relationships. Read more >
> Ledyard Responds to Local Housing Needs
As a committed partner to the communities it serves, Ledyard National Bank is focused on addressing the current housing crisis in the Upper Valley and beyond with three specially targeted programs: Renters Advantage Loan, Express Home Loan and Equity Builder. Learn more >
> Ledyard Welcomes Tim Allen as Sr Financial Advisor
Ledyard National Bank is pleased to announce that Tim Allen has joined the bank as a new Senior Financial Advisor within the Ledyard Financial Advisors division. Tim comes to Ledyard with over nine years of experience in the financial services and wealth management industry. Most recently, he worked at NH Trust Financial Advisors and Bar Harbor Wealth Management. Read more >
> Ledyard Launches Renters Advantage Loan Program
Ledyard National Bank has recently launched a new program designed to foster financial independence and housing security in its communities. The Renters Advantage Loan, tailored to low-income individuals or families, assists those who are searching for affordable housing but find it challenging to cover the upfront financial burden of having to pay first / last month’s rent and security deposit requirements upon signing a lease.
> Ledyard Named as Top 200 Community Bank for 9th Year
Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, was ranked among the Top 200 publicly traded banks and thrifts under $2 billion in assets in the United States by American Banker Magazine for the ninth consecutive year. The rankings are based on three-year return on average equity (ROAE) for 2020 to 2022. Ledyard Financial Group was selected with a three-year average ROAE of 11.81%.
> Ledyard Financial Group Upgrades to OTCQX Best Market
Ledyard Financial Group shares (OTCQX: LFGP) began trading today on OTC Markets Group’s OTCQX® Best Market, upgrading from the OTCQB Venture Market. LFGP qualified for this upgrade by meeting high financial standards, following best practice corporate governance, demonstrating compliance with U.S. securities laws, and having a professional third-party sponsor introduction. Ledyard Financial Group is the holding company for Ledyard National Bank. OTC Markets Group operates financial markets for 12,000 U.S. and global securities.
> Financial Advisors Promotes Susan Renaud and Jeff Trombly
Ledyard Financial Advisors is pleased to announce the two recent promotions of Susan Renaud, Senior Financial Advisor and Jeff Trombly, Senior Portfolio Manager.
> Mike Parisi Receives 40 Under 40 Community Bank Leaders Award
Ledyard National Bank is pleased to announce that Mike Parisi, SVP & Chief Strategy Officer, has been recognized with a 40 Under 40 Community Bank Leaders Award by the Independent Community Bankers of America. The awards are presented to leaders in the community banking industry who are making a difference in their banks and communities through trailblazing innovations, a philanthropic spirit and a dedication to their industry. Read more . . .
> Ledyard Appoints Josephine Moran as CEO, Successor to Retiring CEO, Kathy Underwood
Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on Ledyard’s Board of Directors. Read more...
> Ledyard Awarded Business of the Year Pinnacle Award
Ledyard National Bank is pleased to announce it was awarded the 2023 Business of the Year Pinnacle Award by the Greater Concord Chamber of Commerce. Since opening their Concord financial center at 74 South Main Street in fall 2020, Ledyard is recognized as having established a strong community presence in the Concord area.
> A Message from our CEO & President
Over the last few days, news outlets have reported that two banks, Silicon Valley Bank headquartered in California, the 16th largest bank in the country, and Signature Bank headquartered in New York, have been shut down by government regulators.
As this is unsettling, we want to assure you that Ledyard National Bank remains well capitalized and in excellent standing with bank regulators. The two banks mentioned above have unique business models with exposure to volatile industries such as cryptocurrency. They were involved in many non-traditional business sectors which led to their financial challenges.
> LNB Offers Assistance to Home Buyers Through FHLB Boston Program
Ledyard National Bank has been selected to participate in the Federal Home Loan Bank of Boston's Equity Builder Program, which assists local home buyers with down-payment and closing costs as well as home buyer counseling and rehabilitation assistance.
> Ledyard Executive Team Promotions
Ledyard National Bank is pleased to announce two recent promotions: Susan Fernald, SVP to Chief Banking Officer and Mike Parisi, SVP to Chief Strategy Officer.
> Josephine Moran Appointed to Ledyard Board
Ledyard Financial Group (Ticker symbol LFGP) is pleased to announce that Josephine Moran has been appointed to the Board of Directors of Ledyard Financial Group, Inc. and Ledyard National Bank. Ms. Moran has served as Ledyard’s President and Chief Banking Officer since January of 2022.