> $25,000 Donation to Two Local Organizations
Ledyard National Bank was pleased to donate a total of $25,000 recently to two important community organizations. One was $10,000 to Visions for Creative Housing Solutions to further support their mission to provide residential options, services and support designed to meet the needs of adults with developmental disabilities and similar disabling conditions. The other was $15,000 to Kimball Jenkins, who works to cultivate creativity, make arts education accessible, and honor historic preservation.
> Ledyard Recognized as a Best Place to Work
Ledyard National Bank is pleased to announce that it has been named, once again, one of Business NH Magazine’s 2022 Best Companies to Work For. This award joins two other recent honors, both awarded by American Banker, the banking industry’s premier daily newspaper. Named for the third year in a row as a Best Bank to Work For, with a ranking this year of #27 out of 90 banks who qualified, Ledyard was also recognized by the publication as one of the Top 200 Community Banks in the nation.
> Devin Cowette Joins Ledyard as a Senior Portfolio Manager
Ledyard National Bank is pleased to announce that Devin Cowette has joined the bank as a new Senior Portfolio Manager within the Ledyard Financial Advisors division. Devin comes to Ledyard with over 10 years of experience in the wealth management industry.
> New Leadership in Ledyard's Private Banking Division
Ledyard National Bank is pleased to announce that Kathy LeClair has joined Ledyard Financial Advisors as Senior Vice President and Director of their Private Banking division. Also joining Ledyard Financial Advisors is Ela Feaster, who will serve as one of Ledyard’s Private Banking Relationship Managers.
> Ledyard Welcomes Peter Sprudzs as Chief Financial Officer
Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, announced today that Peter Sprudzs, FRM, has joined the Company as SVP, Chief Financial Officer. Mr. Sprudzs succeeds Greg Steverson, who will be retiring from Ledyard in December after 20 years with the Company.
> Mortgage Prequalification vs. Preapproval
Mortgage Prequalification vs. Preapproval - What's the difference? You’re ready to go shopping for a new home and need to know how much of a mortgage loan you qualify for, but don’t really understand the difference between a prequalification and preapproval letter. Are they the same thing—and is one better than the other? The answer is that it depends.
> Underwood Appointed to TCM Bank’s Board of Directors
Kathy Underwood, CEO of Ledyard National Bank was elected to TCM Bank board of directors. TCM Bank, N.A., is a subsidiary of ICBA Bancard. In this role, Ms. Underwood will help support TCM Bank and its mission to deliver reliable payment solutions that maintain the quality service customers expect from a community bank. Read more.
> Named One of Top 200 Community Banks for 8th Consecutive 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 eighth consecutive year.
> Ledyard Financial Group Names Bruce King Chair
Ledyard Financial Group (Ticker symbol LFGP) is pleased to announce that Bruce P. King was elected as the new Chair of the Board of Directors of Ledyard Financial Group, Inc. and Ledyard National Bank. Mr. King has served on the Ledyard board since 2014 and he has served as Co-Vice Chair of the Board since 2019.
> Kathy Underwood Named to National CDIAC
Ledyard National Bank is pleased to announce that Kathy Underwood, CEO, has been appointed to the Federal Reserve’s National Community Depository Institutions Advisory Council (CDIAC) for 2022.
> Jeff Gendron Joins Ledyard as SVP, Senior Portfolio Manager & Investment Strategist
Ledyard National Bank is pleased to welcome Jeff Gendron as Senior Vice President, Senior Portfolio Manager and Investment Strategist at Ledyard Financial Advisors. As such, Jeff is responsible for investing client portfolios, conducting research, and providing client service.
> Timothy Sumner Joins Ledyard as Senior Financial Consultant
Ledyard National Bank is pleased to announce that Timothy Sumner has joined the bank as a new Senior Financial Consultant of Ledyard Financial Advisors. Tim, a Registered Representative of Infinex* Investments, Inc., brings over 18 years of experience developing and managing institutional relationships across fixed income products, trading and capital markets.
> 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.
> Cody Marshall Promoted to Assistant Vice President
Ledyard National Bank is pleased to announce the promotion of Cody Marshall to Assistant Vice President. Cody joined Ledyard in 2019 as Ledyard’s Branch Manager in Lebanon, NH. His promotion serves as recognition of his ability to consistently provide his clients with clear and impactful solutions to their financial needs, as well as building strong and lasting relationships based on trust.
> Ledyard Welcomes Josephine Moran as President & CBO
Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, announced today that Josephine Moran has joined the Company as the President and Chief Banking Officer. She reports directly to Ledyard’s Chief Executive Officer, Kathy Underwood.
> Payment Solutions and Forward-Thinking Fraud Prevention
WHITE PAPER - As a financial institution, we cannot talk about payment solutions without considering scenarios in which fraudulent activity could occur. As business owners, we must learn about the cybersecurity and payment fraud landscape to understand how to implement ongoing strategies. The goal is to protect businesses and consumers from those who may capitalize from increasing fraud uncertainties.