> 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.