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ICBA Reinsurance’s Ello Named to ASAE Services Board of Directors

Washington, D.C. (Feb 6, 2008)—The Independent Community Bankers of America (ICBA) congratulates Stephen Ello, president and CEO of ICBA Reinsurance, for his appointment as member of the board of directors of the American Society of Association Executives (ASAE) Services, Inc.

"Steve will be a true asset to the ASAE Services Board," said Gary Teagno, ICBA Services Network president and CEO. "His understanding of association management, his work with members as well as his commitment to providing the best products and services makes him an excellent choice."

Ello was named to the board of directors based on his 20 years of experience in association management and with for-profit subsidiaries, particularly in insurance and financial services, as well as his success developing association affinity programs.

"Serving on the ASAE Services board of directors is an excellent opportunity to share the knowledge and expertise I have gained at ICBA and ICBA Reinsurance," Ello said. "I look forward to working with ASAE Services to further enhance programs and services available to its trade and professional association members."

The ASAE Services board is made up of trade associations such as ICBA. ASAE Services' mission is to serve association professionals, associations and association members by designing and delivering top-quality products and services.

About ICBA Reinsurance
A wholly owned subsidiary of the Independent Community Bankers of America, ICBA Reinsurance is directed by a board of community bankers and provides access to new profit opportunities through credit life and disability insurance offerings that allow community banks to meet virtually any borrowing need.