ICBA News Release

ICBA Independent Community Bankers of America

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Karen Tyson 
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Aleis Stokes
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FOR IMMEDIATE RELEASE

North Dakota Banker Named Chairman of ICBA Services Network

Washington, D.C. (December 11, 2008)—The ICBA Services Network, the business services subsidiary of the Independent Community Bankers of America (ICBA), has named Steve Stenehjem chairman of its board of directors. Stenehjem is the chairman of First International Bank & Trust, which is located in Watford City, N.D.

"Steve’s stewardship to the community banking industry, coupled with his strong management skills and leadership experience, will serve the company well," said Gary Teagno, president and CEO of the ICBA Services Network. “We are very pleased to have Steve as our chairman.”

Stenehjem’s previous ICBA leadership roles include a two year term on the ICBA Bancard board of directors. He currently serves as chairman of the ICBA Reinsurance board of directors.

First International Bank & Trust is a full service, independent community bank and member of the FDIC. The bank is an active participant of ICBA Bancard, ICBA Reinsurance and ICBA Securities.

Learn more about ICBA and its subsidiaries at www.icba.org.




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