Washington, D.C. (July 30, 2020) — ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America (ICBA), today announced that William Loving, president and CEO of Pendleton Community Bank Inc. in Franklin, West Virginia, was elected to the ICBA Reinsurance board of directors and will also serve as the board treasurer for the upcoming year. Loving served as ICBA chairman from 2013 to 2014.
“We are honored to announce Bill as a board member and welcome the opportunity to tap his vast expertise and knowledge in service of the nation’s community banks,” said ICBA Reinsurance Chair Marti Rodamaker, who also serves as president and CEO of First Citizens Bank in Mason City, Iowa. “Bill is a highly respected leader in our industry whose unique perspective will further advance our efforts to enhance the value of ICBA Reinsurance for the association’s members. As a former ICBA chairman, Loving continues to serve ICBA’s mission to create and promote an environment where community banks flourish.”
Loving is president of the Pendleton County Community Foundation and is active in many professional and civic organizations. He serves as a member of the West Virginia Bankers Title Executive Committee, board member of the Pendleton County Economic and Community Development Authority, and council member of the Region 8 Planning and Development Council. A charter board member of the Pendleton County Chamber of Commerce and Convention and Visitors Bureau, Loving has also served as chairman of both organizations.
Serving on the ICBA Reinsurance board of directors with Loving and Rodamaker are Jack Hartings, chairman of The Peoples Bank Co. in Coldwater, Ohio, Barry Haugen, president of the Independent Community Banks of North Dakota in Bismarck, North Dakota; and ICBA President and CEO Rebeca Romero Rainey.
For more information about ICBA Reinsurance, visit www.icba.org/solutions/icba-reinsurance.
About ICBA Reinsurance
ICBA Reinsurance is a credit life and disability insurance program you can trust with a proven record of success and profitability. As part of the Independent Community Bankers of America (ICBA), ICBA Reinsurance is run by community bankers for the benefit of community bankers. ICBA Reinsurance wrote its first piece of business in 1999, has paid 18 consecutive dividends to participating banks and is backed by the strength of ICBA, which has been providing community banks with quality products and services for more than 90 years. For more information, visit https://www.icba.org/solutions/icba-reinsurance.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, nearly $4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.