Kennedy of Zachary to serve the nation’s community banks
Nashville, Tenn. (March 21, 2019)—Preston L. Kennedy, president and CEO of Zachary Bancshares Inc. in Zachary, La., was elected chairman of the Independent Community Bankers of America® (ICBA) for 2019-20. His term begins March 22 at the conclusion of the ICBA LIVE® national convention in Nashville.
“As high-tech, high-touch lenders that specialize in relationship banking, community banks build better communities by prioritizing and investing in the customers and neighborhoods they serve,” said Kennedy. “I am honored to be elected to this position and feel privileged to advocate on behalf of the nation’s community banks as we work to advance pro-growth policies that will promote economic opportunity in every corner of our country.”
Kennedy has served in many leadership roles at ICBA and is chairman of the Executive Committee and the board of directors. He is a member of ICBA’s Policy Development and Nominating committees. He also serves as Executive Committee liaison to the Agriculture-Rural America Subcommittee and the Minority Bank Council. He is past chairman of the Federal Delegate Board and previously served on the Cyber and Data Security Committee. Kennedy was treasurer on ICBA’s Executive Committee in 2014-16 and was an ICBA at-large director in 2011-12. He also served as ICBA’s state delegate for Louisiana.
At the local level, Kennedy previously served as president of the Feliciana Chamber of Commerce and the Zachary Chamber of Commerce. He has also served as a board member for small business incubator Dixie Business Center and the Lane Regional Medical Center Foundation.
“I have a deep and abiding respect for Preston and the work he has done in his community and on behalf of ICBA’s mission to create and promote an environment where community banks flourish,” said ICBA Immediate Past Chairman Timothy K. Zimmerman, CEO of Standard Bank in Monroeville, Pa. “Preston’s leadership will serve our industry well as we continue to innovate and build more resilient communities through localized lending.”
ICBA is the only national advocacy organization dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. With the high-tech, high-touch banking services that consumers expect, community banks offer the best financial-services options for millions of consumers, small businesses and agricultural enterprises.
For more information, including a biography for Kennedy, visit ICBA’s Press Room.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $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.