Nebraska Banker Continues as ICBA Past Chairman

Honolulu (March 5, 2014)- After serving the past 12 months as immediate past chairman of the Independent Community Bankers of America® (ICBA), Jeffrey L. Gerhart, president and chairman of Bank of Newman Grove, Newman Grove, Neb., will continue to serve on ICBA's board of directors as past chairman for 2014-15.

"Located in small towns, suburbia and big-city neighborhoods, our nation's nearly 7,000 community banks help fuel local economies throughout America by lending to small businesses and helping local residents and families purchase homes, finance college and build solid financial futures," Gerhart said. "I am honored to be elected to this position and feel privileged to work on behalf of the nation's community banks, which work hard every day to make their communities a better place."

Gerhart is a member of the Executive Committee and board of directors. He has served as a member of a variety of ICBA committees, including Bank Education, Congressional Affairs, Nominating, Payments and Technology, Regulatory Review and Strategic Planning, and as past chairman of the Policy Development and Strategic Planning committees.

He has also served as chairman and board member for the Nebraska Independent Community Bankers. From 1999 to 2004, he was a Class A board member of the Federal Reserve Bank of Kansas City.

"Jeff is a dedicated community banker who is respected by his financial industry peers," said ICBA Incoming Chairman John H. Buhrmaster, president of 1st National Bank of Scotia, N.Y. "We are delighted he will continue to offer his time and valuable professional talents to the service of the community banking industry."

ICBA is the only national trade association dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. With trusted financial expertise and quality customer service as their hallmarks, community banks offer the best financial-services option for millions of consumers, small businesses, farms and ranches.

For more information, including a biography for Gerhart, visit ICBA's Press Room.

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