NCB Promotes Patrick N. Connealy to Chief Credit Officer


Washington, DC (June 30, 2008) — NCB, a leading financial services company, announced the promotion of Patrick N. Connealy to Chief Credit Officer, responsible for the Bank’s overall credit quality.  

“We are extremely pleased to have Patrick -- a dedicated 22-year NCB veteran -- step into this important and challenging position,” said Charles E. Snyder, President and CEO of NCB. “His extensive experience, knowledge of our markets and strong credit aptitude are certain to serve the Bank and our members well” 

Mr. Connealy replaces Chuck Hackman, the bank’s long-standing Chief Credit Officer, who recently retired.

Prior to this promotion, Mr. Connealy served as Managing Director for NCB overseeing the Bank’s Corporate Banking group focusing on Alaska Native and tribal entities, ESOP, franchise, grocery, hardware, middle market and small business customer segments. He remains a member of NCB’s Executive Council, a team of 11 senior managers representing business development units and functional areas of the NCB Financial Group.

Prior to joining NCB in 1986, Mr. Connealy worked as a Supervisory Officer with the Farm Credit Administration in Washington, DC, and as Assistant Vice President and Loan Officer for the Farm Credit Bank of Omaha. 

Mr. Connealy holds a bachelor’s degree in Business Administration from the University of Nebraska, and completed further studies at the Graduate School of Banking in Colorado.

As a full-service financial institution, NCB provides term loans, lines of credit, commercial and residential mortgages and personal and business banking products. In addition, the Bank offers an array of other business banking products via its secure, online cash management platform, including Real Time Deposit, NCB’s remote deposit capture product allowing businesses to efficiently deposit checks via remote scanning services operated at the business’ location. The Bank is also a member of CDARS network, providing customers with a single source for FDIC insurance on CDs up to $50 million.

NCB Financial Group (NCB) consists of National Consumer Cooperative Bank, a wholesale funding company; NCB, FSB, a federally-charted savings bank; and, NCB Capital Impact, a 501(c)3 nonprofit.  Loans and other financial services are provided by NCB, FSB and NCB Capital Impact.   Deposit products and services are provided by NCB, FSB, which is a member FDIC.   Each is a separate corporation within the NCB Financial Group.

NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio. To learn more about NCB, visit www.ncb.coop.