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Shawn Brenneman Joins NCB as New Senior Vice President of Deposit Operations

Washington, DC (December 10, 2008) — NCB, known for providing creative financial solutions tailored to meet the needs of its customers and providing superior customer service is pleased to announce Shawn Brenneman has joined the Bank as its new Senior Vice President of Deposit Operations.

“Shawn comes to NCB with over two decades of experience in retail banking, operations and information technology management,” said Charles E. Snyder, President and CEO of NCB.  “Shawn’s extensive knowledge on expanding and managing the deposit departments of financial institutions will undoubtedly serve her well in this position.”

In her new role, Ms. Brenneman will be responsible for the management of NCB’s deposit operations function supporting a growing deposit base, currently valued at $1.2 billion.  Additionally, she will supervise a team of 14 professionals at both the Bank’s Virginia and Ohio locations with an oversight of core functions including deposit account management, deposit services and commercial & cash management services.

Prior to joining NCB, Ms. Brenneman was the Operations Manager and Senior Vice President at Cardinal Bank in McLean, Virginia for nearly four years.  During this time, her responsibilities included the day-to-day management of the Deposit Operations department and leadership roles in the implementation of major information technology and operations projects.  Before that position, she was Operations Manager and Group Vice President at Riggs Bank N.A. in Riverdale, Maryland.

Ms. Brenneman graduated from Georgetown University in Washington, DC in 1982, where she received a Bachelor of Arts degree in Sociology. 

As a full-service financial institution, NCB provides term loans, lines of credit, commercial and residential mortgages, construction loans, lease financing, private placements 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.