Ledyard Names Judith Maloy to its Board of Directors

HANOVER, N.H.--(BUSINESS WIRE)--Ledyard Financial Group, (Ticker Symbol: LFGP) the holding company for Ledyard National Bank, is pleased to announce that Judith Maloy has joined its Board of Directors effective January 9, 2020.

Judith is Director, CEO, and one of the founding directors of Polaris Direct, a full-service direct marketing and print company. Besides her management responsibilities, Judith handles all corporate marketing communications, special events planning, and public relations efforts for the company. Polaris’s achievements have been recognized over the years through its ranking on the INC 500/5000 for three consecutive years, as one of the largest women owned businesses in New Hampshire as ranked by BusinessNH Magazine, and one of the top women-owned businesses in the nation as ranked by Diversitybusiness.com. Judith and her family reside in Hopkinton, NH.

“We are very pleased to welcome Judith to the Ledyard board. Her expertise in marketing, as well as her wealth of knowledge and experience creating, building, and managing a top-tier organization will provide a valuable perspective to our Board of Directors and we look forward to her contributions to our organization,” remarked Margaret Rightmire, Chair of the Board of Directors of Ledyard Financial Group.

Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full service community bank offering a broad range of banking, investment, tax and wealth management services.

Ledyard Financial Group, Inc. shares can be bought and sold through the NASD sanctioned “OTC Markets” under the trading symbol LFGP. Shares may be traded through an individual’s broker. For more information, please refer to the “Investor Relations” section of the bank’s website at www.ledyardbank.com or contact the bank’s Chief Financial Officer, Gregory D. Steverson.

Forward-Looking Statements: Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, competitive pressure in the banking industry, balance sheet management, net interest margin variations, the effect of changes in equity prices on assets under management, the ability to control costs and expenses, changes in the interest rate environment, financial policies of the United States government, and general economic conditions. The Company disclaims any obligation to update any such factors.