Ag econ alum named to ICBA board
The Independent Community Bankers of America (ICBA) announced in October that North Carolina community banker Ayden R. Lee Jr. has been elected to the ICBA board of directors. Lee, who resides in Clayton, is president and CEO of the $681 million-asset Four Oaks Bank & Trust Company. He is a 1974 agricultural economics graduate of the College of Agriculture and Life Sciences, N.C. State University.
Lee’s duties with ICBA include liaison between independent community bankers in North Carolina and ICBA staff and leadership in Washington, D.C. He will also work to recruit new members to ICBA.
“I am honored to be elected to this position,” Lee said. “It gives me a chance to work for community banks all across the country, which offer better values, hands-on personal service and invaluable financial expertise to local consumers and small businesses.”
ICBA is the only national trade association dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. Community banks offer financial services options for millions of consumers, small businesses, farmers and ranchers. According to a recent study by the Federal Reserve, community banks also charge fewer and lower fees — ranging from 15 to 133 percent lower — than their megabank counterparts.
“Ayden R. Lee Jr. is a dedicated community banker who is respected by his industry’s peers,” said James P. Ghiglieri Jr., ICBA chairman. “We are delighted he will be offering his time and valuable professional talents in the service of the community banking industry.”
Ayden Lee
“I am honored to be elected to this position,” Lee said. “It gives me a chance to work for community banks all across the country, which offer better values, hands-on personal service and invaluable financial expertise to local consumers and small businesses.”
ICBA is the only national trade association dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. Community banks offer financial services options for millions of consumers, small businesses, farmers and ranchers. According to a recent study by the Federal Reserve, community banks also charge fewer and lower fees — ranging from 15 to 133 percent lower — than their megabank counterparts.
“Ayden R. Lee Jr. is a dedicated community banker who is respected by his industry’s peers,” said James P. Ghiglieri Jr., ICBA chairman. “We are delighted he will be offering his time and valuable professional talents in the service of the community banking industry.”