After serving the past 12 months as chairman of the Independent Community Bankers of America, William A. Loving Jr., president and CEO of Pendleton Community Bank in Franklin, will continue to serve on ICBA's board of directors as the immediate past chairman for 2014-15.
Loving was elected during the 2014 ICBA National Convention in Honolulu. His term begins at the conclusion of the convention on March 5.
"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," Loving said. "It has been an honor to serve as ICBA's chairman over the past year and I am delighted to continue working on behalf of community bankers and their customers."
An ICBA Securities director and chairman of the Nominating Committee, Loving served as past chairman of the Federal Delegate Board of Directors and on the Congressional Affairs, Regulation Review and Membership/Marketing committees. He also has served on the Bylaws, Bank Education, Policy Development, Lending, Bank Operations and Payments, and Political Action committees. He is chairman of the Nominating Committee.
Loving is a past president of the Community Bankers of West Virginia, where he serves as board member, Legislative Committee member, and PAC chairman. He also has testified before Congress and the Securities and Exchange Commission's Advisory Committee on Smaller Public Companies on community banking issues such as Sarbanes Oxley 404, Basel III, GSE and mortgage reform, and regulatory burden.
He participated in the FDIC's The Future of Community Banking Conference and also has represented ICBA at the Federal Reserve's public meeting on HMDA; the FDIC's roundtable on deposit insurance; and the 24th Seminar on International Finance in Tokyo.
Active in many professional and civic organizations, Loving serves as a member of the Executive Committee at West Virginia Bankers Title and the Pendleton County Economic and Community Development Authority. A charter board member of the Pendleton County Chamber of Commerce and Pendleton County Convention and Visitors Bureau, he has served as chairman of both organizations and was awarded the chamber's Business Person of the Year award in 2010 and in 2013. He also is a trustee of the Graduate School of Banking at Louisiana State University, past instructor at the West Virginia School of Banking, and he was awarded the Federal Home Loan Bank of Pittsburgh's highest individual award, the Council's Award, in 2013.
"Bill 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. "Bill's enthusiastic efforts as chairman, and relentless advocating on behalf of community banks will serve community banks well for years to come. We thank him for his committed efforts to the 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 Loving, visit ICBA's Press Room.