ACB: Press Releases

Contact:	Robert Schmermund (202) 857-3104 Jim Eberle (202) 857-3145	Jim Eberle (202) 857-3145 (work) (703) 893-2593 (home) [email protected]	For Immediate Release January 6, 2004 #04-01
E-mail: [email protected]

ACB NAMES COMMERCIAL BANKER AS PRESIDENT OF SUBSIDIARY OPERATIONS

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WASHINGTON, D.C. — America’s Community Bankers has named William J. Kroll, a former commercial banker with broad experience in dealing with community and regional banks, president of ACB’s for-profit subsidiary, ACB Business Partners, Inc.

ACB President and CEO Diane Casey-Landry said that filling the position marks the beginning of a new phase in ACB’s expansion of products and services to serve the needs of member community banks.

“Bill brings to ACB Business Partners nearly 30 years of extensive, hands-on experience at major commercial banks, where he built strong relationships with community banks,” said Casey-Landry. “His broad knowledge in credit cards, consumer finance and mortgage banking will contribute greatly to ACB Business Partners’ ability to provide community banks with the products and services they need to remain competitive.”

Kroll said: “I look forward to working closely with our bankers to build on the success ACB Business Partners has already brought to our industry.

“The key to our success has been the direct involvement of our members to develop products and services by bankers for bankers. ACB Business Partners recently announced two examples of that strategy: pooled trust preferred securities and bank-owned life insurance programs.”

ACB Business Partners currently offers member-advantaged products and services in such areas as mortgage lending and servicing, credit and debit cards, insurance, financial planning and investment services, overdraft protection, and employee and executive benefit programs.

Kroll has been first vice president of MBNA America Bank, Wilmington, Del., since 1996. He managed the bank’s community bank business development area, which included negotiating partnerships with community banks in the areas of co-branded credit cards, consumer finance sales and marketing and mortgage banking operations.

Kroll began his banking career in 1975 in the management training program of Maryland National Bank. When the bank was acquired in 1991 by (NationsBank) Bank of America, Kroll was senior vice president and division head for financial institutions, where he directed 350 respondent bank relationships. After leaving the bank in 1995, he did consulting work for Legg Mason Wood Walker and PNC Bank. After conducting a capital markets study and survey for community banks, he recommended a business plan for PNC.

Kroll has a bachelor of science degree in business and economics from the University of Maryland.

America’s Community Bankers is the national trade association committed to shaping the future of banking by being the innovative industry leader strengthening the competitive position of community banks. To learn more about ACB, visit www.AmericasCommunityBankers.com.

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