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LCNB director resigns due to health reasons; Isabella Bank board member retires

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LCNB director resigns due to health reasons; Isabella Bank board member retires

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

Louisa Ives will start serving as a director of Glen Head, N.Y.-based First of Long Island Corp. and subsidiary First National Bank of Long Island on Jan. 1, 2019.

Ives is a managing director and member of the executive and investment committees of Chilton Trust.

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Richard Barz retired as a director of Isabella Bank Corp. and subsidiary Isabella Bank, as he has reached the mandatory retirement age under the bylaws of the Mount Pleasant, Mich.-based company.

Barz retired as CEO of the company in 2013, S&P Global Market Intelligence records show.

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George Leasure resigned as a director of LCNB Corp. and subsidiary LCNB National Bank due to health reasons.

Filling his term through 2020 is Mary Bradford, who will start serving as a director of the Lebanon, Ohio-based company and the bank on Jan. 21, 2019.

Leasure founded GMi Cos. in 1976, S&P Global Market Intelligence records show.

Bradford is a retired IT executive who spent 31 years with GE Aviation in Evendale, Ohio.

Financial services

George Haywood is set to resign from the board of Fannie Mae, effective Dec. 31.

Haywood has been a private investor since 1998 and manages his own hedge fund, S&P Global Market Intelligence records show.