Cody Marshall promoted to assistant vice president at Ledyard National Bank

Mar. 20—HANOVER — Ledyard National Bank is pleased to announce the promotion of Cody Marshall to assistant vice president. Marshall joined Ledyard in 2019 as Ledyard's Branch Manager in Lebanon, NH. His promotion serves as recognition of his ability to consistently provide his clients with clear and impactful solutions to their financial needs, as well as building strong and lasting relationships based on trust.

In addition to his primary focus of creating an-ever stronger banking environment focused on client service, Marshall will begin to originate and manage the bank's CRA residential mortgage loans that apply specifically to low-moderate income applicants. In this capacity, he will service the needs of the community through custom products for the low-moderate income segment of the population.

Katie Blake, Vice President and Regional Retail Manager, states, "Ledyard prides itself on recognizing employees for their contributions and commitment to the bank's mission, and Marshall is truly deserving of this promotion. His leadership skills, knowledge and people-first approach to helping clients, as well as his ability to collaborate with fellow employees across the organization, has made our bank more customer-focused than ever. Having worked extensively with our consumer lending team over the years, including his support of the commercial credit department in managing clients through the PPP process, Marshall is well prepared to support Ledyard's CRA lending program with his enhanced role."

Marshall has been in the customer service industry for over fourteen years with the last eight years being in the financial industry. Prior to joining Ledyard he spent time as a Universal Banker with Citizens Bank, Branch Manager with People's United Bank and Consumer Loan Officer with Members Advantage Community Credit Union. Marshall has served as a board member on the Woodstock Vermont Area Chamber of Commerce and regularly seeks opportunities to better his community.

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 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.