Potomac Bank Announces President and CEO Alice Frazier Elected ICBA Chairman

Core Viewpoint - Alice P. Frazier, President and CEO of Potomac Bank, has been elected as the Chairman of the Independent Community Bankers of America (ICBA) for the term 2026-27, emphasizing the importance of community banks in fostering innovation and leadership within the industry [1]. Company Overview - Potomac Bank, founded in 1871 and renamed in 2025, operates through a network of nine branches and one loan production office, serving areas in West Virginia, Maryland, and Northern Virginia [1]. - The bank offers a range of financial solutions, including consumer and commercial banking, trust services, wealth management, and residential lending, and is recognized as a Small Business Administration (SBA) Preferred Lender [1]. Leadership and Advocacy - Alice Frazier holds multiple leadership roles within ICBA, including chairing the Executive Committee and serving on various boards and committees, showcasing her commitment to community banking [1]. - Frazier's leadership is expected to empower community banks, which are crucial for local economic development and job creation, as they leverage relationship-based business models to serve their communities [1]. Industry Context - ICBA is the sole national advocacy organization dedicated to promoting the interests of community banks, highlighting their role in providing high-quality financial services to consumers, small businesses, and agricultural enterprises [1]. - The organization aims to create an environment where community banks can thrive through effective advocacy, education, and innovation [1].