Ryan Pennington
CHARLESTOWN, Ind.,—NWSB has appointed Ryan Pennington to the board of directors of the bank’s holding company, New Independent Bancshares, Inc. and The New Washington State Bank (NWSB).
“Ryan’s support for the bank and the energy he brings will help us as we continue to grow,” said NWSB CEO Pat Daily. “Ryan has a deep understanding of the commercial real estate market, both locally and regionally. His insight and knowledge will be helpful to us as we analyze new opportunities.”
Pennington is founder and president/CEO of 7D Commercial Real Estate (7D CRE), a boutique real estate firm specializing in all facets of the industry, which he launched on July 7, 2007. His career in commercial real estate began, however, back in the year 2000 working for one of the largest privately held shopping center developers in the country, where he gained experience in the areas of leasing, property management, construction and development.
“My experience in real estate development and construction will hopefully have an impact on NWSB,” Pennington said. “NWSB has such great leadership and a great team on the board of directors. I’m excited about getting started and am ready to learn as much as I can to help the bank grow. I look forward to making a mark on the NWSB board.”