National Bankshares, Inc. Announces Promotion of Lara E. Ramsey to President
Blacksburg, Virginia – October 18, 2024 – National Bankshares, Inc. is pleased to announce the promotion of Lara E. Ramsey to President of the company and its subsidiary bank, The National Bank of Blacksburg. This appointment will become effective on January 1, 2025.
Ms. Ramsey, a seasoned professional with a distinguished 28-year career at National Bankshares, has held the position of Executive Vice President and Chief Operating Officer. Her leadership has been instrumental in driving growth and success across various critical departments including Investment, Human Resources, Marketing, Training, Corporate Administration, and Strategic Initiatives.
The current President and Chief Executive Officer, F. Brad Denardo, will continue his role as Chairman and Chief Executive Officer of both the bank and the holding company.
Ms. Ramsey’s impressive resume includes a dual bachelor’s degree in Psychology and Economics from Radford University, along with a master’s degree in Industrial and Organizational Psychology. She is also a graduate of prestigious programs such as the Virginia Bankers Association’s School of Bank Management, the American Bankers Association’s Stonier Graduate School of Banking, and The New River Valley Leadership program. Notably, Ms. Ramsey is a certified Senior Professional in Human Resources, showcasing her expertise in talent management and organizational development.
President and CEO, F. Brad Denardo, expressed his confidence in Ms. Ramsey’s leadership abilities, stating, “We are very proud of Lara, and we are excited to see her assume this key leadership role in our organization. Over the past 28 years, Lara’s contributions have been pivotal to the growth and success of our Company. She has a deep understanding of banking and of our Company’s unique role in the communities we serve. Her experience and leadership stand to greatly benefit our stakeholders and continue our core commitments to customer service and shareholder value.”
Beyond her professional achievements, Ms. Ramsey is actively involved in her community. She serves on the Radford University Alumni Association Board of Directors and the Radford University Athletic Foundation Board of Directors. Her commitment to community service extends further as she is a past Board Member of both the United Way of the New River Valley and the Montgomery County Chamber of Commerce.
Ms. Ramsey resides in Radford with her husband, Sean. The couple has an adult son, Benjamin, who is currently pursuing a master’s degree at Virginia Tech.
About National Bankshares, Inc.
National Bankshares, Inc., headquartered in Blacksburg, Virginia, is the parent company of The National Bank of Blacksburg, which operates as National Bank, and of National Bankshares Financial Services, Inc. National Bank is a community bank serving customers through 27 full-service offices primarily in southwest and central Virginia. The bank also operates two loan production offices in Roanoke and Charlottesville, Virginia. National Bankshares Financial Services, Inc. is an investment and insurance subsidiary serving the same geographic area. The Company’s stock is traded on the Nasdaq Capital Market under the symbol “NKSH.” For more information about National Bankshares, Inc., visit www.nationalbankshares.com.
Contact:
Eric Robinson
Marketing & Communications Officer
540-951-6276
