CEO Pat Daily touts addition to board, Libs’ reputation and experience
Charlestown, Ind. (Oct. 18, 2022) – NWSB has appointed Jeff Libs to the Board of Directors of the bank’s holding company, New Independent Bancshares, Inc. and The New Washington State Bank (NWSB).
“Jeff [Libs] brings valuable experience, a tremendous reputation, and a community-centered focus to the board,” said NWSB CEO Pat Daily. “He will be an asset in so many ways, and we are fortunate to have him.”
Libs, president and CEO of Libs Paving Company, Inc., earned his Bachelor of Science in Business from Indiana University in 1995 and has always had an interest in banking. “Obviously, I went into the family business, but now I kind of get to do both,” he said. “I really do feel it’s an honor to have been thought of in regard to joining the board. I look forward to learning for myself personally, but I’m also excited about being able to contribute to and help the bank grow and improve.”
A fixture in the Southern Indiana community, Libs is active at St. Mary of the Knobs Catholic Church, where he has served in various roles, including parish council president, school commission chair, and on the finance committee. He also is a member of the Young Presidents Organization Bluegrass Chapter. Libs previously served on the Providence High School Board of Trustees as well as the University of Louisville Family Business Center Board of Advisors. He and his wife Cara have been married for 27 years and have three children: Griffin (24), whose wife is Mary Ann (Fitzpatrick) Libs; Reece (22); and Zoe (20). Griffin and Reece are employed at Libs Paving; Zoe is a junior at IU in the Kelley School of Business.
The original New Washington State Bank opened March 6, 1908, on Main Street in New Washington, Ind. The bank, now known as NWSB, was founded by a group of prominent business leaders and farmers who felt New Washington and the surrounding farming communities would be better served with a bank of their own. Since then, the bank has added branches in the surrounding communities of Henryville, Charlestown, Borden, Jeffersonville, Sellersburg, Scottsburg, River Ridge and New Albany.