UCB Names David Drennan President, Brings Back Kayla Mahaffay-Musson as CFO

CHATHAM - UCB Announces David Drennan President, Kayla Mahaffay-Musson Returns as Chief Financial Officer, and Cheryl Martin Joins Board of Directors

Chatham, March 20, 2026 – United Community Bank (UCB) today announced that David J. Drennan has been named President of the Bank and elected to the Bank’s Board of Directors, and Kayla Mahaffay-Musson has returned to the organization as Chief Financial Officer, strengthening the Bank’s executive leadership team.

David brings more than 20 years of experience with UCB during which he has served in multiple leadership roles. Most recently serving as Chief Lending Officer, he has overseen lending operations, playing a central role in the Bank’s growth and performance.

Throughout his career, David has developed deep relationships in the communities the Bank serves and has been instrumental in advancing strategic initiatives, operational efficiency, and long-term planning.

“Dave understands both the business of banking and the responsibility that comes with being a community-focused institution,” said Robert A. Narmont, Chairman. “He is a steady, strategic leader who has earned the confidence of our Board, our employees, and our customers.”

As President, David will oversee day-to-day operations, strategic growth initiatives, and continued execution of the Bank’s long-term vision.

“I am honored by the confidence our Founder and Chairman, Bob Narmont, and our Board have placed in me,” stated Drennan. “What makes this organization special is our people – the way we serve our customers, support one another, and stay rooted in our communities. I am proud of what we have built together, and I am excited to continue moving our Bank forward while staying true to who we are.”

David currently serves as a member of the LLCC Foundation Board, the Williamsville-Sherman CUSD#15 Board of Education, the HSHS St. John’s Hospital Board, and the HSHS System Finance Committee. He has also been a mentor and instructor with the Sangamon CEO Program and an adjunct instructor for Millikin University’s Organizational Leadership Program. David and his wife, Emily, live in Sherman with their three children.

The Bank also announced the return of Kayla Mahaffay-Musson, CPA, as Chief Financial Officer. Kayla has resumed her role overseeing the Bank’s financial strategy, reporting, and regulatory compliance, bringing her deep institutional knowledge and a forward-looking perspective shaped by continued professional growth.

Kayla began her career with United Community Bank in 2012, initially serving as a teller and payroll associate before being promoted to Controller in 2013. She held that role for nine years and was named Chief Financial Officer in 2022. After briefly gaining additional experience outside the organization, Kayla has returned to UCB to continue supporting the Bank’s long-term financial strength and strategic growth.

“Kayla’s return is meaningful for our organization,” said Narmont. “She knows our culture, our communities, and our commitment to sound financial stewardship. The experience and insights she recently gained only further strengthens her leadership, and we are glad to have her back in this role as we look to the future.”

As Chief Financial Officer, Kayla is responsible for the direction and oversight of accounting operations, financial reporting, and regulatory filings, as well as budgeting and forecasting the Bank’s future financial position. “I’m proud to return to United Community Bank and to work alongside a team that truly values integrity, collaboration, and community,” Mahaffay-Musson said. “UCB has provided me with incredible opportunities throughout my career, and I look forward to further strengthening our financial position while contributing to the Bank’s ongoing growth.”

Kayla is a licensed Certified Public Accountant and holds a Bachelor of Science degree in Applied Mathematics and a Bachelor of Arts degree in Economics from East Stroudsburg University of Pennsylvania. She also earned a Master of Arts in Accountancy from the University of Illinois Springfield. Active in our community, Kayla currently serves as a board member with Sangamon CEO. She and her husband, Cody, and their two daughters reside in Springfield.

In addition, the Bank is pleased to announce the election of Cheryl Martin to the Board of Directors.

“Cheryl brings exceptional financial expertise, sound judgement, and a deep understanding of our organization to the Board,” shares Narmont. “During her time as CFO with United Community Bank, she demonstrated disciplined financial leadership and a clear commitment to strengthening our financial foundation. We are fortunate to continue benefiting from her insight and perspective in this new capacity.”

“It is an honor to continue serving UCB in a board role,” Martin declares. “I believe in the Bank’s mission and its commitment to local decision-making and community-focused banking, and I look forward to supporting the leadership team and helping guide the Bank’s continued growth and long- term success.”

Previously, Cheryl was a Partner with KEB in Springfield for 25 years concentrating on financial institutions and commercial clients. She currently serves on the Memorial Health System Board of Directors. She and her husband, Tom, live in Mt. Pulaski where Tom farms. They have two grown children and four grandchildren.

About United Community Banks

United Community Bank, headquartered in Chatham, Illinois, is an employee-owned regional bank holding company with roots dating back to 1907, when Farmer’s State Bank was established in Greenfield, IL. In 1973, a local group led by Robert Narmont invested in Farmer's State Bank with the goal of delivering the ultimate in customer service while continuing to welcome other banks into the United Community Bank family. Today, UCB has grown to more than $4 billion in assets with over 100 banks and ATMs in 37 communities in central, west central, and southwest central Illinois, northeast Missouri, and southwest Florida.

Our United Community Banks include United Community Bank, Marine Bank & Trust, Brown County State Bank, Farmers State Bank of Camp Point, Liberty Bank, and Midland Community Bank in Illinois, Mercantile Bank in Illinois and Missouri, and United Commonwealth Bank in Naples, Florida. To learn more about us and to visit all our banks online, visit ucbbanks.com.

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