InBankshares, Corp and InBank Name Mary-Margaret Henke to Boards of Directors

Denver-based Financial Executive Joins Boards as Bank’s Growth Continues

Denver, CO – November 8, 2021 – InBankshares, Corp (OTCQX: INBC) and its wholly owned subsidiary InBank, an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets, announce today that they have added Denver-based financial executive, Mary-Margaret Henke, to the Boards of Directors of the holding company and InBank.

Henke is a global financial executive with expertise in finance, IT service delivery, audit and regulatory compliance. Mary-Margaret began her career with nearly 10 years at PricewaterhouseCoopers and most recently she spent over a decade at Western Union (NYSE: WU), a global money transfer company. During her tenure at Western Union, she held a wide variety of leadership roles with increasing responsibility including SVP, IT Corporate Systems and Transformational Programs and Chief Audit Executive. She has extensive experience in both public companies and private equity entities regarding banking/money transfers, IT service delivery, cybersecurity, audit, privacy, consumer fraud, risk and regulatory compliance.

“We are thrilled to welcome Mary-Margaret to the Boards of Directors for InBank and InBankshares and know that she will make immediate contributions to the organizations with her expertise in these key areas,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for InBankshares, Corp and InBank. “Mary-Margaret’s expertise at Western Union and her specialization in IT, audit, risk and regulatory compliance will be extremely valuable in helping us further our growth strategies and enhance shareholder value.”

Henke has a track record in successfully leading multiple global financial system implementations and brings deep corporate governance experience through her work with corporate boards and audit committees. Currently, Henke is serving as independent director for several companies.

“I am very excited to be joining InBank and InBankshares as a board member and to be able to bring my expertise in banking and finance, IT, audit and compliance to make an impact on InBank’s strategic plan,” says Mary-Margaret Henke.
Henke is a graduate of the University of Denver and is a Certified Public Accountant (CPA).

About InBankshares, Corp
InBankshares, Corp is the holding company for InBank, an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets. InBank offers a full suite of commercial, business, personal and mortgage banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

Forward-Looking Statements
This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by, followed by, or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of InBankshares, Corp’s management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond InBankshares, Corp’s control). Although InBankshares, Corp believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, InBankshares, Corp can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by InBankshares, Corp or any person that the future events, plans, or expectations contemplated by InBankshares, Corp will be achieved.

All subsequent written and oral forward-looking statements attributable to InBankshares, Corp or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. InBankshares, Corp does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. # # # InBank is a Member FDIC and Equal Housing Lender.

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