Don’t think that is unusual. An old Attorney friend was on 19 Boards and you would recognize his name.
Yeah, it seems a lot of times a board chair is a kickback for “services rendered” in years past.
BUt in this case - it really IS an indicator of this bank’s primary customers - Venture capital funding for some of the most woke garbage in the world.
Bank boards are different. Their membership is subject to regulation by the FDIC and their primary regulator, whether state or federal. Traditionally, they required that most bank board members have substantial banking and business experience.