Kentucky First Federal Bancorp Welcomes New Director and Chairman
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Kentucky First Federal Bancorp Announces New Board Appointments
Kentucky First Federal Bancorp (NASDAQ: KFFB), the parent company for First Federal Savings Bank of Kentucky, recently made significant announcements regarding its board of directors. R. Clay Hulette has been appointed to the board, taking over the position left by retired director Tony Whitaker. This decision comes ahead of the company's upcoming annual meeting.
Background on R. Clay Hulette
R. Clay Hulette brings a wealth of experience to his new role. He has been an integral part of First Federal Savings Bank of Kentucky since 1997, holding various positions including Vice President and Treasurer. His leadership transitioned into the role of President in 2007. Additionally, Hulette was the Chief Financial Officer when Kentucky First Federal Bancorp was established in 2005. After several years of service, he officially retired from his operational roles in January 2024. His expertise and deep understanding of the company's operations make him an asset to the board.
Walter G. Ecton, Jr. Takes on Chairmanship
In another important development, Walter G. Ecton, Jr. has been elected as Chairman of the Board. Ecton has been serving as a director of Kentucky First Federal Bancorp since its inception in 2005 and has extensive experience in the financial sector, currently practicing law privately in Richmond. His longtime association with the bank underpins his capability to guide the board strategically.
Overview of Kentucky First Federal Bancorp
Kentucky First Federal Bancorp operates through its two primary banking institutions, with locations across Kentucky. The parent company oversees First Federal Savings and Loan Association and First Federal Savings Bank of Kentucky, which together serve various communities through several branches. This broad operational base has allowed Kentucky First Federal Bancorp to maintain a solid presence in the financial services industry.
Company's Shareholder Structure
As of June 30, 2024, Kentucky First Federal Bancorp had approximately 8,086,715 shares outstanding, with a significant portion, about 58.5%, held by First Federal MHC. This capital structure provides a stable foundation for the bank's operations and growth strategy.
Contact Information
For further inquiries, please contact:
Kentucky First Federal Bancorp
Don Jennings, President
(502) 223-1638
Frequently Asked Questions
Who is R. Clay Hulette?
R. Clay Hulette is the newly appointed director of Kentucky First Federal Bancorp, offering extensive banking experience.
What role does Walter G. Ecton, Jr. have?
Walter G. Ecton, Jr. is the newly elected Chairman of the Board at Kentucky First Federal Bancorp.
When is the company’s annual meeting?
The annual meeting for Kentucky First Federal Bancorp is scheduled for November 14, 2024.
How long has Ecton been involved with the bank?
Walter G. Ecton, Jr. has been a director since the company was founded in 2005.
What is the stock ticker for Kentucky First Federal Bancorp?
Kentucky First Federal Bancorp trades on the NASDAQ under the ticker symbol KFFB.
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