Gouverneur Bancorp Welcomes New Leadership with Jefferies
Introducing New Leadership at Gouverneur Bancorp
Gouverneur Bancorp, Inc. (OTCQB Marketplace: GOVB) is thrilled to announce a significant leadership transition as Stephen M. Jefferies steps into the role of President and Chief Executive Officer. This exciting change comes as part of a larger strategy to enhance the organization’s direction and growth. With a wealth of experience and a forward-thinking approach, Mr. Jefferies is poised to guide the company into its next chapter.
Experience That Matters
Stephen M. Jefferies brings nearly 40 years of banking expertise to his new position. His prior role as President and CEO of Community Bank & Trust in LaGrange, Georgia, paved a path for this new opportunity, where his efforts significantly enhanced operational effectiveness and customer satisfaction. Before that, his tenure as Chief Lending Officer at U.S. Eagle Federal Credit Union underscored his dedication to driving success through innovative financial strategies.
Mr. Jefferies’ Commitment
As he takes on his new responsibilities, Mr. Jefferies expressed gratitude for the opportunity to lead Gouverneur Bancorp. He is passionate about building on the strong foundation laid by his predecessors, stating, "I am honored to assume the role of President and Chief Executive Officer and to lead this exceptional management team. Working alongside our employees and stockholders, we aim to continue the tradition of outstanding service and innovation."
A Transition of Leadership
Mr. Jefferies' appointment coincides with the retirement of Charles C. Van Vleet, Jr., who has served as Interim President and CEO. Mr. Van Vleet has announced his plans to retire effective September 2, 2025, but will remain with the Bank until the end of the year to ensure a smooth transition. His invaluable contributions over the last three decades have greatly influenced the success of the organization, and his leadership will be missed.
Gratitude for Mr. Van Vleet
Clara P. Cummings, Chair of the Board, acknowledged Mr. Van Vleet’s significant impact on the company, saying, "We extend our deepest gratitude and appreciation to Chuck for his unwavering dedication and leadership. His commitment to our bank’s mission has been instrumental in fostering an environment of growth and trust that has benefited our community greatly. We wish him all the best in his well-earned retirement."
About Gouverneur Bancorp, Inc.
Founded in 1892, Gouverneur Bancorp, Inc. operates as the holding company for Gouverneur Savings and Loan Association. The bank proudly serves family, business, and individual banking needs, offering a comprehensive range of deposit and loan services. As of June 30, 2025, the organization reported total assets of $196.7 million, with total deposits reaching $159.4 million and stockholders' equity at $31.4 million. This solid financial footing positions the company well for continued growth and innovation.
Frequently Asked Questions
Who is Stephen M. Jefferies?
Stephen M. Jefferies is the newly appointed President and Chief Executive Officer of Gouverneur Bancorp, Inc., with extensive experience in the banking sector.
What experience does Mr. Jefferies bring to the role?
Mr. Jefferies has nearly 40 years in banking, previously serving as CEO at Community Bank & Trust and Chief Lending Officer at U.S. Eagle Federal Credit Union.
What is the future vision for Gouverneur Bancorp under Mr. Jefferies?
Mr. Jefferies aims to enhance operational effectiveness, customer satisfaction, and innovation while maintaining the company's commitment to its stakeholders.
Who is retiring from Gouverneur Bancorp?
Charles C. Van Vleet, Jr., the Interim President and Chief Executive Officer, will retire from his position as of September 2, 2025.
What are the current financials of Gouverneur Bancorp, Inc.?
As of June 30, 2025, Gouverneur Bancorp has total assets of $196.7 million and total deposits of $159.4 million.
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