First Farmers Financial Corp. Adds New Directors

Rhea-AI Summary

First Farmers Financial Corp. (OTCQX:FFMR) appointed Jennifer E. Jones and Roland K. Winger as new Board Directors during its 2021 annual shareholders meeting on May 11, 2021. Both directors bring extensive business and civic experience that aims to enhance the company's service to customers and communities. Dr. Mark Holt, President and CEO, noted their skills will bolster the organization’s growth and community engagement. First Farmers Financial Corp. operates a $2.3 billion financial holding company across multiple counties in Indiana and Illinois.

Positive

• New board members bring extensive business and civic expertise.
• Leadership changes expected to strengthen community engagement.

Negative

• None.

Converse, IN, May 26, 2021 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX:FFMR), announced the addition of two new Board Directors at the 2021 annual shareholders meeting. Jennifer E. Jones, CEO and Co-Owner of Royal Title Services and Roland K. Winger, Sr. Vice President of Allakos, Inc joined the board on May 11, 2021.

“As we continue to serve and grow our footprint, we are committed to bringing talented people into our organization that can best represent these communities. Jennifer and Roland are excellent additions to our Board of Directors. Their wealth of business and civic knowledge will allow them to be sound advisors for how First Farmers Bank & Trust can best serve our customers’ financial needs, while also establishing how FFBT can best serve the communities we represent.”  -Dr. Mark Holt, President and Chief Executive Officer, First Farmers Bank & Trust.

“We couldn’t be happier to add directors of this caliber to our Board. Jennifer and Roland’s sincere interest in helping to continue to grow this corporation and provide perspective from their fields of expertise and leadership in their civic community is simply invaluable to our overall goals.” -Brian Renbarger, Chairman of the Board, First Farmers Financial Corp.        

Jennifer E. Jones is CEO and Co-Owner of Royal Title Services, Inc., a statewide land title insurance and settlement company. Jennifer earned her B.S. degree from Krannert School of Management, Purdue University, and a J.D. of Law from Indiana University - Indianapolis. Jennifer currently serves on the Ulen Town Council, several committees within the Indiana Land Title Association, is a 32-year charter member and past-president of the Rotary Club of Avon and is an active member of the John Purdue Club and Purdue’s Groben Society. 

Roland K. Winger is Sr. Vice President of Allakos, Inc. Roland earned a B.S. Agricultural Engineering degree from Purdue University. He serves on the Tippecanoe County Council, the Tippecanoe County Area Plan Commission, the Wabash River Enhancement Corporation Board of Directors, and previously, the West Lafayette School Corporation Board of Trustees. 

First Farmers Financial Corp is a $2.3 billion financial holding company headquartered in Converse, Indiana.  First Farmers Bank & Trust has offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and offices in Coles, Edgar and Vermilion counties in Illinois. First Farmers Financial Corp is traded on the OTC Markets Group, Inc. "OTCQX" exchange under the ticker symbol: FFMR.

Attachments

• Roland Winger
• Jennifer Jones

FAQ

Who are the new Board Directors of First Farmers Financial Corp.?

The new Board Directors are Jennifer E. Jones and Roland K. Winger.

When were the new Board Directors appointed for First Farmers Financial Corp.?

They were appointed on May 11, 2021, during the annual shareholders meeting.

What are the backgrounds of the new Board Directors of FFMR?

Jennifer E. Jones is CEO of Royal Title Services, and Roland K. Winger is Sr. Vice President of Allakos, Inc.

How might the new Board Directors impact First Farmers Financial Corp.?

Their diverse experiences may enhance strategic decisions and community outreach.