JSB Financial Inc. Announces the Appointment of Karl J. “Jeff” Keller to the Board of Directors Following his Retirement
JSB Financial Inc. (OTC Pink: JFWV) announced that Karl J. 'Jeff' Keller, Executive Vice President of Lending, will retire on September 13, 2024, after 31 years of service. Keller will be appointed to the Boards of Directors of both JSB Financial Inc. and Jefferson Security Bank immediately following his retirement. During his tenure, Keller played a important role in the bank's growth, with the loan portfolio expanding from $37 million in 1987 to $374 million as of June 30, 2024. Keller's 38-year career in banking and community leadership roles has been marked by his focus on maintaining prudent underwriting standards and serving as a trusted advisor to customers.
JSB Financial Inc. (OTC Pink: JFWV) ha annunciato che Karl J. 'Jeff' Keller, Vicepresidente Esecutivo per i Prestiti, andrà in pensione il 13 settembre 2024, dopo 31 anni di servizio. Keller sarà nominato membro del Consiglio di Amministrazione sia di JSB Financial Inc. che della Jefferson Security Bank immediatamente dopo il suo pensionamento. Durante il suo mandato, Keller ha avuto un ruolo importante nella crescita della banca, con il portafoglio prestiti che è passato da 37 milioni di dollari nel 1987 a 374 milioni di dollari al 30 giugno 2024. La carriera di 38 anni di Keller nel settore bancario e nei ruoli di leadership nella comunità è stata caratterizzata dal suo impegno nel mantenere standard di underwriting prudenti e nell'essere un consulente fidato per i clienti.
JSB Financial Inc. (OTC Pink: JFWV) anunció que Karl J. 'Jeff' Keller, Vicepresidente Ejecutivo de Préstamos, se retirará el 13 de septiembre de 2024, después de 31 años de servicio. Keller será de JSB Financial Inc. y Jefferson Security Bank inmediatamente después de su jubilación. Durante su mandato, Keller desempeñó un papel importante en el crecimiento del banco, con el portafolio de préstamos que se expandió de 37 millones de dólares en 1987 a 374 millones de dólares al 30 de junio de 2024. La carrera de 38 años de Keller en la banca y en roles de liderazgo comunitario se ha caracterizado por su enfoque en mantener estándares de concesión de préstamos prudentes y servir como un asesor de confianza para los clientes.
JSB 금융 주식회사 (OTC Pink: JFWV)는 Karl J. 'Jeff' Keller가 대출 담당 부사장직에서 2024년 9월 13일 은퇴한다고 발표했습니다. Keller는 은퇴 직후에 JSB 금융 주식회사와 제퍼슨 보안 은행의 이사회에 임명됩니다. 그의 임기 동안, Keller는 은행의 성장에 중요한 역할을 했으며, 대출 포트폴리오가 1987년 3천7백만 달러에서 2024년 6월 30일 기준 3억7천4백만 달러로 증가했습니다. 38년 간의 은행 및 지역사회 리더십 경력이 있는 Keller는 신중한 대출 기준 유지와 고객에게 신뢰받는 조언자로서의 역할에 중점을 두었습니다.
JSB Financial Inc. (OTC Pink: JFWV) a annoncé que Karl J. 'Jeff' Keller, Vice-Président Exécutif des Prêts, prendra sa retraite le 13 septembre 2024, après 31 ans de service. Keller sera nommé aux Conseils d'Administration de JSB Financial Inc. et de la Jefferson Security Bank immédiatement après sa retraite. Au cours de son mandat, Keller a joué un rôle important dans la croissance de la banque, avec le portefeuille de prêts passant de 37 millions de dollars en 1987 à 374 millions de dollars au 30 juin 2024. La carrière de 38 ans de Keller dans le secteur bancaire et dans les fonctions de leadership communautaire a été marquée par son engagement à maintenir des normes de souscription prudentes et à servir de conseiller de confiance pour les clients.
JSB Financial Inc. (OTC Pink: JFWV) gab bekannt, dass Karl J. 'Jeff' Keller, Executive Vice President für Kreditvergabe, am 13. September 2024 in den Ruhestand treten wird, nach 31 Jahren im Dienst. Keller wird unmittelbar nach seinem Ruhestand in die Aufsichtsräte sowohl von JSB Financial Inc. als auch von der Jefferson Security Bank berufen. Während seiner Amtszeit spielte Keller eine wichtige Rolle im Wachstum der Bank, wobei das Kreditportfolio von 37 Millionen Dollar im Jahr 1987 auf 374 Millionen Dollar am 30. Juni 2024 anwuchs. Kellers 38-jährige Karriere im Bankwesen und in Führungsrollen in der Gemeinschaft war geprägt von seinem Fokus auf die Aufrechterhaltung prudenter Underwriting-Standards und der Rolle als vertrauenswürdiger Berater für die Kunden.
- Appointment of experienced executive Jeff Keller to the Board of Directors
- Significant growth in loan portfolio from $37 million to $374 million during Keller's tenure
- Continuity of leadership and expertise through Keller's transition from executive to board member
- Retirement of long-serving Executive Vice President of Lending
“Jeff has a deep understanding and commitment to our company, the local community and the banking industry. We are pleased that his representation on the Board of Directors as a significant shareholder will provide a mindful perspective of the history of the bank as we build for the future,” said Chair Frederick K. Parsons.
Keller joined Jefferson Security Bank in 1987 as a Commercial Loan Officer. He was named Senior Vice President and Commercial Loan Officer in 2003 and Executive Vice President of Lending in 2012. During this time, Mr. Keller played a pivotal role in the Bank’s growth and success, which saw the loan portfolio grow from
“Throughout his tenure, Jeff cultivated a credit culture focused on maintaining prudent underwriting standards, while being a trusted advisor and partner to many customers,” said President and Chief Executive Officer Cindy A. Kitner. “His strong knowledge of our markets and dedicated service to our customers has contributed immensely to our local community. In wishing him all the best in his well-deserved retirement, we look forward to continuing to work with him in his new role as a board member.”
Mr. Keller has 38 years of experience in commercial, residential, consumer and agricultural lending. Mr. Keller began his banking career at South Branch Valley National Bank in 1986 and then joined Jefferson Security Bank in 1987. He joined First United Bank & Trust in 1998 before coming back to Jefferson Security Bank in 2003.
Before his career in banking, Mr. Keller was a Planner and Grant Writer for the Region 8 Planning & Development Council, where he developed and prepared grant applications for various water, sewer, industrial and community development projects and provided technical support and assistance to five counties and 11 municipal governments.
Mr. Keller has also served in various community leadership roles, including six years as Treasurer and Chair of the Berkeley County Public Service Sewer District from 1991-1997, four years as Board Member and Vice Chair of the Opequon Public Service Water District from 1997-2001, seven years as a member of the Berkeley County Planning Commission from 1994-2001, nine years as a member of the Berkeley County Farm Bureau from 1994-2003 and one year as a charter member and Treasurer of the Building a Better Eastern Panhandle from 2003-2004.
Mr. Keller received an Associate’s Degree from Potomac State College in 1980, a Bachelor’s Degrees in History and Political Science from Shepherd College in 1983 and a Master of Public Administration from James Madison University in 1985.
Mr. Keller is a 37-year resident of
About JSB Financial Inc.
JSB Financial Inc. (OTCPink: JFWV) is the holding company for Jefferson Security Bank, an independent community bank operating six banking offices located in
This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.
Offices:
105 East Washington Street,
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277 Mineral Drive, Suite 1,
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240828528835/en/
Jenna Kesecker, Executive Vice President
and Chief Financial Officer
304-876-9016
Source: JSB Financial Inc.
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