KENTUCKY FIRST FEDERAL BANCORP (NASDAQ:KFFB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) Effective January 2, 2019, Lou Ella Farler, President and Chief Executive Officer of First Federal of Hazard (the “Bank”), the wholly owned subsidiary of Kentucky First Federal Bancorp (the “Company”), retired from the Bank.
(c) Effective January 2, 2019, Jaime Steele Coffey was appointed President and Chief Executive Officer of the Bank, and President of First Federal MHC. Ms. Coffey, age 39, has been employed by the Bank since 2012, where she has served in various areas including lending and compliance. She was Assistant Vice President of the Bank from 2012 until 2016. She was appointed Vice President/Secretary of the Bank in 2016.
About KENTUCKY FIRST FEDERAL BANCORP (NASDAQ:KFFB)
Kentucky First Federal Bancorp is a mid-tier holding company. The Company’s subsidiaries include First Federal Savings and Loan Association of Hazard (First Federal of Hazard) and Frankfort First Bancorp, Inc. (Frankfort First Bancorp). Frankfort First Bancorp has one subsidiary, First Federal Savings Bank of Kentucky, Frankfort, Kentucky (First Federal of Frankfort). The Company operates First Federal of Hazard and First Federal of Frankfort as two independent, community-oriented savings institutions. As June 30, 2016, residential mortgage loans totaled $204.5 million, construction loans totaled $2.8 million, multi-family loans totaled $15.6 million, nonresidential totaled $27.1 million, commercial non-mortgage loans totaled $1.8 million and consumer loan balance totaled $8.6 million. As of June 30, 2016, First Federal of Hazard and First Federal of Frankfort were authorized to invest up to $2.2 million and $6.9 million, respectively, in the stock of or loans to subsidiaries.