Jennings, La., January 3, 2024 (ACCESSWIRE) –JD Bancshares, Inc. (OTCQX: JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., is pleased to announce the appointment of Guillory Oil President Michael A. Guillory to the Board of Directors effective December 19, 2023. The addition of Guillory to the board reflects JD Bancshares’ commitment to fostering growth in Louisiana and enhancing corporate governance. Guillory will serve on the boards of both JD Bancshares, Inc. and JD Bank.

“We are pleased to have Michael join the Boards of both the Bank and the Company. This is the first new addition to the Boards since May 2009, and we look forward to the fresh perspective that Michael will bring as a successful businessman in the Eunice and Lafayette markets. The depth of his experience and industry knowledge will undoubtedly strengthen our board and contribute significantly to our strategic decision-making,” stated Bruce W. Elder, President & CEO.

Guillory brings a wealth of experience and expertise to our organization with a distinguished career in the oil and gas industry. Throughout his career, Guillory has consistently demonstrated exceptional leadership, strategic vision, and a deep understanding of market dynamics. He has a proven track record of steering his company toward success in a dynamic and competitive landscape.

Serving as an active member of the Chevron Council, Valero Council, and the Louisiana Oil Marketers and Convenience Store Association, Guillory expressed excitement about joining the boards, stating, “I look forward to collaborating with the talented leadership of JD Bancshares and JD Bank and contributing to the company’s continued success in Louisiana.”

About JD Bancshares, Inc.

JD Bancshares, Inc. is the bank holding company of JD Bank, a state-chartered bank headquartered in Jennings, Louisiana.  JD Bank has been serving the citizens of south Louisiana since 1947 and offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels.  The Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, Louisiana.  JD Bancshares, Inc. may be accessed on its website at jdbank.com.

JD Bancshares, Inc. (OTCQX: JDVB) trades on the OTCQX Best Market.  Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction.  Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on otcmarkets.com.