FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Declares Cash Dividend
Jennings, Louisiana – JD Bancshares, Inc. (OTCQX: JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., announced that at its regularly scheduled meeting on June 16, 2020,the Board voted to pay a cash dividend in the amount of $0.59 per share on July 6, 2020 to the shareholders of record on June 26, 2020.
The amount and payment of future dividends for the JD Bancshares, Inc. common stock is determined on a quarterly basis, based on earnings, financial condition, capital requirements and other factors.
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 southwest 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 21 full service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana. JD Bancshares, Inc. may be accessed on its website at www.jdbank.com/investor-relations.
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 www.otcmarkets.com.
Jennings, La. – Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc. announced that at its regularly scheduled meeting on December 17, 2019, the Board voted to pay a cash dividend in the amount of $.59 (cents) per share on January 3, 2020 to the shareholders of record of December 27, 2019.
The amount and payment of future dividends for the JD Bancshares, Inc. common stock is determined on a quarterly basis, based on earnings, financial condition, capital requirements and other factors.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Jennings, La.- The Board of Directors of JD Bancshares, Inc. announces that Bruce W. Elder, a 35-year commercial bank executive, has been selected President & CEO of JD Bank and JD Bancshares, Inc. Elder, a North Carolina resident, comes to JD Bank from CresCom Bank, headquartered in Charleston, South Carolina. In this role, Elder will lead day-to-day operations and strategic direction of JD Bank. Dan L. Donald Jr., Interim President & CEO, will remain in his role as Chairman of the Board for JD Bank and JD Bancshares.
“Bruce is the right person to lead JD Bank into the future. With his vast community banking experience and leadership, he will be a vital asset to the JD Bank team,” said Dan L. Donald Jr., JD Bank Chairman of the Board. “He understands the unique needs and challenges of community banks and we are fortunate to find a leader with Bruce’s talent and experience.”
For the past two years, Elder has served as the Strategy Officer and the President of North Carolina Banking for CresCom Bank. He joined CresCom in November 2017 as a result of CresCom’s acquisition of First South Bank headquartered in Washington, NC. He served as the President and CEO of First South from September 2012 through October 2017 and helped guide the bank through a period of high growth and profitability.
“I have spent most of my professional career working for community banks and the opportunity to join the team at JD Bank is exciting and the possibilities numerous as the banking environment in Louisiana has been recently disrupted by two large bank mergers,” said Elder. “I look forward to helping Louisiana’s Community Bank to grow profitably and efficiently while continuing to honor the community bank values upon which JD Bank was founded.”
Prior to joining First South, Elder spent 13 years as the Chief Financial Officer for Crescent State Bank in Cary, NC. He helped form Crescent in 1998 and served on the executive management team as the bank grew from one location and $11 million in total assets to 15 locations and $1 billion prior to its acquisition by Piedmont Community Bank Holdings in November 2011.
He began his banking career in 1984 as an internal auditor working for two regional financial institutions. Elder also has two years of experience in external audit and tax preparation having worked in public accounting for bank and construction industry clients. He is a Certified Public Accountant licensed in the State of North Carolina and the Commonwealth of Virgina.
Elder is a 1984 graduate of North Carolina State University with a Bachelor’s degree in Accounting. He enjoys watching college football and basketball games, playing golf and tennis, riding bicycles and participating in community-sponsored events. He and his wife of 30 years, Sherry, currently live in Raleigh, NC and have three grown children, two grandchildren and a dog. Elder serves as a Director for the Beaufort County, NC Committee of 100 (an economic development organization) and is a member of Church on Morgan (United Methodist Church) and 100 Men Who Give a Damn (a funding vehicle for deserving not-for-profit organizations in Wake County, NC) in Raleigh, NC.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Lake Charles, La.- Chris Credeur, AVP/ A/R and Inventory Financing Department Manager, and Carnishia Davis, Universal Banker, of JD Bank in Jennings, successfully completed the 2019 Leadership School, “Growing our Next Generation of Leaders”, a six-month program that included online course work and five instructor-led sessions focused on developing leadership skills and enhancing knowledge in various areas of banking.
The program provided by the Louisiana Bankers Association and held in Baton Rouge at The Bankers Center, hosts students from all over the state. The 2019 session marked the 10th year of the program. The Louisiana Bankers Association is the professional trade association for commercial banks and thrifts in Louisiana. Founded in 1900, the LBA works to provide advocacy, communication, education and other services to its member institutions, and to provide banking information to the general public.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Jennings, La.- President Dan Donald and the JD Bank management team congratulate the following employees on their promotions and new assignments:
Rochelle Mallett has been promoted to VP/Regional Manager. Rochelle has over 24 years of banking experience where she has worked as a New Account Representative, Consumer Loan Processor, Commercial Loan Assistant, and Branch Manager/Consumer Lender. Rochelle will oversee seven (7) branches.
Angel Papadimitriou has been assigned to SVP/Training and Development Manager. Angel has over 40 years of banking experience, working most of that time in Retail Operations. In her new position, she will coordinate and facilitate training for new and current employees on the teller and new accounts software systems, along with providing training on policies and procedures. Angel will also administer the JD Bank Mentor Program, Continuing Education Training, as well as supporting bank operations.
Megan Forrester has been promoted to AVP/Branch Manager-Kirby Office. Megan has over 12 years of banking experience where she has worked as a Teller, New Accounts Representative, Loan Associate, Loan Review Associate and Assistant Branch Manager/Consumer Lender.
Ne Tanya Chevalier has been promoted to AVP/Credit Analyst – Kirby Office. Tan began her career with JD Bank in 2014 as a Management Trainee and has worked in various areas of the bank including Credit Analysis, Loan Ops, and Operations. Tan will be an addition to the existing credit analysis staff, whose primary function is to prepare credit packages for Board consideration.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Opelousas, La.- Elaina LeBlanc has been appointed AVP/Branch Manager of the Opelousas Branch, said JD Bank President & CEO Boyd R. Boudreaux. LeBlanc has more than 30 years in banking in Louisiana, and now she calls St. Landry Parish home. She was most recently employed by Hancock-Whitney Bank.
Boudreaux says LeBlanc’s appointment makes it possible for Tina Vidrine (who previously served as branch manager) time to focus on commercial lending through her vast network of customers in the Opelousas area. “Tina and Elaina make an incredible team in the Opelousas market. We are pleased to have someone with Elaina’s skillset and experience join our team of community bankers. She has held every position there is to hold at a bank branch,” Boudreaux added.
LeBlanc says she started as a “batch clerk,” recalling a time when she would validate each teller’s batch of transactions two times with a manual calculator. Since her early days in banking, LeBlanc has worked as a teller, also in loan review, credit analysis, commercial lending, and consumer lending. “
I love helping our customers, walking them through the steps of homeownership, opening their business, seeing their business grow, or just taking the time to understand their individual situation to help them get where THEY want to be,” said LeBlanc. “I’m so excited to join the team at JD Bank at the Opelousas Branch,” she added.
LeBlanc is very involved in community service, having volunteered for work with St. Landry-Evangeline United Way, Opelousas Boys and Girls Club, and Girl Scouts. Elaina has been married to her husband, Brent, for 21 years, and they have one son who attends high school in St. Landry parish.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Lake Arthur, La.- After an impressive 41-year career with JD Bank, Lake Arthur Branch Manager Vicki Ryder is retiring. A great cook, a spirited community volunteer known for her customer service, Ryder has been a fixture in community banking in Lake Arthur. “Congratulations to Vicki on her many successful years with us. She’s touched so many thousands of customers over four decades, we all will miss her, and we certainly hope she enjoys her well-deserved retirement,” said President & CEO Boyd R. Boudreaux. “We also welcome our newest member of the JD Bank team.”
Experienced community banker Connie Tregle has been appointed Lake Arthur branch manager. Before joining JD Bank, Tregle worked for almost 30 years in banking in both Cameron and Lake Charles. She moved to Lake Arthur after Hurricane Rita and embraces the role banks play in their community.
“My dad was a commercial shrimper and I appreciate the challenges and opportunities small businesses face every day. It’s our job to do what we can to help them be successful,” said Tregle. “I just love the feel of working for a community bank, where we are so family oriented. I’m excited to be part of growing community bank and I get to do my job right here at home in Lake Arthur,” added Tregle.
Tregle is a dedicated volunteer during Breast Cancer Awareness month and participates annually in fundraising for the Ethel Precht Breast Cancer Walk.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Lake Charles, La.- Marsha Williams, an experienced banker and Lake Charles native has been promoted to the position of Senior VP/Chief Credit Officer. Williams has worked for JD Bank for three years, most recently serving as manager of the Credit Analysis Department. She actually accepted her first banking position more than 27 years ago while a student at McNeese State University, where she earned a Bachelor of Science Degree in Accounting. Williams has years of experience in credit analysis/commercial loan underwriting and business relationship banking.
After 13 years in banking, Williams relocated from Lake Charles to Houston, where she worked for two of the country’s well-known regional banks. With the intent of being closer to family, she returned to Lake Charles, where her career eventually led her to lending/relationship banking experience with the nation’s largest bank. The opportunity to have more impact in the industry came in the form of a management position at JD Bank. “Working at a community bank allows you to have a true influence on the area in which you live and love,” Williams said. “It allows you to have a stronger impact on your community. Decisions are made locally, rather than in a large city, with the people you live with and work with on a daily basis and with the needs of those people in mind. At JD Bank, our customers and our community come first,” Williams added.
She also relishes the role of “mom” to her 14-year-old daughter MacKenzie and 11-year-old daughter Delaynie, students at St. Louis Catholic High School and St. Margaret in Lake Charles.
President & CEO Boyd Boudreaux said, “Marsha’s responsibilities will include loan operations for all loan processes, credit analysis involved with underwriting commercial loans, maintaining processes for real estate loans, and accounts receivable and inventory financing. Her experience in the credit analysis and lending divisions of both large and smaller banks will serve her and our customers well. We welcome Marsha as a valuable member of JD Bank’s Executive Management Team.”
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Lake Charles, La.- Sharon Mele, has been promoted to Consumer Credit Policy Manager after 17-years with Louisiana’s Community Bank. In this role Mele’s responsibilities include the development and implementation of credit and lending policies and working with the compliance team on fair lending practices.
Mele has more than 29-years of lending experience and previously served as Vice-President/Office Manager at the Sulphur and Kirby St. branches. “Sharon is one of our most versatile employees,” said President & CEO Boyd R. Boudreaux. “She has done an excellent job serving on what we call our ‘float staff,’ supporting Commercial Lenders, Commercial Loan Associates, Consumer Lenders and Consumer Loan Associates, and the Mortgage Lending staff,” Boudreaux added. Mele also created and implemented JD Bank’s first mentoring program and training for new lenders and loan associates.
“My passion is to serve our co-workers and the job they do every day with our customers,” Mele said. “My job is to make their job easier and to make the lending process as smooth as possible for anyone who applies for a loan with us.” Raised in Lake Charles, Mele is a graduate of LaGrange High School. She’s completed many of the American Banking Association’s continuing education courses for commercial and consumer lending.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Jennings, La.- Sara Huval, a 30-year Acadiana Banker has joined JD Bank as Chief Human Resources Officer. A Breaux Bridge native, Huval was hired by JD Bank first as a consultant on human resources matters, then as a full-time employee earlier this year. “We were very fortunate to find an employee with Sara’s talent and experience in both banking and human resources to join the JD Bank family,” said President & CEO Boyd R. Boudreaux. “Her duties will include recruiting, benefits management, employee relations and all other aspects of HR.”
Before her appointment, Huval worked at two Acadiana banks over a career that spans three-decades, serving more than 20 years in human resources. Huval has a Bachelor’s Degree in Personnel Management from the University of Louisiana-Lafayette.
“Our employees and my co-workers are the most caring and family-oriented people. We are all about customer service, and we truly care for our community. Did I mention, we work hard too!” added Huval. She’s also a proud mother of two and beams when her five grandchildren call her “Mee-Maw.”
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers personal and business banking services across Southwest Louisiana and Acadiana, and the latest in online and mobile banking. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
