FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
JD BANK EXPANDS BATON ROUGE LOAN AND DEPOSIT PRODUCTION OFFICE WITH ADDITION OF MARK JUNEAU III
Jennings, La.- JD Bank is pleased to announce that Mark Juneau III has joined our team as VP Commercial Lender in our combined loan and deposit production office located at 9026 Jefferson Hwy, Suite 402 in Baton Rouge. An experienced banker, Juneau will serve the personal and business financial needs of Baton Rouge and the surrounding region. “With over 25 years in banking, Mark is well versed in commercial lending and the needs of the Baton Rouge business community. Mark’s knowledge and experience make him a valuable addition to our talented lending team,” said Jimmy LeBlanc, EVP Chief Lending Officer.
A resident of Livingston Parish, Mark has worked in the Baton Rouge Market since 2009. He is an expert in helping businesses of varied backgrounds and sizes achieve financial stability and success. Mark is a 2004 graduate of Southeastern Louisiana University and a 2007 graduate of the ABA Commercial Lending School at Southern Methodist University in Dallas. He most recently served as VP Commercial Lender for United Community Bank.
Active in the community, he is a state and national board member of the Coastal Conservation Association and serves as president and banquet chairman of the Livingston Chapter. He is a member of Junior Achievement of Greater Baton Rouge and a proud U.S. Army veteran, serving overseas in Afghanistan in 2002.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana, and two combined loan and deposit production offices in the Northshore and Baton Rouge, Louisiana. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
9 Tips to Keep Your Back-to-School Budget on Track
Reposted from pennyhoarder.com
Back-to-school season comes around every year, but like the holidays, it has a tendency to sneak up on parents — and their bank accounts. With inflation and up-and-down gas prices, back-to-school is shaping up to be an even bigger budget challenge this year.
The National Retail Federation estimated last year that parents would spend a record average of $864 for back-to-school shopping for children in elementary, middle or high school and about $1,199 shopping for college-aged kids. That’s a lot of money for pencils and glue (and MacBooks).
If you don’t want to get caught off guard with hundreds of dollars in expenses, you’ll need to plan ahead and be a smart shopper. Here are nine strategies for reining in your back-to-school budget.
9 Tips to Keep Your Back-to-School Budget on Track
Assess what is needed
Establish a spending limit
Pad back-to-school shopping budget
Create a sinking fund for school supplies
Implement challenges to save money
Be a smart shopper
Figure out which expenses you can delay
Plan ahead for next year
Check for free or reduced-price back-to-school supplies
1. Assess What Is Needed
Start with the list of requested school supplies provided by your child’s teacher(s) or school district. Take inventory of what supplies you already have at home. Go through your kid’s dressers and closets to see what clothes and shoes still fit before going out to buy a new wardrobe.
When creating your list, don’t forget the costs that aren’t obvious. For example, will you need to buy uniforms or equipment for sports or other after-school activities? Will your child need a physical before heading back to school?
As you think through obvious back-to-school expenses, don’t forget school pictures, PTA fundraisers and book fairs.
2. Establish a Spending Limit
It’s important to create a spending limit you’re comfortable with and that covers the basics. Shopping for school supplies without a budget will only set you up for overspending.
Once you have your shopping list together, you can start pricing items, even if you don’t plan on actually buying anything until closer to the start of the school year. Create your budget based on regular retail prices rather than current sales. Overestimating your expenses will give you a little wiggle room when it’s actually time to shop.
After you’ve totaled up how much you expect to spend, do you have enough money? If not, you’ll have to adjust.
3. Pad Your Back-to-School Shopping Budget
Earning extra money always provides a little financial stress relief. That holds true for back-to-school season.
Ask your employer about picking up extra shifts or working overtime. Find a temporary side gig, like dog walking, delivering groceries or doing odd jobs via TaskRabbit.
If you have older children, you could have them chip in on a portion of their school expenses — especially if they’re asking for pricey, name-brand clothing and school supplies.
Talk to your teens about school shopping expectations. Have them share some of the cost of items that don’t fall within your budget.
Need some extra money? We’ve rounded up 25 of the best side hustles to boost your income.
4. Create a Sinking Fund for School Supplies
A sinking fund is a pool of money that you add to over time to break a large expense into more affordable chunks.
Let’s say you’ve estimated you’ll spend $800 for the back-to-school season, and you get paid four times before school starts. Each payday, you should set aside $200 in your sinking fund to cover the upcoming expenses.
If you take money from your existing savings to start the sinking fund now, you can take out less each paycheck.
Setting up a direct deposit or automatic transfer will help you save money in your sinking fund without even thinking about it.
A sinking fund is a pool of money that you add to over time to break a large expense into more affordable chunks.
5. Implement Challenges to Save Money
Saving money can be difficult, especially when you don’t have much time. Saving challenges can help you put aside more money than you’d think.
If you shop using cash, challenge yourself to save a certain denomination whenever it hits your wallet. Perhaps you save all the $5 bills you get as change.
If you typically pay for things with a debit card, your money-saving challenge could involve rounding up each purchase to the nearest $5 increment and putting that difference toward your school expense savings.
Or try a no-spend challenge. Implement a 30-day freeze on discretionary spending so you have more money to pay for school supplies and related gear.
Shutterstock
6. Be a Smart Shopper
Between now and the start of school, you’ll encounter enough sales promotions that it would be foolish to pay full retail price for anything.
In addition to taking advantage of great deals, here are some other smart back-to-school shopping strategies to keep in mind:
Buy generic
Compare prices online
Don’t snub discount shopping at thrift stores or the dollar store
Get items in bulk at warehouse stores, especially if you are buying for more than one child
Take advantage of coupons, rebate sites or cash-back apps
Sign up for emails to save a percentage at retail stores
The older your children get, the more opinionated they’ll probably be about what they want for the new school year. Talk to your kids about the cost of their school supplies and ask what is most important to them.
After identifying a couple select splurge items, find ways to get everything else for less. It’s a great way to teach your kids about how to budget.
7. Figure Out Which Expenses You Can Delay
You don’t always have to buy everything in time for the first day.
Your kids may not need new clothes right away, especially if the weather is still warm and they don’t have to wear fall clothes yet.
If you can, hold off a few weeks or more on buying the “fun” supplies, like new backpacks and lunchboxes. Retailers often will have great discounts after the back-to-school rush has died down and they are trying to get rid of that merchandise.
8. Plan Ahead for Next Year
Some schools don’t release supply lists until it’s too late to spend much time shopping around. Think ahead to what your student is likely to need next year, especially higher-priced items. For example, shop Fourth of July sales for clothes or for other items you know they’ll need in the future.
9. Check for Free or Reduced-Price Back-to-School Supplies
Some national retail stores like Verizon and JCPenney offer free back-to-school giveaways. Verizon provides a free backpack filled with school supplies, one per child, while supplies last.
Various nonprofit organizations operating at the local level like The Salvation Army provide back-to-school assistance programs. Check locally for programs through your public library, police department or city recreation center.
Another option is to ask other parents in your social circle if they have hand-me-downs or unused supplies your kid could use. Also, Buy Nothing groups can be a great resource for procuring the bulk of the school supply list without spending a penny
FOR IMMEDIATE RELEASE For more information contact: Bruce Elder (CEO) (337-246-5399) Paul Brummett (CFO) (337-246-5395) Website: www.jdbank.com
JD Bancshares, Inc. Reports Financial Results for Q2 2023
Jennings, La., July 20, 2023 (ACCESSWIRE) –JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank (the “Bank”), reports its unaudited financial results for the three and six-month periods ended June 30, 2023.
Net income for the three-month period ended June 30, 2023 is $3,216,519 or $0.94 per common share compared to $2,085,229 or $0.61 per common share for the linked quarter ended March 31, 2023 and $3,137,156 or $0.92 per share for the prior year quarter ended June 30, 2022. Pre-tax, pre-provision (PTPP) operating income for the quarter ended June 30, 2023 is $4,373,181, reflecting a 2% increase over the $4,282,092 for the linked quarter and 30% over the $3,373,737 for the prior year quarter. PTPP operating income excludes taxes, provision for credit losses, net gains or losses on the sale of other real estate owned (OREO), net losses on the sale of investment securities and other non-recurring revenue and expense items. The increase in current period PTPP operating income compared to both the linked and prior year periods is driven primarily by stronger interest income resulting from a higher volume of average loans outstanding at higher average yields and is partially offset by increased interest and non-interest expenses.
JD Bancshares, Inc. is the bank holding company of JD Bank, a state chartered bank headquartered in Jennings, Louisiana. JD Bank 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. (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\
FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
JD BANK WELCOMES GREGG QUINLAN TO NORTHSHORE LOAN AND DEPOSIT PRODUCTION OFFICE
Jennings, La.- JD Bank welcomes Gregg Quinlan to our team as VP Commercial Lender for our combined loan and deposit production office located at 1409 W. Causeway Approach in Mandeville. In this role Gregg will cultivate relationships throughout the Northshore, serving the personal and business financial needs of the region. “Gregg is a knowledgeable and experienced lender, with deep roots in the Northshore community. His entrepreneurial experience and expertise in all facets of banking make him the ideal fit for JD Bank.” said Jackelyn Gallo, SVP Regional Market Executive – Northshore/Baton Rouge.
With over 24 years of experience in the banking industry, Quinlan is well versed in all aspects of banking, specifically commercial and retail lending. He is an expert in helping individuals and businesses of varied backgrounds achieve financial stability and success. Quinlan is a graduate of De La Salle High School in New Orleans and Louisiana State University. He is also a 2005 graduate of the LSU Graduate School of Banking.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana, and two combined loan and deposit production offices in the Northshore and Baton Rouge, Louisiana. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
Hurricane Season begins June 1st! We encourage our JD Bank customers to prepare for hurricane season by assessing their home’s risk and developing emergency plans to protect against a potential storm.
Know your risk. FEMA’s map service center will show you the flood risk for your community, which helps determine the type of flood insurance coverage you will need since standard homeowners insurance doesn’t cover flooding.
Assemble an emergency kit. The emergency kit should include first aid supplies, a flashlight, extra batteries, at least three days of non-perishable foods and water, towels and a supply of any necessary medications. Stay informed of the storm’s path and progress by monitoring Wireless Emergency Alerts via text message and having a battery-powered radio or TV available.
Develop a family communications plan. Know how you will contact one another; how you will get back together, if separated; and what you will do in different situations. Having a plan can eliminate some of the stress and confusion.
Establish an evacuation route. Prior to a storm, contact your local American Red Cross to locate the shelter nearest you or download their Shelter Finder App. Identify the safest route to get there. Be sure to check if your local emergency shelter allows animals and family pets.
Safeguard your health. Ready.gov recommends the following tips to protect yourself and your family members from COVID-19 if staying in a shelter:
If you must go to a community or group shelter remember to follow the latest guidelines from the Centers for Disease Control and Prevention (CDC) for protecting yourself and family from COVID-19.
Be prepared to take cleaning items with you like soap, hand sanitizer, disinfecting wipes, or general household cleaning supplies to disinfect surfaces you may need to touch regularly.
Maintain at least 6 feet between you and persons not part of your immediate family while at the shelter [by avoiding crowds or gathering in groups] as much as possible.
Anyone over 2 years old should use a cloth face covering while at these facilities.
Secure your home. Outdoor furniture and other objects can pose a potential hazard. Turn off propane tanks and other utilities if instructed to do so by emergency personnel.
Protect financial documents. In the event of a disaster, you will need identification and financial documents to begin the recovery process. Safeguard important documents in a bank safety deposit box, computer storage devices (USB drive, CD/DVD), and/or waterproof storage containers, including:
Passports, driver’s licenses and other personal identification documents.
Social Security cards.
Property leases, deeds, mortgages and other related records (home and auto titles, etc.).
Know the details of your insurance policy. Talk with your agent to determine if you have adequate coverage or if you need to reassess your plan. This is especially important if your property’s flood map has changed.
The FEMA website, Ready.gov, offers tips on preparing for an emergency. FEMA offers a free app that is available for download through your smart phone. For more resources, visit the FEMA site: https://www.ready.gov/hurricanes.
Depending on the severity of the disaster, survivors may not have access to bank accounts or face disruption in employment. Survivors may also become targets for fraud, thereby making disaster recovery even more difficult. We have resources and information to help you recover financially after a disaster.
FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
JD BANK EXPANDS COMMERCIAL LENDING TEAM WITH THE ADDITION OF BROCK SULLIVAN
Jennings, LA – JD Bank is pleased to announce the addition of Brock Sullivan to our Commercial Lending Team. Sullivan will serve as AVP Commercial Lender in our Southwest Louisiana market and will be located at our 507 N. Main St. location in Jennings. “Brock is very familiar with this area of our footprint. His knowledge of agriculture, especially rice and crawfish, makes him a significant addition to our talented lending team,” said Jimmy LeBlanc, EVP Chief Commercial Banking Officer.
In his role as a commercial lender, Sullivan will work with business customers of all sizes to help them understand borrowing opportunities and banking services that can help them grow and increase profitability. He began his banking career in 2020 at First South Farm Credit as a Loan Officer and Branch Manager A graduate of Louisiana State University, Sullivan has a degree in Agriculture Business with a concentration in Finance.
Sullivan is an active member of the community, volunteering as a coach for South Lake Charles Little League and Upward Sports, as well as a member of Trinity Baptist Church. He enjoys golfing, hunting, fishing and spending time with his wife and three young children.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana, and two combined loan and deposit production offices in the Northshore and Baton Rouge, Louisiana. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
FOR IMMEDIATE RELEASE For more information contact: Bruce Elder (CEO) (337-246-5399) Paul Brummett (CFO) (337-246-5395) Website: www.jdbank.com
JD Bancshares, Inc. Declares Cash Dividend
Jennings, La., April 19, 2023 (ACCESSWIRE) – 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 April 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on May 5, 2023 to the shareholders of record on April 28, 2023.
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 22 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 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.
Contact:
Bruce Elder (CEO) 337-246-5399 Paul Brummett (CFO) 337-246-5395
FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
JD BANK ANNOUNCES PROMOTION OF CHAD L. HEBERT TO SVP REGIONAL MARKET EXECUTIVE
Jennings, LA – JD Bank is pleased to announce the promotion of Chad L. Hebert to SVP Regional Market Executive for Acadiana. In this role, Hebert will oversee all commercial banking activities in Eunice, Lafayette, Mamou, New Iberia, Opelousas, and Ville Platte. He will continue to work with customers as a Commercial Lender in New Iberia. “Chad is a talented Commercial Lender and his passion for community banking makes him the ideal leader of our Acadiana Market,” said Jimmy LeBlanc, Chief Commercial Banking Officer. “We look forward to the continued growth of this market under his leadership.”
Hebert has over 32 years of banking experience and has held numerous roles throughout his career in Collections/Recovery, as an Assistant Manager and as a Branch Manager. He has worked as a Commercial Lender for the past 22 years. Hebert is active in the Acadiana community by serving on the Board and as past Chairman of Goodwill Industries of Acadiana, the Acadiana March of Dimes Revenue Board, and past Board Member of Cadence of Acadiana. Hebert is a graduate of Leadership Iberia.
About JD Bank Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana, and two combined loan and deposit production offices in the Northshore and Baton Rouge, Louisiana. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
WENDY DUTEL JOINS JD BANK AS AVP CARLYSS BRANCH MANAGER
Jennings, LA – JD Bank is pleased to announce that Wendy Dutel has joined the JD Bank team as AVP Branch Manager of our Carlyss Office located at 4507 S. Hwy 27. Dutel brings over 20 years of banking and finance expertise to her new role. As Branch Manager, she will oversee daily branch operations and serve as a lender for the local community. “Wendy brings a wealth of financial knowledge to our team,” said Rochelle Mallett, SVP Regional Retail Manager. “Her connection to the community makes her the perfect fit to lead the Carlyss Office and provide quality banking services to the community.”
A McNeese State University graduate, Dutel began her career in finance in 1989 and her banking career in 2011. She has worked as a Financial Analyst for several large corporations and most recently served as a Branch Manager in Sulphur.
Active in the community, Dutel is a member of the Krewe of Cosmos, Sulphur Rotary Club, Lafayette Paddle Club, and the First United Methodist Church of Lake Charles. Dutel enjoys kayaking, antiquing and reading in her spare time.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD 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. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
FOR IMMEDIATE RELEASE Contact: Ann Barilleaux, JD Bank (337) 656-7326 ann.barilleaux@jdbank.com
JD BANK ANNOUNCES PROMOTION OF MISTY HEAROD TO VICE PRESIDENT TRUST OFFICER
Jennings, LA – JD Bank is pleased to announce the promotion of Misty Hearod to Vice President Trust Officer and Trust Department Manager. In her new role, Hearod is responsible for the management of JD Bank’s Trust Department, which consists of administering a large book of personal, medical, charitable, tribal, supplemental needs, asset preservation trusts, and Investment Agency accounts. She will also oversee the Trust Department’s administration of Corporate Employee Benefit Plans along with other retirement plans for individuals and businesses. Hearod joined JD Bank as a part-time teller in May 2003. She became a full-time employee of the Trust Department in August 2003.
“Misty brings a wealth of experience and knowledge in the trust arena, and we are pleased that she will provide the continuity of leadership to our Trust Department. We look forward to her fresh perspectives and ideas as to how JD Bank becomes better known for offering exceptional trust services,” said Bruce Elder, President and CEO.
Hearod is a lifelong resident of the Southwest Louisiana area and graduated from Iota High School in 1999. She is a 2017 graduate of the Cannon Financial Personal Trust School at Boston University.
About JD Bank
Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD 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. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.
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