JEFFERSONVILLE – Jeffersonville Bancorp, the single-bank holding company for Jeff Bank, held its Annual Stockholders Meeting at the Town of Callicoon Town Hall on Tuesday, April 22.
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JEFFERSONVILLE – Jeffersonville Bancorp, the single-bank holding company for Jeff Bank, held its Annual Stockholders Meeting at the Town of Callicoon Town Hall on Tuesday, April 22.
The financial information presented by the executive management team, which included net income of $11,330,000 in 2024, was well received by the 50 shareholders in attendance.
“The Company had another financially successful year in 2024,” stated George W. Kinne, Jr., President and CEO. “Not only are we very grateful for our shareholders and customers for their continued trust but also for our employees, who continue to provide exceptional, personalized service, which remains the key to the Company’s success.”
Jeff Bank is Sullivan County’s oldest community bank, having served the community for 112 years.
Last year marked the third year in a row that Jeff Bank reported record earnings.
At the meeting, the Company’s stockholders re-elected David W. Bodenstein, George W. Kinne, Jr., Kenneth C. Klein, and Frederick W. Stabbert, III to three-year terms as directors.
They also ratified the appointment of S.R. Snodgrass as the Company’s independent public accounting firm.
The bank operates ten branches in Sullivan and Orange counties, including Jeffersonville, Liberty, Livingston Manor, Anawana Lake Road in Monticello and Forestbrugh Road in Monticello, White Lake, Wurtsboro, Port Jervis, Eldred and Callicoon.
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