LEADER FEDERAL BANK for Savings, Memphis, has elected Kirk P. Bailey executive vice president, chief operating officer, and chief lending officer, effective Feb. 1.

Ronald W. Stimpson remains president and chief executive officer of the bank as well as president and chief operating officer of Leader Financial Corp.

Mr. Bailey has the posts of president of Leader Federal Mortgage and Leader Enterprises Inc., which are bank subsidiaries.

In addition to his current reesponsibity as head of the mortgage banking division and bank's subsidiary, Leader Enterprises, Mr. Kirk will assume management of the retail banking division and the commercial real estate lending division.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.