MEMPHIS - Kirk P. Bailey was appointed executive vice president, chief operating officer, and chief lending officer for Leader Federal Bank for Savings, which has $2.2 billion of assets. Ronald W. Stimpson will remain the thrift's president and CEO, as well as president and chief operating officer of Leader Financial Corp., the holding company.

Mr. Bailey joined Leader Federal in 1980 and has been as president of two of its subsidiaries: Leader Federal Mortgage and Leader Enterprises Inc. He will retain those responsibilities in his new post, which becomes effective Feb. 1, and will assume management of the thrift's retail banking division and commercial real estate lending division as well.

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.