SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
June 10, 1998
(Date of earliest event reported)
Community Federal Bancorp, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-27030 64-0869537
(State or other (Commission File Number) (IRS Employer
jurisdiction of Idenification No.)
incorporation)
333 Court Street, Tupelo Mississippi 38802
(Address of principal executive offices) (Zip Code)
601-842-3981
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
a. Not applicable
b. Not applicable
c. Exhibits:
99(a) Press Release, date June 10, 1998
Exhibit 99(a)
Press Release, dated June 10, 1998
Press Release
June 10, 1998
Contact: Jim Ingram
601-842-3981
For Immediate Release
COMMUNITY FEDERAL NAMES PRESIDENT
Tupelo, Miss -- Veteran Mississippi banker and civic leader H. Lewis
Whitfield has been named president of Tupelo-based Community Federal Savings
Bank and Community Federal Bancorp, Inc. As President, Whitfield will report
to Community Federal Chief Executive Officer Jim Ingram and will join the
Community Federal Board of Directors, said Medford Leake, Community Federal
Chairman of the Board, Whitfield's appointment will officially begin July 1.
Prior to joining Community Federal, Whitfield was president of Deposit
Guaranty National Bank - Tupelo from 1987 to March of this year. From 1973
to 1986, Whitfield was affiliated with the former First Citizens National
Bank, serving the last six years as president of that institution before it
merged with Deposit Guaranty. He began his career as a management consultant
with Peat, Marwick, Mitchell and Co. and later served as administrative
manager of Texas Senator Lloyd Bentsen's Washington Office. Whitfield also
served in the United States Army Military Intelligence Branch, where he was
awarded an Army Commendation Medal for service in Korea. He earned
bachelor's and master's degrees in business from Mississippi State University.
In tandem with his banking tenure, the 55-year-old Tupelo native brings a
wealth of community service experience to his new role. He currently serves
as chairman of the board of North Mississippi Health Services, Inc., the
Yocona Area Council of the Boy Scouts of America and United Methodist Senior
Services-Tupelo area. He also serves on the board of directors of CREATE
Foundation, United Way of Northeast Mississippi, the Community Relations
Association, the Community Development Foundation, the Tupelo Symphony
Orchestra and the Mississippi State University Alumni Foundation. He is a
past chairman of the Mississippi Economic Council, CDF, CREATE, Good
Samaritan Health Services and the Tupelo Symphony Orchestra. He is a past
president and founder of the Association for Excellence in Education and was
recognized in 1997 as AEE's "Advocate for Education."
"I am very pleased that Lewis Whitfield is joining Community Federal," said
Community Federal CEO Jim Ingram. "He brings years of experience while
serving as president of Deposit Guaranty and First Citizens National Bank.
He is a man of principle and unquestionable integrity. I respect Lewis as a
person, a leader, a motivator and involved citizen and I look forward to
working with him to enhance the effectiveness of Community Federal."
"We are delighted to have someone of Lewis Whitfield's caliber join us at
Community Federal," said Community Federal Chairman Medford Leake. "Our
foremost goals at our bank are to provide every customer with the very best
personalized service while providing our stockholders with good earnings.
We feel that Lewis Whitfield's experience in banking and his dedicated
service to many civic and charitable causes is proof that he believes as we
do. We believe that Lewis will make a significant contribution to Community
Federal and therefore to this area."
Community Federal was organized in 1933 and went public in 1996. It trades on
the NASDAQ market under the symbol of "CFTP".
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned therunto duly authorized.
Date: June 10, 1998 COMMUNITY FEDERAL BANCORP, INC.
By: (s) Jim Ingram
Jim Ingram, President and
Chief Executive Officer
By: (s) Sherry McCarty
Sherry McCarty, Chief
Finacial Officer