Michaels will oversee the bank's risk
architecture, maintaining its commitment to fair and safe lending
practices
LEAWOOD,
Kan., June 27, 2024 /PRNewswire/ -- First
Federal Bank of Kansas
City has hired Jenny
Michaels as its Chief Risk Officer, succeeding longtime
employee Mike Sidebottom who is
retiring after 42 successful years at First Federal. As Chief Risk
Officer, Michaels will continue the implementation of a robust risk
governance policy and strong internal controls that reflect First
Federal Bank of Kansas City's
dedication to reputable community banking.
"First Federal has long been known as a trustworthy and reliable
bank that meets our customers where they are and partners with them
to improve their financial well-being," said J.R. Buckner, Chief Executive Officer of First
Federal Bank of Kansas City. "I
look forward to the value Jenny will add to our strategic
opportunities while working to protect the interests of our
customers and helping people build a better financial future."
"I am excited for the opportunity to contribute to First
Federal's vision of bringing prosperity and a home for all,"
Michaels said. "The bank has a strong history of effectively
navigating risk and a solid reputation for providing best-in-class
products and services to the Kansas
City area. I look forward to providing operational and
regulatory guidance as the bank implements new technologies and
strategies that will lead to an even greater impact on the
financial wellbeing of the bank's customers and communities."
Michaels will be responsible for leading all aspects of the
bank's risk and compliance functions. She has 15 years of
experience in law and financial services and is an attorney
licensed in Missouri, Kansas and South
Carolina. Her legal experience includes representing
financial institutions in lender liability, foreclosure, employment
matters and vendor contract negotiations. Michaels has also served
in executive roles at three credit unions and as a member of the
South Carolina Board of Financial
Institutions.
Regarding Mike Sidebottom's
retirement, Buckner added, "The
First Federal family is incredibly grateful for Mike's hard work
and dedication. Mike has played a critical role developing the
bank's current risk management framework and served as a valued
leader. We will miss Mike's insights and wisdom and wish him the
very best."
About First Federal Bank of Kansas
City
Since 1934, First Federal Bank of Kansas City has pursued its mission of
"helping people build a better financial future" by creating
lasting customer relationships, through financial education, and a
commitment to community support. As a mutual bank, community growth
is company success. First Federal Bank offers retail banking
products and services, as well as consumer, mortgage, and
construction lending, serving more than 25,000 customers across 11
locations in the KC metro area and thousands of mortgage customers
nationwide. Member FDIC. Equal Housing Lender.
www.ffbkc.com
Media Contact:
Stuart Bilan | Marketing
Director
816.245.4363
firstfed@ffbkc.com
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SOURCE First Federal Bank of Kansas
City