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Jeff Bank approved to convert to national charter, becoming Jeff Bank, National Association.

Company Fundamentals
10 Jun 2026
GlobeNewsWire
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Jeffersonville Bancorp's Jeff Bank received approval from the OCC to convert from a New York State charter to a national charter, changing its name to Jeff Bank, National Association. This change is expected to streamline regulatory oversight by consolidating examinations under the OCC, eliminating duplicative state and federal reviews, and providing federal preemption of state laws to improve competitiveness across state borders. The conversion will not affect customers' loan or deposit terms and is expected to have minimal impact on the bank's operations. The bank has six months to complete the conversion process, after which the OCC will be its primary regulator while the Federal Reserve remains the regulator for the holding company.

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