HomeTrust Bancshares, Inc. Announces Retirement of F.K. Mcfarland as Director
June 30, 2023 at 01:37 am IST
Share
HomeTrust Bancshares, Inc. announced on June 26, 2023, F.K. McFarland, III notified the company that he intends to retire as a director of the company at the time of the companyâs annual meeting of stockholders in 2024, assuming he is nominated for re-election, and is re-elected, at the companyâs 2023 annual meeting of stockholders. It is expected that, upon retiring as a director of the company.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. It also originates one-to-four family loans, SBA loans and HELOCs to sell to third parties. It invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation.