JFBI » Topics » Directors Compensation

This excerpt taken from the JFBI DEF 14A filed Sep 19, 2005.

Directors’ Compensation

 

Directors’ Fees. Jefferson Federal pays a fee to each of its directors of $800 for each regular board meeting attended, plus a fee of $200 for attendance at special meetings of the board. The Chairman receives an additional fee of $1,000 per month. Committee members receive an additional fee of $100 per meeting attended. Directors of Jefferson Bancshares receive a retainer of $1,000 per quarter.

 

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