Filing Analysis
Material Agreement
Filed Feb 19, 2026
LOW
Kentucky First Federal Bancorp disclosed that the OCC terminated its formal written agreement (dated August 13, 2024) with subsidiary First Federal Savings Bank of Kentucky on February 19, 2026. The bank is no longer in "troubled condition" and individual minimum capital requirements have been lifted. This is a materially positive regulatory development.
Key Facts
- OCC terminated formal written agreement dated August 13, 2024 with First Federal Savings Bank of Kentucky
- Bank is no longer considered in 'troubled condition' pursuant to 12 C.F.R. § 5.51(c)(7)(ii)
- Bank is now an 'eligible savings association' for purposes of 12 C.F.R. § 5.3
- Individual minimum capital requirements imposed in connection with the Agreement have been lifted
- First Federal Savings Bank of Kentucky is an indirect wholly-owned subsidiary of KFFB
- Original agreement was disclosed in 8-K filed August 15, 2024
- Signed by CEO R. Clay Hulette
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