JESSICA T. CUMMINS - Corporate Board Profile

SECURITY FEDERAL CORP

Filing Date	Source Excerpt
2019-03-25	Jessica T. Cummins has been the Chief Financial Officer of Security Federal and the Bank since June 2014. Prior to that, she served as Treasurer of the Company since joining Security Federal and the Bank in 2007. Prior to 2007, Ms. Cummins was employed by Elliott Davis LLC in their financial services practice, specializing in financial institutions with an emphasis on publicly-traded companies. Ms. Cummins has a Masters of Accountancy from the University of South Carolina's Darla Moore School of Business where she graduated Summa Cum Laude and is a Certified Public Accountant. The Executive Committee, comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Verenes Lindburg, Harmon, Thomas and Cummins, meets on an as needed basis to handle matters arising between Board meetings. This Committee did not meet during the year ended December 31, 2018.
2022-04-08	Jessica T. Cummins served as the Chief Financial Officer of Security Federal and the Bank from June 2014 until June 2020. The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins assists the Board in fulfilling its oversight responsibilities. The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon is responsible for voting the proxies of Security Federal’s shareholders. The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins was formed to ensure that we maintain the highest standards and best practices in all critical areas relating to the management of our business. The following table shows the compensation paid to our directors for the year ended December 31, 2021, Jessica T. Cummins received $78,500 in fees.
2023-04-07	Jessica T. Cummins served as the Chief Financial Officer of Security Federal and the Bank from June 2014 until June 2020. Prior to that, she served as Treasurer of the Company since joining Security Federal and the Bank in 2007. Prior to 2007, Ms. Cummins was employed by Elliott Davis LLC in their financial services practice, specializing in financial institutions with an emphasis on publicly-traded companies. Ms. Cummins has a Masters of Accountancy from the University of South Carolina’s Darla Moore School of Business where she graduated Summa Cum Laude and is a Certified Public Accountant.
2024-04-08	Jessica T. Cummins served as the Chief Financial Officer of Security Federal and the Bank from June 2014 until June 2020. The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins. The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon. The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. Security Federal’s Bank Board of Directors Executive Committee is composed of Directors Verenes (Chairman), Toole, Alexander, Weeks Simmons, Lindburg, Moore, Clyburn, Harmon, Thomas and Cummins. The Loan Committee is composed of Directors Verenes (Chairman), Toole, Alexander, Weeks Simmons, Lindburg, Thomas, Moore, Clyburn, Harmon and Cummins. The Compensation Committee is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Trust Committee consists of Directors Verenes (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The Investment Committee consists of Directors Verenes (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The following table shows the compensation paid to our directors for the year ended December 31, 2023, except for those who are our named executive officers. Jessica T. Cummins: $85,300 total compensation.
2025-04-07	Jessica T. Cummins Age: 44 Role: Director of Security Federal and the Bank Committees: Executive Committee, Audit Committee, Compensation Committee, Proxy Committee, Nominating Committee, Loan Committee, Trust Committee, Investment Committee Compensation: $89,400 Excerpt: 'The Executive Committee, comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Verenes Lindburg, Harmon, Thomas, Cummins, Clyburn and Moore... The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins... The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins... The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon... The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins... Compensation: $89,400 (Fees Earned or Paid in Cash $89,400)'}},{