The Board of Directors of KS Bancorp Inc., parent company of KS Bank Inc., jointly announced Jan. 4 an executive leadership plan of transition.
SMITHFIELD — The Board of Directors of KS Bancorp Inc., parent company of KS Bank Inc., jointly announced Jan. 4 an executive leadership plan of transition.
Effective immediately, Harold T. Keen, who has been president and CEO of KS Bank since July 1990 will transition to executive vice chairman of KS Bank. Keen will remain as president and CEO of KS Bancorp Inc.
Earl W. Worley Jr., who is currently serving as the bank’s chief operating officer of KS Bank will become president and CEO of KS Bank. Worley has 30 years of bank management experience and has been in his current role since 2010. Prior to being appointed as chief operating officer, Worley served as the bank’s chief financial officer from 1999 until 2010.
Dit L. Breault, who is currently the senior operations officer for KS Bank will become the chief operations officer and executive vice president of KS Bank. Breault has 29 years of banking experience and has been with KS Bank since July of 2021. Prior to coming to KS Bank, Breault served as chief compliance officer of a regional community bank.
Keen stated, “ It has been my honor to serve as president and CEO of KS Bank for the past 31 and a half years. I am also honored to be elected by the bank board to serve as executive vice chair. I plan to continue to concentrate my efforts on strategic planning for both the Bank and KS Bancorp, customer acquisition, and service to the community organizations of which I am a part.”
KS Bancorp Inc. is a Smithfield-based single bank holding company. KS Bank Inc., a state-chartered savings bank, is KS Bancorp’s sole subsidiary. The bank is a full-service community bank serving the citizens of eastern North Carolina since 1924. The bank offers a broad range of personal and business banking products and services, mortgage products and trust services.
There are nine full service branches located in Kenly, Selma, Clayton, Garner, Goldsboro, Wilson, Wendell, Smithfield and Four Oaks. In addition, KS Trust Services has a presence in Waynesville and Wilmington.