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Commercial banks

FLAG Financial Corporation Appoints Ellison C. Rudd to Board of Directors

Strategic Insights

— 1 min read

FLAG Financial Corporation and First Federal Savings Bank of LaGrange announced the election of Ellison C. Rudd as a member of its board of directors, increasing its membership to 10 directors with two advisory directors. Rudd brings with him a wealth of experience, having served in various capacities prior to his career with FLAG Financial Corporation and First Federal Savings Bank of LaGrange. As chief financial officer and executive vice president, Rudd is well-equipped to provide strategic guidance to the board, leveraging his expertise in accounting and finance.

Key Takeaways:

  • Ellison C. Rudd was elected to the board of directors of FLAG Financial Corporation and First Federal Savings Bank of LaGrange, increasing the board's membership to 10 directors with two advisory directors.
  • Rudd serves as chief financial officer and executive vice president to the unitary thrift holding company and the bank, bringing over 15 years of experience in accounting and finance.
  • Rudd's background includes serving as director of Internal Audit at the Security Homestead Association, a $650 million thrift headquartered in New Orleans.
  • Rudd has also been associated with various other banks and accounting firms, including Peat, Marwick, Mitchell & Company.
  • Rudd serves as a director to the Boys & Girls Club of West Georgia and is treasurer of the LaGrange Noon Lions Club.
  • He is married to Cheryl Edwards and has four children, Elisa, Jill, Shelley, and Darwin.
  • The Rudds are members of the LaGrange Branch of the Church of Jesus Christ of Latter Day-Saints.

Statistics:

  • Rudd has over 15 years of experience in accounting and finance.
  • Rudd's background includes serving as director of Internal Audit at a $650 million thrift.
  • Rudd has been associated with various other banks and accounting firms.
  • The board of directors of FLAG Financial Corporation and First Federal Savings Bank of LaGrange has 10 directors with two advisory directors.

Sources:

  • BUSINESS WIRE, April 26, 1995
  • University of South Florida, Bachelor of Business Administration in Accounting and Finance, 1975
  • State of Florida, Certified Public Accountant, 1983

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