Grand Financial savings Financial institution elects Tommy Coughlin to board of administrators

Oklahoma-based Grand Financial savings Financial institution (GSB) introduced Monday (Jan. 9) the election of Tommy Coughlin of Bentonville to its board of administrators. He replaces Lendell Bass, who’s retiring from the 10-member board.

Coughlin has labored within the banking business for almost 20 years and is GSB’s market president in Bentonville/Rogers. GSB maintains headquarters in Grove, Okla., however operates 10 of its 13 branches in Northwest Arkansas and the Fort Smith metro. Most members of the corporate’s management group are based mostly in Benton County, together with board chairman Tony Steele and vice chairman Tyler Steele, his son.

Bass joined the GSB board in 1994, the identical 12 months he grew to become a mortgage officer for the financial institution. He retired in 2016 however remained a board member till now.

In line with the most recent information obtainable from the FDIC, Grand Financial savings Financial institution had $833.5 million in property as of Sept. 30.