Security Federal Announces CEO and CFO Retirement; Promotes Internal Leaders

Security Federal (SFDL) announced that its CEO J. Chris Verenes and CFO Darrell Rains will retire on July 10, 2026. Philip Wahl II has been promoted to CEO, while Nathan Crowe becomes CFO of both the company and Security Federal Bank.

By Sara Sethiya, SA News Editor · Seeking Alpha · June 4, 2026, 21:13 UTC

Security Federal Announces CEO and CFO Retirement; Promotes Internal Leaders

Topics: CEO Retirement CFO Appointment Leadership Change

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