Kidd to retire from Gillmor Financial, Old Fort Bank
George W. Kidd Jr. is retiring as vice chairman and director of Gillmor Financial Services Inc. and the Old Fort Banking Co. March 20 after more than 30 years as a bank director.
He most recently served on the bank’s audit, compliance and technology committees and served as chairman of the bank’s executive and compensation committees, according to a company news release.
“I want to express my deep appreciation for the opportunity to work with and benefit from so many talented individuals,” Kidd said in a news release. “Old Fort Bank has demonstrated great resiliency and strength over the last 30 years and I’ve never been more optimistic about its ability to serve the ever-changing needs of our community bank clients, while continuing to maintain Old Fort’s position as an industry leader.”
“George’s innovative thinking, deep understanding of risk, knowledge of the community banking environment, and overall business acumen have define his legacy,” said Michael C. Spragg, chairman, president and CEO of GFSI and OFBC, in the release. “We will miss George’s intellectual insight, and we thank him for his years of dedication and board leadership.”
President emeritus and professor of economics at Tiffin University, where he served for more than 20 years, Kidd was elected to the Old Fort Bank Co. board of directors in 1989. During his tenure, the bank grew from $73 million in assets to about $570 million is assets, the release said.
Kidd’s previous positions include president of Chancellor University, president of Myers University, vice president for business and finance at Mercyhurst University, administrative positions with the University of Pennsylvania, auditor of savings and loans with James T. Summers, CPA, and auditor of Gerard Bank.
He has a bachelor’s degree in finance and a master’s degree in business administration from Drexel University as well as a master’s degree in economic history from the University of Pennsylvania. He also received a certificate from the Institution of Educational Management at Harvard University. Honorariums include Baker College, Indiana Institute of Technology, University of Bucharest and Tiffin University.
Kidd has served as president of Seneca County United Way, president and board member for Tiffin Developmental Corp., board member for Seneca County Chamber of Commerce, board member for Mercy Health – Tiffin, president and board member for Pioneer Mill Restaurant, board member for Ohio Outdoor Advertising Inc. and president of Friedman Village Developer.
Established in 1916, Old Fort Banking Co. has assets of about $570 million and served Allen, Greene, Hancock, Sandusky, Seneca and Wood counties with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin Sugarcreek Township and Xenia.