Jeffersonville Bancorp (JFBC) Wayne Zanetti Becomes CEO

January 6, 2009 6:01 PM EST

The Board of Directors of Jeffersonville Bancorp (Nasdaq: JFBC) appointed Wayne V. Zanetti as President and Chief Executive Officer of the Company and The First National Bank of Jeffersonville, the Company’s wholly owned subsidiary, effective as of January 1, 2009.

Mr. Zanetti was also appointed to the Board of Directors of the Company and the Bank. Also effective January 1, 2009, John A. Russell was appointed as Senior Vice President and Chief Financial Officer of the Company and the Bank. Mr. Zanetti replaces Mr. Raymond Walter, who retired as President and Chief Executive Officer of the Company and the Bank effective December 31, 2008. Mr. Walter remains a member of the Board of Directors.

Mr. Zanetti has served as Executive Vice President and Chief Operating Officer of the Bank since March 2006. He was previously the Operations Division Manager of the Bank. Mr. Zanetti has also served as a Vice President of the Company since April 2003. Mr. Zanetti joined the Bank in March 1999.

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Jeffersonville Bancorp acts as the bank holding company for The First National Bank of Jeffersonville (the Bank).

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