Atlantic Coast Financial Corporation Culture Company

Mr. John Kenneth Stephens, Jr. has been the Chief Executive Officer and President at Atlantic Coast Financial Corporation and also its subsidiary of Atlantic Coast Bank since October 31, 2013. Mr. Stephens served as Chief Lending Officer of the Central and North Florida affiliate banks at Fifth Third Bank NA from 2006 to 2011. He is a 23-year veteran of the banking and financial services industry. He began his career in 1986 with Wachovia Bank, N.A., where he started as a Regional Banking Officer and Relationship Manager and was responsible for originating and managing senior debt and ancillary service relationships with corporate clients and was ultimately selected to start and lead a leveraged finance group. He served as the President of Orlando, Florida-based Tower Bridge Capital, Inc. He has been a Director at Atlantic Coast Financial Corporation and Atlantic Coast Bank since October 31, 2013. Mr. Stephens holds an MBA in Corporate Finance and Capital Markets from the University of Notre Dame, Mendoza Graduate School of Business and a Bachelor of Arts from the University of South Carolina.

Mr. Marshall D. Stone has been Vice President and Controller at Atlantic Coast Bank and Atlantic Coast Financial Corporation since 2003. Mr. Stone served as Interim Principal Accounting Officer at Atlantic Coast Financial Corporation since October 21, 2013. He previously served as a Financial Analyst at Atlantic Coast Bank beginning in 1998. Mr. Stone served as Controller of Atlantic Coast Financial Corporation since 2003. Mr. Stone is a certified public accountant in Georgia.

Ms. Tracy L. Keegan has been the Chief Financial Officer and Executive Vice President of Atlantic Coast Financial Corporation since May 2015 and its subsidiary Atlantic Coast Bank since March 30, 2015. Ms. Keegan has been Principal Accounting Officer of Atlantic Coast Financial Corporation since May 2015. She has over 27 years of banking experience, including 15 years with The Prudential Banks, a multi-bank franchise wholly owned by Prudential Financial, Inc. She worked for First Southern Bancorp, Inc., headquartered in Boca Raton, Florida, starting in April 2012 as an Executive Vice President and served as both Chief Financial Officer and Chief Operating Officer. She served as the Chief Financial Officer, Chief Operating Officer and Executive Vice President of First Southern Bank since May 2012. Ms. Keegan served as Executive Vice President and Chief Financial Officer of Bank of Florida Corporation from January 1, 2006 to October 22, 2010. She served as Chief Administrative Officer of Bank of Florida Corporation since January 2010. She served as Executive Vice President and Chief Financial Officer of Florida Community Bank, N.A., since June 2011. She served as senior vice president and investor relations director for EverBank Financial Corporation in Jacksonville. Ms. Keegan served as the Chief Financial Officer for The Bankers Bank. She was based in the Atlanta, Georgia office, where she directed the finance departments of Community Financial Services Inc. She spent 15 years in executive management roles at The Prudential Banks, a multi-bank organization and a subsidiary of Prudential Financial, Inc., in Atlanta, Georgia. She served as Senior Vice President, Comptroller and Treasurer for Prudential Financial's three financial services companies. She served as a Member of the Board of Directors for Prudential Financial's three financial services companies. She is a member of the American Institute of Certified Public Accountants and the Financial Manager Society. In July 2014, Ms. Keegan was appointed as a member of the Florida State Board of Accountancy by Governor Rick Scott. Ms. Keegan attended the University of Alabama at Huntsville, Huntsville, Alabama and earned a Bachelor of Science in Accounting from the University of Phoenix.

Mr. Phillip S. Buddenbohm has been Chief Credit Officer and Executive Vice President of Atlantic Coast Bank since 2007. Mr. Buddenbohm has been Chief Credit Officer and Executive Vice President of Atlantic Coast Federal Corporation since 2013. Mr. Buddenbohm served Senior Vice President and Chief Risk Officer at Atlantic Coast Bank, a subsidiary of Atlantic Coast Federal Corporation since August 31, 2007. xHe served as Senior Vice President of Credit Administration at Atlantic Coast Bank from March 2005 to September 2007. He served as First Vice President in the Consumer Services Division of National Commerce Financial Corporation in Memphis where he has 17 years of experience in lending, credit administration and branch services.