Quaint Oak Bancorp Appoints Director Ray S. Greenberg

What Happened

• Quaint Oak Bancorp, Inc. (QNTO) announced on September 9, 2026 that the Board appointed Ray S. Greenberg, CFP, as a director of the company effective that date. His initial term will expire at the Company’s 2029 annual meeting of shareholders. Mr. Greenberg was also appointed to the Company’s Audit Committee effective September 9, 2026.

• Mr. Greenberg has served on the Quaint Oak Bank Board since 2016 and previously served as an Advisory Board member of the company from May 2017 to September 2026. He owns a financial planning practice, Financial Expertise (Feasterville, PA), and has held the Certified Financial Planner designation since 1990. He currently chairs the Bank Board’s Directors’ Compliance Oversight Committee, Loan Committee and Pandemic Committee.

Key Details

• Appointment date: September 9, 2026; initial director term ends at 2029 annual meeting.
• Committee role: Appointed to the Company’s Audit Committee effective September 9, 2026.
• Experience: Member of the Bank Board since 2016; Advisory Board member May 2017–Sept 2026; CFP since 1990; owner of Financial Expertise.
• Governance/Conflicts: Company disclosed no arrangements, family relationships, or related-party transactions requiring disclosure under Regulation S‑K.

Why It Matters

• For investors, this is a board-level governance update: the company added a director with decades of financial-planning experience and existing ties to the bank subsidiary, and placed him on the Audit Committee, which oversees financial reporting and controls. The filing indicates no disclosed conflicts or related-party transactions, suggesting a routine governance appointment rather than a transaction-driven change.