Crest Savings Bank President and CEO Jay Ford is set to retire, effective Jan. 3, 2018.

Current Senior Vice President and CFO Anthony DeSalle will assume the top post at the Wildwood, N.J.-based bank as of that date and will also become a director.

Ford will continue as a board member upon his retirement.

The bank is a unit of Crest Savings Bancorp Inc. Its ultimate parent is Crest Savings Bancorp MHC.