Oconee Federal Financial Corp. (Nasdaq: OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $946 thousand, or $0.17 per diluted share, for the quarter ended March 31, 2020, compared to net income of $952 thousand, or $0.16 per diluted share, for the quarter ended March 31, 2019. For the nine months ended March 31, 2020, net income was $3.0 million, or $0.52 per diluted share compared to net income of $2.7 million, or $0.47 per diluted share, for the nine months ended March 31, 2019.

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