IF Bancorp, Inc. Appoints Walter H. Hasselbring III to the Board
December 01, 2015 at 04:37 pm EST
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On November 24, 2015, the board of directors of IF Bancorp, Inc. increased the number of directors on the full Board from 7 to 8, and appointed Walter H. Hasselbring III to the company's board. Mr. Hasselbring is the President and Chief Executive Officer of the Company. The Board of Directors of the company will not appoint Mr. Hasselbring to any committees of the company.
IF Bancorp, Inc. operates as a holding company for Iroquois Federal Savings and Loan Association (Iroquois Federal). The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of Iroquois Federal. Iroquois Federal operates as a federally chartered savings association. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in a range of loans. The Company offers a range of deposit accounts, including savings accounts, certificates of deposit, money market accounts, and commercial and personal checking accounts, among others. It also offers alternative delivery channels, including automated teller machines (ATMs), online banking and bill pay, and mobile banking with mobile deposit and bill pay. It conducts its operations in seven full-service banking offices, and a loan production and wealth management office in Missouri.