July 21, 2022

On July 13, 2022, Van Wert Federal Savings Bank, Van Wert, Ohio, completed its conversion from the mutual form of organization to the stock form of organization.  Concurrently, VWF Bancorp, Inc., the newly formed holding company for Van Wert Federal, completed its initial public offering by selling 1,922,924 shares of its common stock at $10.00 per share.  VWF Bancorp’s common stock is listed on the OTCQB Market under the trading symbol “VWFB.”

Luse Gorman served as legal counsel to VWF Bancorp and Van Wert Federal in the transaction. The Luse Gorman team included Kip Weissman, Victor Cangelosi and Thomas Hutton.

VWF Bancorp has $157 million in assets and operates from its office in northwest Ohio.

Since 2000, Luse Gorman has been the leading law firm in the United States in mutual holding company transactions and mutual-to-stock conversions, based on number of transactions. Click here to learn more about our capital markets and corporate finance services.