July 21, 2021
On July 14, 2021, 1895 Bancorp of Wisconsin, Inc., Greenfield, Wisconsin, the holding company for PyraMax Bank, FSB, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. A total of 3,542,000 shares of common stock were sold in the subscription offering at a price of $10.00 per share. The Company’s common stock trades on the Nasdaq Capital Market under the symbol “BCOW.”
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July 20, 2021
On July 14, 2021, Magyar Bancorp, Inc., New Brunswick, New Jersey, the holding company for Magyar Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.
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July 19, 2021
On July 14, 2021, Cullman Bancorp, Inc., Cullman, Alabama, the holding company for Cullman Savings Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.
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July 16, 2021
On July 15, 2021, Blue Foundry, MHC, Rutherford, New Jersey, completed its conversion from the mutual holding company to the stock holding company form of organization. Concurrently with the conversion, Blue Foundry Bancorp (the "Company"), the newly formed holding company for Blue Foundry Bank, completed its initial public offering selling 27,772,500 shares of its common stock at $10.00 per share. The Company also contributed 750,000 shares of common stock and $1.5 million in cash to Blue Foundry Charitable Foundation, Inc., a charitable foundation formed in connection with the conversion. The Company’s common stock trades on the Nasdaq Global Select Market under the trading symbol "BLFY."
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July 15, 2021
On July 14, 2021, Mineola Community Mutual Holding Company, Mineola, Texas, completed its conversion from the mutual holding company to the stock holding company form of organization. Concurrently with the conversion, Texas Community Bancshares, Inc. (the "Company"), the newly formed holding company for Mineola Community Bank, S.S.B., completed its initial public offering. The Company sold 3,207,759 shares of its common stock in the offering at $10.00 per share. The Company also contributed 50,000 shares of common stock and $75,000 in cash to the TCBS Foundation, Inc., a charitable foundation formed in connection with the conversion. The Company’s common stock trades on the Nasdaq Capital Market under the trading symbol "TCBS."
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