On September 20, 2024, Wisconsin Mutual Bancorp, MHC, Kaukauna, Wisconsin, completed its conversion from the mutual holding company to the stock holding company form of organization.  Concurrently, EWSB Bancorp, Inc., the newly formed holding company for East Wisconsin Savings Bank, completed its initial public offering by selling 752,538 shares of its common stock at $10.00 per share.  EWSB Bancorp’s common stock is listed on the OTC Market under the trading symbol “EWSB.”

Luse Gorman served as legal counsel to East Wisconsin in the transaction. The Luse Gorman team included Kip Weissman, Zachary Davis and Max Seltzer.

EWSB Bancorp has approximately $268 million in assets and operates from its five full-service banking offices located in Kaukauna, Appleton, Freedom, Kimberly and Grand Chute, Wisconsin.

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.