On April 21, 2025, Marathon Bancorp, Inc., Wausau, Wisconsin, the holding company for Marathon Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. A total of 1,693,411 shares of common stock were sold at a price of $10.00 per share.  Marathon Bancorp’s common stock trades on the Nasdaq Capital Market under the symbol “MBBC.”

Luse Gorman served as legal counsel to Marathon Bancorp in the transaction. The Luse Gorman team included Benjamin Azoff, Jeffrey Cardone, Brendan Saxon and Trevor Kline.

Marathon Bancorp has approximately $217.9 million in consolidated assets and provides financial services from its main office and four branch offices located in Marathon, Waukesha and Ozaukee Counties, 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.