- Sector
- Finance
- Industry
- Savings banks
- Address
- Kaukauna United States
- IPO Date
- Sep 25, 2024
- Business
- EWSB Bancorp, Inc. operates as the bank holding company for East Wisconsin Savings Bank, providing a comprehensive range of retail, commercial, and community banking products and financial services to individuals, families, small to medium-sized businesses, and nonprofit organizations primarily across the Fox Valley region of northeastern Wisconsin. The company offers deposit products and services, including personal and business checking accounts; interest-bearing checking and tiered savings accounts; Christmas Club savings accounts; money market deposit accounts; certificates of deposit spanning short- and long-term maturities; health savings accounts; and individual retirement accounts such as traditional and Roth IRAs. Its lending solutions encompass one- to four-family residential mortgage loans, including fixed-rate and adjustable-rate mortgages, home construction loans, and refinancing facilities; home equity loans and home equity lines of credit; commercial real estate and multi-family property loans; commercial term loans and business lines of credit; and consumer installment loans, vehicle loans, and personal lines of credit. In addition, the company provides digital and treasury support services, including online and mobile banking applications, mobile check deposit, electronic bill payment, peer-to-peer payment integration, debit and credit card issuance, Automated Clearing House processing, wire transfers, merchant services, cash management solutions, and safe deposit boxes. Founded in 1887 and headquartered in Kaukauna, Wisconsin, the institution delivers localized banking through full-service branch offices located in communities including Kaukauna, Appleton, and Kimberly. In recent corporate developments, the organization completed its mutual-to-stock conversion in September 2024, reorganizing from Wisconsin Mutual Bancorp, MHC into a Maryland-chartered stock holding company traded on the OTCQB market under the symbol EWSB, following the mutual termination of its planned combination with Lake City Federal Bank in late 2023. Furthermore, EWSB Bancorp has continued to optimize its capital structure and regulatory standing through equity financing initiatives, including the closing of a private placement offering of Series A Junior Non-Voting Participating Preferred Stock in July 2026.