September 2, 2026
On September 1, 2026, Land of Lincoln Credit Union (“LLCU”), Decatur, Illinois, completed its purchase of substantially all the assets and assumption of substantially all the liabilities of Williamsville State Bank & Trust, Williamsville, Illinois, the wholly-owned subsidiary of WSB Financial, Ltd. Following the completion of the transaction, LLCU has approximately $500 million in assets and 15 branch locations across Illinois.
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August 26, 2026
On August 25, 2026, Gulf Winds Credit Union, Pensacola, Florida, announced that it had entered into a definitive agreement to acquire Madison County Community Bank, Madison, Florida, the wholly-owned subsidiary of Madison Community Bancshares Corporation.
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July 31, 2026
On July 30, 2026, Hanmi Financial Corporation, Los Angeles, California, the holding company for Hanmi Bank, completed a private placement of $55.0 million of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036.
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July 30, 2026
On July 29, 2026, CSB Financial Inc., Bethel, Ohio, completed its stock offering in connection with the mutual-to-stock conversion of Community Savings Bank. A total of 1,375,435 shares of common stock were sold at a price of $10.00 per share. CSB Financial also issued 27,500 shares of common stock to Community Savings Bank Foundation, Inc. CSB Financial’s common stock is quoted on the OTCQB Market under the symbol “CSBA”.
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July 24, 2026
On July 21, 2026, Rhinebeck Bancorp, Inc., Poughkeepsie, New York, the holding company for Rhinebeck 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 8,880,210 shares of common stock were sold in the offering at a price of $10.00 per share.
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