Luse Gorman Served as Legal Counsel to URSB Bancorp, Inc. in its $23.1 Million Conversion Stock Offering

March 30, 2026

On March 26, 2026, URSB Bancorp, Inc., Carteret, New Jersey, the holding company of United Roosevelt Savings Bank, completed its stock offering in connection with the conversion of United Roosevelt, MHC from a mutual holding company to a stock holding company.  A total of 2,314,375 shares of common stock were sold at a price of $10.00 per share.  URSB Bancorp’s common stock is quoted on the OTCQB Market under the symbol “URSB”.

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