TEB BANCORP, INC. : Change in Directors or Principal Officers (form 8-K)
November 23, 2021 at 09:49 pm
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 23, 2021, the Boards of Directors of TEB Bancorp, Inc. (the
"Company") and The Equitable Bank, S.S.B. (the "Bank") appointed Rachelle
Marquardt as a director of each entity. Ms. Marquardt is expected to be
appointed to the Audit Committee and Compensation Committee of the Boards of
Directors. Ms. Marquardt is not a party to any transaction with the Company or
the Bank that would be required to be disclosed under Item 404(a) of Regulation
S-K.
TEB Bancorp, Inc. is a holding company that operates through its subsidiary, Equitable Bank, S.S.B. (the Bank). The Bank is a state-chartered savings bank providing a full range of financial services. The Bank grants commercial, residential and consumer loans, and accepts deposits from customers primarily in the Metropolitan Milwaukee area, which is in southeastern Wisconsin. The Bank engages in a variety of lending activities, including commercial, residential real estate and consumer transactions. The Bank focuses its lending activities on individuals, professionals and small to medium sized businesses. The Bankâs deposit accounts include checking, savings, money markets, certificate of deposits (CDs), retirement accounts (IRA), and health savings accounts. The Bankâs business banking deposit products include business checking, business savings, business money market, health savings account, and IOLTA and IBRETA. The Bank also offers personal and business online services.