TEB Bancorp, Inc and The Equitable Bank, S.S.B. Announce Change of CFO
December 22, 2021 at 04:24 pm
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On December 21, 2021, the Boards of Directors of TEB Bancorp Inc. (the “Company”) and the Equitable Bank, S.S.B. (the “Bank”) appointed John Udvare as Chief Financial Officer of those entities, effective January 1, 2022. Mr. Udvare, age 57, is a Certified Public Accountant who joined the Bank in November of this year, most recently serving as Vice President, Treasurer and Controller. Mr. Udvare has over 36 years of banking experience including serving as President and Chief Financial Officer of Sunset Bank and Savings. This appointment has been made in connection with a request of Lauren Poppen, who currently serves as Chief Financial Officer, to modify her role at the Bank. Effective January 1, 2022, Ms. Poppen will serve as Assistant Vice President, Treasurer and Controller in order to provide her more flexibility in her schedule.
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.
TEB BANCORP, INC 
