On January 18, 2017, Thomas J. Hromatka was appointed to the boards of directors of WCF Bancorp, Inc. and its subsidiary, WCF Financial Bank. There are no arrangements or understandings between Mr. Hromatka and any other person pursuant to which Mr. Hromatka became a director. Mr. Hromatka has been appointed to the Information Technology Committee of the board of directors and it has not been determined on what other committees of the boards of directors, if any, Mr. Hromatka will be appointed.