ServBanc Finalizes IF Bancorp Acquisition, Delisting IROQ Stock

Key Takeaways

ServBanc Holdco, Inc. completed its acquisition of IF Bancorp, Inc. on March 12, 2026, a move that consolidates two Illinois-based banking institutions and ends public trading for IF Bancorp. The transaction underscores a strategic effort to merge community-focused banks while ensuring leadership continuity.

1. ServBanc Holdco, Inc. officially acquired IF Bancorp, Inc. in a transaction that closed on March 12, 2026.
2. The deal will result in the delisting of IF Bancorp's stock (ticker: IROQ) from the NASDAQ stock exchange.
3. Iroquois Federal CEO Walter Hasselbring will join the Servbank Board of Directors, signaling a commitment to retaining local leadership post-merger.