Edgewater Bancorp, Inc. announced that its Board of Directors has approved an initial distribution of $41.00 per share to its stockholders of record as of the close of business on November 8, 2021. The payment of the initial distribution will be initiated on November 9, 2021. This distribution will be made in accordance with the Company?s previously announced voluntary Plan of Dissolution that was approved by the Company?s stockholders at a special meeting of stockholders held on April 20, 2021. As further discussed below, the Company may make an additional distribution to stockholders.