TEB Bancorp, Inc has completed an IPO in the amount of $13.09547 million.
April 30, 2019 at 12:00 am EDT
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TEB Bancorp, Inc has completed an IPO in the amount of $13.09547 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,309,547
PriceRange: $10
Transaction Features: Bank Conversion
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.