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materiality 0.10
First Seacoast Bancorp amends director age limit: must leave by Dec 31 of year turning 70
First Seacoast Bancorp, Inc.
- Board amended Bylaw Article II, Section 12(b) to require directors to retire by Dec 31 of the year they turn 70.
- Previously, directors could serve until term expiration after turning 70; now they must leave earlier.
- Amendment adopted Feb 23, 2023; same change made to First Seacoast Bank's Bylaws.
- No financial impact; governance update only.