---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-26-000126"
form_type: "8-K"
ticker: null
cik: "0001514743"
company_name: "IF Bancorp, Inc."
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:32:05.907438+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ServBanc completes acquisition of IF Bancorp for $26.40 per share in cash

## Summary
- Each IF Bancorp common share converted into $26.40 cash; contingent payment up to ~$1.51 per share possible if loan repaid.
- IF Bancorp common stock delisted from Nasdaq before open on March 13, 2026; Form 25 filed.
- All IF Bancorp directors and executive officers ceased; former CEO Walter H. Hasselbring III appointed to Servbank board.
- Merger closed March 12, 2026; Iroquois Federal Savings and Loan merged into Servbank.

## SEC filing metadata
- accession: 0000943374-26-000126
- form_type: 8-K
- cik: 0001514743
- company_name: IF Bancorp, Inc.
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514743/000094337426000126/0000943374-26-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514743/000094337426000126/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-26-000126
- JSON: https://secwatch.observer/filing/0000943374-26-000126.json
- Plain text: https://secwatch.observer/filing/0000943374-26-000126.txt

## Key facts
- Governance Changes
  IF Bancorp, Inc.: Articles of Incorporation ceased to be in effect upon merger consummation.
  - Change: charter amendment
  source text: Effective upon the consummation of the Merger, the Articles of Incorporation and the Bylaws of IF Bancorp ceased to be in effect.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514743/000094337426000126/0000943374-26-000126-index.htm
- M&A Transactions
  IF Bancorp, Inc. underwent a change of control involving ServBanc Holdco, Inc. for $26.40 in cash per share, plus potential contingent payment of approximately $1.51 per share from a $5,004,650 fund (closed 2026-03-12).
  - Action: change of control
  - Counterparty: ServBanc Holdco, Inc.
  - Consideration: $26.40 in cash per share, plus potential contingent payment of approximately $1.51 per share from a $5,004,650 fund
  - Closing: 2026-03-12
  source text: and into ServBanc, with ServBanc as the surviving entity. Under the terms of the Merger Agreement, each share of IF Bancorp common stock was converted into the right to receive $26.40 in cash (the “Merger Consideration”), based on the tangible common equity calculation of the IF Bancorp set forth in the Merger Agreement. At the Effective Time, each restricted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514743/000094337426000126/0000943374-26-000126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.