other material
confidence high
sentiment positive
materiality 0.50
URSB Bancorp subscription offering oversubscribed; valid orders exceed $23.1M max
URSB Bancorp, Inc.
- Subscription offering oversubscribed in third priority category; valid orders exceeded $23,143,750 adjusted maximum.
- Depositors approved Plan of Conversion at special meeting on February 26, 2026.
- Closing remains subject to final regulatory approval and other customary conditions; expected closing date TBD.
- Company will issue press release when final regulatory approvals and closing date are established.