leadership
confidence high
sentiment neutral
materiality 0.25
Director designate Michael L. Hammer withdraws before term start due to LPL policy
URSB Bancorp, Inc.
- Michael L. Hammer removed himself from appointment as Director of URSB Bancorp and its bank subsidiary, effective July 16, 2026.
- He cited ineligibility under LPL Financial policies because of the Company's public company status.
- Mr. Hammer is an Independent Registered Representative of LPL Financial.
- His appointment was previously reported on Form 8-K filed June 26, 2026, with term to begin July 29, 2026.
- No replacement director has been announced.