---
schema_version: "secwatch.filing_event.v1"
accession: "0001367859-23-000120"
form_type: "8-K"
ticker: "CZWI"
cik: "0001367859"
company_name: "Citizens Community Bancorp Inc."
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T19:50:39.520386+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Citizens Community Bancorp annual meeting elects directors, approves auditor and say-on-pay

## Summary
- Michael Conner, Francis Felber, and Michael Swenson elected directors; Swenson received 3,797,670 votes for.
- Ratification of Eide Bailly as auditor approved: 8,555,094 for, 31,843 against.
- Non-binding advisory vote on executive compensation approved: 6,699,235 for, 290,168 against.
- Advisory vote on frequency: 6,619,157 favored every one year for future say-on-pay votes.
- Broker non-votes of 1,491,743 on director elections and say-on-pay proposals.

## SEC filing metadata
- accession: 0001367859-23-000120
- form_type: 8-K
- ticker: CZWI
- cik: 0001367859
- company_name: Citizens Community Bancorp Inc.
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/0001367859-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/czwi-20230620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001367859-23-000120
- JSON: https://secwatch.observer/filing/0001367859-23-000120.json
- Plain text: https://secwatch.observer/filing/0001367859-23-000120.txt

## Key facts
- Shareholder Votes
  Citizens Community Bancorp Inc. shareholders approved Advisory (non-binding) vote on the frequency of future votes on executive compensation at the 2023-06-20 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-20
  source text: Proposal 4 : Advisory (non-binding) vote on the frequency of future votes on executive compensation: The results of the advisory (non-binding) vote regarding the frequency of future votes on executive compensation were as follows: Every One Year Every Two Years Every Three Years Abstentions Broker Non-Votes 6,619,157 30,259 333,466 140,957 1,491,743
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/0001367859-23-000120-index.htm
- Shareholder Votes
  Citizens Community Bancorp Inc. shareholders approved Election of Directors at the 2023-06-20 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-20
  source text: On June 20, 2023, Citizens Community Bancorp, Inc. (the "Company") held its 2023 Annual Meeting of Stockholders (the "Annual Meeting").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/0001367859-23-000120-index.htm
- Shareholder Votes
  Citizens Community Bancorp Inc. shareholders approved Advisory (non-binding) vote on the executive compensation of the Company's named executive officers at the 2023-06-20 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-20
  source text: Proposal 3 : Advisory (non-binding) vote on the executive compensation of the Company's named executive officers: The Stockholders approved the advisory (non-binding) proposal regarding the compensation of the Company's named executive officers as disclosed in the Proxy Statement for the Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/0001367859-23-000120-index.htm
- Shareholder Votes
  Citizens Community Bancorp Inc. shareholders approved Ratification of the Appointment of the Company's Independent Registered Public Accounting Firm at the 2023-06-20 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-20
  source text: Proposal 2 : Ratification of the Appointment of the Company's Independent Registered Public Accounting Firm: The Stockholders approved the proposal to ratify the appointment by the Company's Audit Committee of Eide Bailly LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000120/0001367859-23-000120-index.htm

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