WCF Bancorp, Inc. Announces Executive Changes; Declares Dividend, Payable on or About February 23, 2018
January 30, 2018 at 06:12 am EST
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On January 26, 2018, WCF Bancorp, Inc. announced the resignation of Dr. Leo Moriarty from the company's board of directors. The company also announced the appointments to the board of directors of Kasie Doering and of Heidi Tesdahl. Ms. Tesdahl was appointed to the Audit Committee; the Compensation Committee and the Nominating and Corporate Governance Committee, of which she will serve as Chairperson. On January 26, 2018, the company also announced the appointment of Stacy Johnson, to serve as the company's Chief Financial Officer. Since 2006, Ms. Johnson has taught accounting and business courses at Iowa Central Community College, Located in Fort Dodge, Iowa as well as teaching courses at Buena Vista University, located in Storm Lake, Iowa.
On January 26, 2018, the company declared a cash dividend on the company's common stock of $0.05 per share. The dividend will be payable to stockholders of record as of February 9, 2018 and is expected to be paid on or about February 23, 2018.
WCF Bancorp, Inc. is a holding company for WCF Financial Bank (the Bank). The Bank is a state-chartered non-member bank and regulated by the Federal Deposit Insurance Corporation (FDIC) and the Iowa Division of Banking and has deposit insurance through the FDIC. The Bank has full-service offices in Webster City, Independence and Tama, Iowa. The Bank provides banking services to its local respective markets. The Bankâs personal banking services include checking, including Kasasa Cash and Kasasa Cash Back; Money Market Accounts; Savings and certificate of deposits (CDs), including Kasasa Saver and Christmas Club; debit/automated teller machine (ATM) cards, credit cards, and loans. The Bankâs business banking services include business checking, business savings, business credit cards and business loans. Its agricultural banking includes agricultural checking, agricultural savings, agricultural credit cards and agricultural loans.