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Company Description (as filed with the SEC)
IF Bancorp, Inc. ("IF Bancorp" or the "Company") is a Maryland corporation formed in March 2011 to become the holding company for Iroquois Federal Savings and Loan Association ("Iroquois Federal" or the "Association"). On July 7, 2011, the Company completed its offering of common stock in connection with Iroquois Federal's mutual-to-stock conversion, selling 4,496,500 shares of common stock at $10.00 per share, including 384,900 shares sold to Iroquois Federal's employee stock ownership plan with funds borrowed from IF Bancorp, and raising approximately $45.0 million of gross proceeds. In addition, the Company issued 314,755 shares of its common stock to the Iroquois Federal Foundation. The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of Iroquois Federal. The Company's most significant asset is its investment in Iroquois Federal. ... More ...