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wcf bancorp inc (WCFB) Details

WCF Bancorp, Inc. operates as the savings and loan holding company for WCF Financial Bank that various banking products and services. The company accepts deposit accounts, such as statement savings, money market, and NOW accounts; and certificates of deposit. Its loan products include one-to-four family residential real estate loans; non-owner occupied one-to-four family residential real estate loans; commercial real estate loans; and consumer loans comprising new and used automobile loans, home improvement and home equity loans, recreational vehicle loans, and loans secured by certificates of deposits. The company also invests in securities. It operates one full-service branch in Independence, Iowa. WCF Bancorp, Inc. is based in Webster City, Iowa.

25 Employees
Last Reported Date: 03/29/19

wcf bancorp inc (WCFB) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: $169.7K
Executive Director
Total Annual Compensation: $222.0K
Compensation as of Fiscal Year 2018.
wcf bancorp inc
WCF Bancorp, Inc. and WCF Financial Bank Announces Management Changes

On May 28, 2019, Paul Moen retired as Chief Financial Officer of WCF Bancorp, Inc. (the ‘Company’) and of WCF Financial Bank (the ‘Bank’). On May 28, 2019, the Company appointed Michelle Zahn as Chief Financial Officer of the Company and the Bank. Prior to this appointment, from June 2016 until May 2019, Ms. Zahn served as Vice President, Finance and Treasury, of First American Bank.

Wcf Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019

WCF Bancorp, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced net interest income was USD 756,644 compared to USD 755,422 a year ago. Net loss was USD 15,223 compared to net income of USD 284,524 a year ago. Basic loss per share was USD 0.01 compared to basic earnings per share of USD 0.12 a year ago.

WCF Bancorp, Inc. Declares Cash Dividend, Payable on May 24, 2019

On April 24, 2019, the Board of Directors of WCF Bancorp, Inc. 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 May 10, 2019 and is expected to be paid on May 24, 2019.

 

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