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Federal Reserve Approves Two Applications by Chicago's Mutual Federal Bancorp and MFB Bancorp

Monday, November 9, 2026 · Finance · GSM News

The Federal Reserve Board on Nov. 9 announced its approval of two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., both of Chicago, Illinois.

These approvals allow the banking organization to have a new top-tier holding company, MFB Bancorp, Inc., which would become a savings and loan holding company by acquiring Mutual Federal Bank, of Chicago, Illinois.

The announcement was released at 4:00 p.m. EST on Nov. 9.

(Source: Federal Reserve Board)

Source: Federal Reserve Board

Published by GSM · USA (original Chinese edition)

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