WESTBURY BANCORP, INC. (NASDAQ:WBB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 19, 2017, the Board of Directors of Westbury Bancorp, Inc. (the “Company”) approved an increase in the size of the Board from seven to eight directors and appointed Donald Murn to serve as a director of the Company until the next annual meeting of the Company’s shareholders.
Mr. Murn is an attorney and has been a partner in the law firm Axley Brynelson, LLP since 2012. Prior to 2012, he was a partner in Murn & Martin, S. C. Mr. Murn holds a Juris Doctor degree from Marquette University and a Bachelor of Arts degree from the University of Wisconsin – Madison.
About WESTBURY BANCORP, INC. (NASDAQ:WBB)
Westbury Bancorp, Inc. is the savings and loan holding company for Westbury Bank (the Bank). The Bank is a federally chartered savings bank. As of September 30, 2016, the Company conducted its business through its office located in West Bend, Wisconsin, seven branch offices in West Bend, Brookfield, Germantown, Hartford, Jackson, Kewaskum and Slinger, Wisconsin, and loan production offices in Madison and Appleton, Wisconsin. Its loans include commercial real estate loans, one- to four-family residential real estate loans, multifamily loans, commercial business loans, and construction loans and consumer loans, including home equity lines of credit and automobile loans. Its investment securities consist of the United States Government and Agency Obligations, Residential Mortgage-Backed Securities, Corporate Securities and Federal Home Loan Bank Stock. Deposits are the Company’s primary source of funds for use in lending and investment activities.
