ServBanc, IF Bancorp receive regulatory approvals to complete merger

ServBanc and IF Bancorp (IROQ) announced that they have received all requisite regulatory approvals to complete their pending merger and the merger of their subsidiary banks. ServBanc Holdco and IF Bancorp expect to complete the proposed transaction in the first quarter of 2026, subject to the satisfaction of customary closing conditions, including the receipt of IF Bancorp shareholder approval. IF Bancorp is scheduled to hold a special shareholders’ meeting on February 3 to vote on the transaction.