Routine Fed approval of a small Chicago thrift holding company structure. No market read, no tape impact. NOISE

What happened: The Federal Reserve Board approved two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., both of Chicago, Illinois, announced for release at 4:00 p.m. EST on November 09, 2026. Key numbers: Release date November 09, 2026, 4:00 p.m. EST. Why it matters: The 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 Federal Reserve Board approved two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., both of Chicago, Illinois, announced for release at 4:00 p.m. EST on November 09, 2026.

The 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.