ServBanc Holdco, Inc. Acquires IF Bancorp, Inc. and Iroquois Federal Savings and Loan Association

March 12, 2026

ServBanc Holdco, Inc. (the holding company for Servbank) completed its acquisition of IF Bancorp, Inc. (NASDAQ: IROQ) and its subsidiary Iroquois Federal Savings and Loan Association. The deal expands Servbank’s Illinois footprint into central Illinois and includes integration of Servbank’s subservicing platform, technology, and personnel. Former IF Bancorp branch offices will continue operating under the Iroquois Federal name until customer and data conversion is completed (anticipated in Q4 2026).

Buyers
ServBanc Holdco, Inc., Servbank, National Association
Targets
IF Bancorp, Inc., Iroquois Federal Savings and Loan Association, Iroquois Federal Savings and Loan Association (bank subsidiary referenced as “Iroquois Federal”)
Location
Illinois, United States
Transaction Type
Buyout

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