Articles from PFS Bancorp, Inc.

PFS Bancorp, Inc. (the “Company”) (OTCQB: PFSB), the holding company for Peru Federal Savings Bank, announced today it has authorized additional repurchases for up to 155,693 shares of Company common stock. This new authorization is in addition to the initial repurchase program for up to 172,500 shares authorized in December 2024, which is still ongoing. The shares authorized under the new authorization represent approximately 10% of the shares that would be outstanding assuming completion of the initial repurchase program.

PFS Bancorp, Inc. (the “Company”) (OTCQB: PFSB), the holding company for Peru Federal Savings Bank, announced today it has authorized a stock repurchase program for up to 172,500 shares of its common stock, representing 10% of shares currently outstanding.

PFS Bancorp, Inc. (the “Company”), the holding company for Peru Federal Savings Bank (the “Bank”), announced today the completion of the Bank’s conversion from the mutual form of organization to the stock form of organization and the Company’s related stock offering, effective as of the close of business today. The Company’s common stock is expected to be quoted on the OTCQB Market operated by the OTC Markets Group beginning on October 18, 2023 under the ticker symbol “PFSB”.

PFS Bancorp, Inc. (the “Company”), the proposed holding company for Peru Federal Savings Bank (the “Bank”), announced today that all final regulatory approvals have been received to complete the Bank’s conversion from the mutual form of organization to the stock form of organization and the Company’s related stock offering. The Bank’s members approved the conversion and stock offering at a Special Meeting of Members held on September 28, 2023.

PFS Bancorp, Inc. (the “Company”), the proposed holding company for Peru Federal Savings Bank (the “Bank”), announced today the commencement of its stock offering in connection with the Bank’s proposed conversion from the mutual form of organization to the stock form of organization. The Company and the Bank have received all requisite regulatory approvals and authorizations to commence the stock offering.