<SEC-DOCUMENT>0000943374-20-000283.txt : 20200602
<SEC-HEADER>0000943374-20-000283.hdr.sgml : 20200602
<ACCEPTANCE-DATETIME>20200602101850
ACCESSION NUMBER:		0000943374-20-000283
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200528
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20200602
DATE AS OF CHANGE:		20200602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IF Bancorp, Inc.
		CENTRAL INDEX KEY:			0001514743
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35226
		FILM NUMBER:		20935891

	BUSINESS ADDRESS:	
		STREET 1:		201 E. CHERRY ST
		CITY:			WATSEKA
		STATE:			IL
		ZIP:			60970
		BUSINESS PHONE:		(815) 432-2476

	MAIL ADDRESS:	
		STREET 1:		201 E. CHERRY ST
		CITY:			WATSEKA
		STATE:			IL
		ZIP:			60970
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k_052820.htm
<DESCRIPTION>IF BANCORP, INC. FORM 8-K MAY 28, 2020
<TEXT>
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    <div style="text-align: center; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">FORM 8-K</div>
    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>
    <div><br>
    </div>
    <div style="text-align: center;">PURSUANT TO SECTION 13 OR 15(D) OF</div>
    <div style="text-align: center;">THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div><br>
    </div>
    <div style="text-align: center;">Date of Report (Date of earliest event reported): May 28, 2020</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><u>IF BANCORP, INC.</u></div>
    <div style="text-align: center;">(Exact Name of Registrant as Specified in Charter)</div>
    <div><br>
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            <div style="text-align: center;"><u>Maryland</u></div>
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            <div style="text-align: center;"><u>001-35226</u></div>
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            <div style="text-align: center;"><u>45-1834449</u></div>
          </td>
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            <div style="text-align: center;">(State or Other Jurisdiction</div>
            <div style="text-align: center;">of Incorporation)</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: top;">
            <div style="text-align: center;">(Commission File No.)</div>
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          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: top;">
            <div style="text-align: center;">(I.R.S. Employer</div>
            <div style="text-align: center;">Identification No.)</div>
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            <div><u>201 East Cherry Street, Watseka, Illinois</u></div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: bottom;">
            <div style="text-align: center;"><u>60970</u></div>
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          <td style="width: 65.38%; vertical-align: bottom;">
            <div>(Address of Principal Executive Offices)</div>
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          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: bottom;">
            <div style="text-align: center;">(Zip Code)</div>
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    <div><br>
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    <div>Registrant's telephone number, including area code: <u>(815) 432-2476</u></div>
    <div><br>
    </div>
    <div style="text-align: center;"><u>Not Applicable</u></div>
    <div style="text-align: center;">(Former name or former address, if changed since last report)</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
      following provisions (see General Instruction A.2. below):</div>
    <div><br>
    </div>
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            <div style="text-align: center;">&#9744;</div>
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          <td style="width: 91.51%; vertical-align: top;">
            <div style="text-align: justify;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
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          <td style="width: 8.49%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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          <td style="width: 8.49%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center;">&#9744;</div>
          </td>
          <td style="width: 91.51%; vertical-align: top;">
            <div style="text-align: justify;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
          </td>
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          <td style="width: 8.49%; vertical-align: top;">&#160;</td>
          <td style="width: 91.51%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center;">&#9744;</div>
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          <td style="width: 91.51%; vertical-align: top;">
            <div style="text-align: justify;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
          </td>
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          <td style="width: 8.49%; vertical-align: top;">&#160;</td>
          <td style="width: 91.51%; vertical-align: top;">&#160;</td>
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    <div>Securities registered pursuant to Section&#160;12(b) of the Act:</div>
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            <div style="text-align: center; font-weight: bold;">Title of each class</div>
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            <div style="text-align: center; font-weight: bold;">Trading</div>
            <div style="text-align: center; font-weight: bold;">Symbol(s)</div>
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          <td style="width: 0.98%; vertical-align: bottom;">&#160;</td>
          <td style="width: 43.94%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Name of each exchange on which registered</div>
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          <td style="width: 39.44%; vertical-align: top;">
            <div style="text-align: center;">Common Stock, par value $0.01 per share</div>
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            <div style="text-align: center;">IROQ</div>
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          <td style="width: 0.98%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center;">The NASDAQ Stock Market, LLC</div>
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    <div>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or
      Rule&#160;12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>
    <div>&#160;</div>
    <div>Emerging growth company&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div>&#160;</div>
    <div style="text-align: justify;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
      revised financial accounting standards provided pursuant to Section&#160;13(a)&#160;of the Exchange Act.&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
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    <div style="text-align: justify; font-weight: bold;">Item 5.02. <u>Departure of Directors or Certain Officers;
          Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</u>.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 12pt;"><font style="font-weight: bold; font-style: italic;">Employment
        Agreements with Walter H. Hasselbring.&#160; </font>On May 28, 2020, the Board of Directors of IF Bancorp, Inc. (the &#8220;Company&#8221;) and the Board of Directors of Iroquois Federal Savings and Loan Association (the &#8220;Bank&#8221;), the wholly owned subsidiary of the
      Company, each renewed their respective Employment Agreements (&#8220;Employment Agreements&#8221;) with Walter H. Hasselbring, III, the Chief Executive Officer and President of the Bank and the Company.&#160; This renewal will become effective on July 7, 2020, with
      the term of the Employment Agreements thereafter continuing until July 7, 2023.&#160; There were no material changes to the terms and conditions of the Employment Agreements.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt;"><font style="font-weight: bold; font-style: italic;">Renewal
        of Change in Control Agreements</font>.&#160; On May 28, 2020, the Board of Directors of the Bank also renewed for an additional year the executive change in control agreements (&#8220;Change in Control Agreements&#8221;) for Pamela J. Verkler, Senior Executive
      Vice President and Chief Financial Officer, Linda L. Hamilton, Executive Vice President and Chief Operating Officer and Thomas J. Chamberlain, Executive Vice President, so that the term, as renewed, shall be July 7, 2020 through July 7, 2022.&#160; There
      were no material changes to the terms and conditions of the change in control agreements.</div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
      by the undersigned, hereunto duly authorized.</div>
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          <td style="width: 41.32%; vertical-align: top;">&#160;</td>
          <td style="width: 5.77%; vertical-align: top;">&#160;</td>
          <td style="width: 52.91%; vertical-align: top;">
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">IF BANCORP, INC.</div>
            <div>&#160;</div>
            <div>&#160;</div>
          </td>
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          <td style="width: 41.32%; vertical-align: top;">
            <div style="text-align: justify; font-size: 12pt;">DATE: May 28, 2020</div>
          </td>
          <td style="width: 5.77%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">By:&#160;&#160; <br>
            </div>
          </td>
          <td style="width: 52.91%; vertical-align: top;">&#160;<u><font style="font-size: 12pt;">/s/ Walter H. Hasselbring, III</font></u><br>
          </td>
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          <td style="width: 41.32%; vertical-align: top;">&#160;</td>
          <td style="width: 5.77%; vertical-align: top;">&#160;</td>
          <td style="width: 52.91%; vertical-align: top;">
            <div style="text-align: justify; font-size: 12pt;">Walter H. Hasselbring, III</div>
          </td>
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        <tr>
          <td style="width: 41.32%; vertical-align: top;">&#160;</td>
          <td style="width: 5.77%; vertical-align: top;">&#160;</td>
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            <div style="font-size: 12pt;">President and Chief Executive Officer</div>
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