ServBanc Holdco to acquire IF Bancorp for $89.8m.

ServBanc Holdco, an Arizona corporation and registered bank holding company for Servbank, agreed to acquire IF Bancorp, the holding company for Iroquois Federal, for $89.8m. “The combination of two storied franchises in Servbank and Iroquois Federal presents compelling opportunities for our communities, customers, employees, and shareholders. On behalf of our entire team, we are excited to welcome the Iroquois colleagues to the Servbank family,” Stavros Papastavrou, ServBanc Holdco and Servbank Chairman.