URSB Bancorp Appoints Raymond Vanaria to Bank Board
$URSB · URSB Bancorp, Inc.Research Summary
AI-generated summary of this SEC filing
URSB Bancorp Appoints Raymond Vanaria to Bank Board
What Happened
URSB Bancorp, Inc. filed an 8-K (reported Sep 17, 2026) disclosing that its wholly owned bank subsidiary, United Roosevelt Savings Bank, appointed Raymond J. Vanaria, CPA to the bank’s Board of Directors. The appointment was announced on September 16, 2026, and Mr. Vanaria’s term begins October 28, 2026. He was recommended to the board by investor Lawrence B. Seidman.
Key Details
- Appointment announced Sep 16, 2026; 8-K filed Sep 17, 2026.
- Mr. Raymond J. Vanaria, CPA; term begins Oct 28, 2026.
- He is a member of Malesardi, Quackenbush, Swift & Company, LLC (public accounting firm) in Englewood, NJ.
- Mr. Vanaria has prior board experience with other publicly traded community banks; recommendation came from investor Lawrence B. Seidman.
Why It Matters
This is a governance update for URSB’s subsidiary bank—adding a CPA with accounting and community bank board experience may strengthen financial oversight and board expertise. The change affects the bank’s board composition (not the holding company’s executive team) and is relevant to investors tracking management, governance, and oversight at the subsidiary level.