URSB Bancorp, Inc. 8-K

What Happened
URSB Bancorp, Inc. filed an 8-K on June 26, 2026 announcing the appointment of Michael L. Hammer to its Board of Directors, with his term beginning July 29, 2026 and serving in the class of Directors with terms expiring in 2026. United Roosevelt Savings Bank, the Company’s bank subsidiary, also appointed Mr. Hammer to its board with the same start date. Mr. Hammer will join the Company’s Audit Committee and Nominating/Corporate Governance Committee when his term begins.

Key Details

• Appointment announced via Form 8-K filed June 26, 2026; term start date: July 29, 2026.
• Mr. Hammer was recommended by investor Lawrence B. Seidman.
• Committee assignments: Audit Committee and Nominating/Corporate Governance Committee (effective July 29, 2026).
• Background: Chief Compliance Officer and Portfolio Manager at Veteri Place Corporation; Independent Registered Representative of LPL Financial; previously served on boards of HV Bancorp/Huntington Valley Bank and Simsbury Bank & Trust (served on audit committee).
• No related-party transactions involving Mr. Hammer exceeding $120,000 since the company’s last fiscal year.

Why It Matters
Board changes affect corporate governance and oversight. Mr. Hammer brings compliance, investment management, and prior bank board experience, and his placement on the Audit Committee could strengthen financial oversight. The filing also notes no material related-party transactions, which signals no disclosed conflicts of interest tied to this appointment.