URSB Bancorp: Director Nominee Michael Hammer Withdraws

What Happened
URSB Bancorp, Inc. reported in an 8‑K (filed July 20, 2026) that Michael L. Hammer removed himself from appointment as a Director of URSB Bancorp and its bank subsidiary, United Roosevelt Savings Bank. Mr. Hammer notified the company on July 16, 2026 that he is ineligible to serve under LPL Financial policies because of the company’s public company status. Mr. Hammer is an Independent Registered Representative of LPL Financial; his board term was scheduled to begin July 29, 2026 and was previously disclosed on June 26, 2026.

Key Details

• Notice date: July 16, 2026.
• 8‑K filing date: July 20, 2026.
• Mr. Hammer’s appointment term was to begin July 29, 2026; appointment was previously reported on June 26, 2026.
• Reason given: ineligibility under LPL Financial policies due to URSB’s status as a public company; Mr. Hammer is an Independent Registered Representative of LPL.

Why It Matters
This is a governance/board composition update—one nominated director withdrew before beginning his term. The filing does not report any financial impact. Retail investors should note the change when assessing board make-up and governance, and watch for any further announcements about replacements or board nominations.