IF Bancorp Files Definitive Proxy Statement for Annual Meeting

TL;DR

IF Bancorp's proxy statement is out for the annual meeting. Vote wisely.

AI Summary

IF Bancorp, Inc. filed its definitive proxy statement on October 16, 2024, for its annual meeting of stockholders. The meeting will be held at the administrative office of Iroquois Federal Savings and Loan Association. The filing is made under the Securities Exchange Act of 1934, with the fiscal year ending on June 30.

Why It Matters

This filing provides shareholders with crucial information regarding the upcoming annual meeting, including details about voting, proposals, and the company's governance, allowing them to make informed decisions.

Risk Assessment

Risk Level: low — This is a routine annual proxy filing with no immediate financial or operational risks indicated.

Key Numbers

• 0630 — Fiscal Year End (Indicates the end of the company's financial reporting period.)

Key Players & Entities

• IF Bancorp, Inc. (company) — Registrant
• Iroquois Federal Savings and Loan Association (company) — Meeting location
• October 16, 2024 (date) — Filing date
• June 30 (date) — Fiscal year end

FAQ

Key Financial Figures

• $80 million — th annual gross income of approximately $80 million. Mr. Cowan is very involved with indust

Filing Documents

• d875757ddef14a.htm (DEF 14A) — 357KB
• g875757dsp042.jpg (GRAPHIC) — 269KB
• g875757dsp043.jpg (GRAPHIC) — 165KB
• g875757g82x33.jpg (GRAPHIC) — 8KB
• g875757sp3.jpg (GRAPHIC) — 9KB
• g875757sp3a.jpg (GRAPHIC) — 5KB
• 0001193125-24-238022.txt ( ) — 987KB

executive compensation described in the proxy statement;

executive compensation described in the proxy statement; (4)To vote on a non-binding stockholder proposal recommending the sale of IF Bancorp, Inc. (the Company), if properly presented; and To transact such other business as may properly come before the meeting and any adjournment or postponement thereof. The Board of Directors unanimously recommends a vote FOR the election of all nominees, FOR ratification of the appointment of FORVIS MAZARS, LLP as the Companys independent registered public accounting firm, FOR the approval of the compensation of the Companys named executive officers as disclosed in the proxy statement, and AGAINST the stockholder proposal that is to be presented at the meeting. RECORD DATE To vote, you must have been a stockholder at the close of business on September 27, 2024. PROXY VOTING It is important that your shares be represented and voted at the meeting. You can vote your shares by completing and returning the proxy card or voting instruction card sent to you. Voting instructions are printed on your proxy or voting instruction card and included in the accompanying proxy statement. You can revoke a proxy at any time before its exercise at the meeting by following the instructions in the proxy statement. By Order of the Board of Directors Ashtyn Barrett Corporate Secretary October 16, 2024 Important Notice Regarding the Availability of Proxy Materials for the Stockholders Meeting to be Held on November 25, 2024: Our Proxy Statement, Proxy Card, Annual Report for the fiscal year ended June 30, 2024, and all other Proxy Materials are Available at [ http://www.edocumentview.com/IROQ ]. IF Bancorp, Inc. Proxy Statement This proxy the holding company for Iroquois Federal Savings and Loan Association (

: Gender Identity

Part I: Gender Identity Directors 1 7 1 1 7 1

: Demographic Background

Part II: Demographic Background African American or Black Alaskan Native or Native American Asian Hispanic or Latino Native Hawaiian or Pacific Islander White 1 7 1 6 Two or More Races or Ethnicities LGBTQ+ Did Not Disclose Demographic Background 1 1 1 Proposal 1 Election of Directors The Board of Directors of IF Bancorp is presently composed of nine members. The Board is divided into three classes with staggered three-year terms, with approximately one-third of the directors elected each year. Director and Chairman of the Board Gary Martin, having reached the age limit established by the Board of Directors in the Companys bylaws, will retire on the date of the Annual Meeting. Effective as of the date of the 2024 Annual Meeting, the number of directors comprising the full Board of Directors will be reduced to eight. Two directors will be elected at the Annual Meeting to serve for a three-year period until their respective successors shall have been elected and shall qualify. The Nominating Committee of the Board of Directors has nominated the following persons to serve as directors for three-year terms: Joseph A. Cowan and Dennis C. Wittenborn, each of whom is a current director of the Company and the Association. It is intended that the proxies solicited by the Board of Directors will be voted for the election of the nominees named below unless other instructions are provided. If any nominee is unable to serve, the proxy committee will vote your shares to approve the election of any substitute proposed by the Board of Directors. Alternatively, the Board of Directors may adopt a resolution to reduce the size of the Board. At this time, the Board of Directors knows of no reason why any nominee might be unable to serve. The Board of Directors unanimously recommends a vote FOR the election of all nominees. 7 Information regarding the nominees and the directors continuing in office is provided below. Unless otherwise stated, each ind

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