Federal Reserve Board announces approval of two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc.

An official website of the United States Government Official websites use .govA.govwebsite belongs to an official government organization in the United States. Secure .gov websites use HTTPSAlock(LockLocked padlock icon) orhttps://means you've safely connected to the .gov website. Share sensitive information only on official, secure websites. The Federal Reserve Board on Monday announced its approval of two applications by Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., both of Chicago, Illinois. These approvals allow the banking organization to have a new top-tier holding company, MFB Bancorp, Inc., which would become a savings and loan holding company by acquiring Mutual Federal Bank, of Chicago, Illinois. For media inquiries, please email[email protected]or call (202) 452-2955.