Tranche Update on Marathon Bancorp, Inc.'s Equity Buyback Plan announced on November 16, 2022.
May 12, 2023 at 07:02 am
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From January 1, 2023 to March 31, 2023, the company has repurchased 106,704 shares, for $1.18 million. With this, the company has completed the repurchase of 113,485 shares, for $1.26 million under the buyback announced on November 16, 2022.
Marathon Bancorp, Inc. is a mutual bank holding company with a wholly owned banking subsidiary, Marathon Bank (the Bank). The Bank offers traditional banking services, as well as specializing in commercial banking and mortgage banking services. Marathon Bank provides traditional deposit services, such as checking, savings, money market, certificates of deposit and individual retirement accounts. In addition, it offers residential, commercial and construction loans, mortgages, home equity loans and small business loans. Its suite of business banking services includes cash management products, deposit accounts and feature-rich online services. The Bank operates as a full-service financial institution with a primary market area, including Marathon County and Ozaukee County, Wisconsin. Its primary lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multi-family real estate and consumer loans.