Lincoln Savings Bank has filed a notice of an exempt offering of securities to raise $33,500,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Lincoln Savings Bank is raising up to $33,500,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Lincoln Savings Bank
Since 1902, expertise has made Lincoln Savings Bank the bank of choice for thousands throughout the Midwest and beyond. Over 100 years later, we still provide an experience unlike any other because we are constantly focused on our customers: the people who make up the local communities. Through our support of non-profits, local education, athletics, local chambers and organizations that better our neighborhoods, we stand a head above the rest in that we dont just claim involvement, we back it up with passionate employee-owners who are constantly serving our communities. To further display our desire to give back and support local economies, we created the LSB Foundation in 2005 to support LSBs charitable giving tradition to the communities we serve. This Foundation has raised over $2.6 Million since inception and has received the National Community Bank Service Award and the Gift of the Heart Philanthropy Award. In addition, Lincoln Savings Bank has been awarded Americas SBDC Small Business Champion Award in 2017 for support of Iowas businesses. To better serve our customers and earn their business, we offer the convenience of mobile banking and mobile bill pay, the innovative technology of a personal financial management system, and the drive to ensure they are given the best care in all facets of their finances- all while providing the personal touch that can only be provided by a community bank. Experience over a centurys worth of our rich history and the many new and exciting stories being written right now and into the future. Lincoln Savings Bank is more than a bank.
To learn more about Lincoln Savings Bank, visit https://www.mylsb.com/
Lincoln Savings Bank Linkedin Page: https://www.linkedin.com/company/lincolnsavingsbank/
Contact:
Sean Willett, Chief Executive Officer
319-788-6441
https://www.linkedin.com/in/willetts/
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