WCF Bancorp, Inc. - FORM S-1 - EX-5 - March 9, 2016

Attached files

file filename
S-1 - S-1 - WCF Bancorp, Inc.d127679ds1.htm
EX-99.2 - EX-99.2 - WCF Bancorp, Inc.d127679dex992.htm
EX-10.5 - EX-10.5 - WCF Bancorp, Inc.d127679dex105.htm
EX-99.7 - EX-99.7 - WCF Bancorp, Inc.d127679dex997.htm
EX-16 - EX-16 - WCF Bancorp, Inc.d127679dex16.htm
EX-8.1 - EX-8.1 - WCF Bancorp, Inc.d127679dex81.htm
EX-4 - EX-4 - WCF Bancorp, Inc.d127679dex4.htm
EX-99.6 - EX-99.6 - WCF Bancorp, Inc.d127679dex996.htm
EX-99.1 - EX-99.1 - WCF Bancorp, Inc.d127679dex991.htm
EX-23.3 - EX-23.3 - WCF Bancorp, Inc.d127679dex233.htm
EX-2 - EX-2 - WCF Bancorp, Inc.d127679dex2.htm
EX-3.1 - EX-3.1 - WCF Bancorp, Inc.d127679dex31.htm
EX-3.2 - EX-3.2 - WCF Bancorp, Inc.d127679dex32.htm
EX-23.2 - EX-23.2 - WCF Bancorp, Inc.d127679dex232.htm
EX-10.3 - EX-10.3 - WCF Bancorp, Inc.d127679dex103.htm
EX-10.1 - EX-10.1 - WCF Bancorp, Inc.d127679dex101.htm
EX-1.1 - EX-1.1 - WCF Bancorp, Inc.d127679dex11.htm
EX-10.4 - EX-10.4 - WCF Bancorp, Inc.d127679dex104.htm
EX-10.2 - EX-10.2 - WCF Bancorp, Inc.d127679dex102.htm
EX-99.3 - EX-99.3 - WCF Bancorp, Inc.d127679dex993.htm
EX-21 - EX-21 - WCF Bancorp, Inc.d127679dex21.htm

Exhibit 5

LUSE GORMAN, PC

ATTORNEYS AT LAW

5335 Wisconsin Avenue, NW, Suite 780

Washington, D.C. 20015

 

 

Telephone (202) 274-2000

Facsimile (202) 362-2902

www.luselaw.com

WRITER’S DIRECT DIAL NUMBER

(202) 274-2000

March 9, 2016

The Board of Directors

WCF Bancorp, Inc.

401 Fair Meadow Drive

Webster City, Iowa 50595

 

  Re:

WCF Bancorp, Inc.

Common Stock, Par Value $0.01 Per Share

Ladies and Gentlemen:

You have requested the opinion of this firm as to certain matters in connection with the offer and sale of the shares of common stock, par value $0.01 per share (“Common Stock”) of WCF Bancorp, Inc. (the “Company”). We have reviewed the Company’s Articles of Incorporation, Registration Statement on Form S-1 (the “Form S-1”), as well as applicable statutes and regulations governing the Company and the offer and sale of the Common Stock. The opinion expressed below is limited to matters governed by Iowa and Federal law.

We are of the opinion that upon the declaration of effectiveness of the Form S-1, the Common Stock, when sold, will be legally issued, fully paid and non-assessable.

We hereby consent to our firm being referenced under the caption “Legal and Tax Matters” and to the filing of this opinion as an exhibit to the Form S-1.

Very truly yours,      

/s/ Luse Gorman, PC

LUSE GORMAN, PC 

WCF Bancorp, Inc. Reports