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EX-99.1 - EXHIBIT 99.1 - Citizens Community Bancorp Inc.ex991newbkdirs.htm



SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

__________________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  November 9, 2018

CITIZENS COMMUNITY BANCORP, INC.
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction of incorporation)
                        

001-33003
 
20-5120010
(Commission File Number)
 
(I.R.S. Employer I.D. Number)

2174 EastRidge Center, Eau Claire,
Wisconsin
 
 
54701
(Address of Principal Executive Offices)
 
(Zip Code)

715-836-9994
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
 o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
 o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
 o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
 o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933. (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter.)
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨






Item 8.01     Other Events.
On November 9, 2018, Citizens Community Bancorp, Inc. (the “Company”) issued a press release announcing that Citizens Community Federal National Association (“CCF Bank”), a wholly-owned subsidiary of the Company, appointed Michael R. Conner and Kathleen S. Skarvan to the CCF Bank board of directors.

Mr. Conner currently serves as the Executive Director of PESI, Inc., a non-profit continuing education provider, and as President of TBG Holdings LLC, a commercial real estate company. Mr. Conner has over 40 years of business experience in retail, insurance and marketing and continuing education. He is active in the business education programs at the University of Wisconsin - Eau Claire, where he serves on the Management Advisory Board for the College of Business and Department of Management and Marketing, and the Chippewa Valley Technical College. Mr. Conner holds undergraduate and graduate degrees in business from the University of Wisconsin - Eau Claire.

Ms. Skarvan currently serves as the Chief Executive Officer and President of Electromed, Inc. and serves on its board of directors. Ms. Skarvan joined Electromed, Inc. in December 2012 as Chief Executive Officer, became a director in November 2013 and was appointed to the additional position of President in August 2015. Ms. Skarvan served as Vice President of Operations at OEM Fabricators from November 2011 until October 2012. Prior to her position with OEM Fabricators, Ms. Skarvan served in various roles at Hutchinson Technology Incorporated, most recently as the President of the Disk Drive Components Division from April 2007 until March 2011. She has served on the Board of Trustees of the St. Cloud State University Foundation since June 2015. Ms. Skarvan has a bachelor’s degree from St. Cloud State University.

A copy of the related press release is attached hereto as Exhibit 99.1.


Item 9.01     Financial Statements and Exhibits.








SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
CITIZENS COMMUNITY BANCORP, INC.
 
 
 
Date: November 9, 2018
 
By:
 
/s/ James S. Broucek
 
 
 
 
James S. Broucek
 
 
 
 
Chief Financial Officer