Form 8-K Waterstone Financial, For: Jun 29
Tweet
Share
E-mailUNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): June 29, 2020
WATERSTONE FINANCIAL, INC.
(Exact name of Registrant as specified in its charter)
|
Maryland
(State or Other Jurisdiction
of Incorporation)
|
001-36271
(Commission File Number)
|
90-1026709
(I.R.S. Employer Identification No.)
|
11200 W. Plank Ct, Wauwatosa, Wisconsin 53226
(Address of principal executive offices)
(414) 761-1000
Registrant's telephone number, including area code
Not Applicable
(Former Name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading
Symbol
|
Name of each exchange on which registered
|
||
|
Common Stock, $0.01 Par Value
|
WSBF
|
The NASDAQ Stock Market, LLC
|
|
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:
|
|
|
|
|
|
[ ]
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
|
|
[ ]
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
|
|
[ ]
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
|
|
|
|
|
[ ]
|
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 and 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 5.02 | Departure of Directors or Certain officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On June 29, 2020, Waterstone Financial, Inc. announced the resignation of Andy Peach as President and CEO of Waterstone Mortgage Corporation. Waterstone Mortgage Corporation is a wholly-owned subsidiary of WaterStone
Bank SSB, which, in turn, is a wholly owned subsidiary of Waterstone Financial, Inc. A copy of the press release is being furnished to the Securities and Exchange Commission as Exhibit 99.1 attached to this report and incorporated by reference.
Item 9.01 Financial
Statements and Exhibits
(d) Exhibits
Exhibit No. Description
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
|
Waterstone Financial, Inc.
|
|
|
|
|
Date: June 29, 2020
|
|
|
|
Name: William F. Bruss
|
|
|
Title: Chief Operating Officer
|
|
|
|
Exhibit 99.1
FOR IMMEDIATE RELEASE
Doug Gordon
Waterstone Mortgage Announces Resignation of Andy Peach, President & CEO
Pewaukee, Wisc. (June 29, 2020) – National mortgage lender Waterstone Mortgage Corporation today announced the resignation of Andy Peach from his position as President and Chief
Executive Officer.
Doug Gordon, WaterStone Bank President & Chief Executive Officer, commented, “We appreciate the contributions Andy made to Waterstone Mortgage and wish him well in his future endeavors. Our executive team is
comprised of accomplished leaders with extensive experience in the mortgage lending industry, and they will continue, as they have for many years, to guide and grow Waterstone Mortgage while we search for a new President & CEO.”
“It has been an honor and privilege to work with an exceptionally dedicated team of executives and hardworking employees,” said Peach. “Leaving Waterstone Mortgage is a difficult decision and not one that I take
lightly. I will truly miss being a part of the Waterstone family and I am grateful to have had the opportunity to lead such an exceptional company. The company’s strong leadership, financial stability from being bank owned, innovative mortgage
technology solutions, and exceptional customer service all combine together to create a great platform.”
Peach’s resignation is effective July 31, 2020.
In 2019, Waterstone Mortgage surpassed $2.9 billion in loan origination volume and helped more than 14,000 individuals and families purchase their homes or refinance their mortgage.
About Waterstone Mortgage Corporation:
Waterstone Mortgage Corporation is an innovative, strong, and secure mortgage lending company that has maintained a reputation for exceptional service and competitive mortgage financing. Founded in
2000, the company lends in 48 states.
In 2019, Waterstone Mortgage set a company record of nearly $3 billion in annual loan origination volume. The company has been named to the Milwaukee Journal Sentinel’s “Top Workplaces” list; the
Milwaukee Business Journal’s “Best Places to Work” list; National Mortgage Professional Magazine’s “Top 100 Mortgage Employers;” Mortgage Executive Magazine’s “Top 100 Mortgage Companies in America;” MReport’s “Top 25 Companies to Work For;”
and Scotsman Guide’s “Top Mortgage Lenders.” Waterstone Mortgage was ranked as the #2 company in Mortgage Executive Magazine’s “Top 50 Mortgage Companies to Work For” in 2018 and is a three-time Ellie Mae Hall of Fame Award winner.
Headquartered in Pewaukee, Wisconsin, Waterstone Mortgage is a wholly-owned subsidiary of WaterStone Bank SSB, which, in turn, is a wholly-owned subsidiary of Waterstone Financial, Inc. (NASDAQ:
WSBF). To learn more about Waterstone Mortgage, visit www.WaterstoneMortgage.com.
###
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Waterstone Financial (WSBF) Expands Share Buyback by 2M
- Agile Introduces Competitive Electronic Bidding on Fourth Month TBA Mortgage-Backed Securities
- Built environment thought leaders discuss pathways to circular economy at Tarkett's third annual Circularity Summit
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
