Minneapolis, MN – (September 18, 2018) — Wipfli Corporate Finance Advisors, LLC (WCF) is pleased to announce the successful sale of its client, PFSB Bancorp, Inc., the holding company for Pigeon Falls State Bank (“the Bank”), to PF Investors, Inc.
Prior to the combination, the bank had approximately $75 million in assets. Terms of the transaction were not disclosed.
WCF Advisors served as the investment bank for PFSB Bancorp, Inc. and the Bank. Michael Warren of Ballard Spahr LLP was legal counsel.