Harold Pursley, chairman of WCF Bancorp Inc.'s board, submitted his letter of retirement in accordance with the company's age limit restriction bylaws. The retirement will take effect Sept. 30.
Board member Thomas Hromatka was appointed to replace Pursley as chairman, effective May 24.
Additionally, President and CEO Stephen Mourlam announced his retirement, effective Jan. 1, 2019. Mourlam will remain a board member as elected at the company's annual meeting May 23.
Webster City, Iowa-based WCF Bancorp is the holding company of WCF Financial Bank.
