Mutual Holding Company

A Plan For Growth While Maintaining Our Mutuality

The Board of Directors of Eaton Federal Savings Bank (the "Bank") unanimously adopted a Plan of Reorganization (the "Plan") to reorganize from a mutual bank to a mutual holding company form of organization (the "Reorganization"). As part of the Plan, the Bank will become a Federal stock savings bank, which will be wholly owned by Eaton Federal Stock Holding Company (the "Stock Holding Company"), which will be wholly owned by Eaton Federal Mutual Holding Company (the "Mutual Holding Company").

What changes will occur as a result of the Reorganization?

No changes are planned in the way we operate our business for our members. The Reorganization will have no effect on the staffing, products or services we offer.

Mutual Holding Company FAQs Mutual Holding Company FAQs (79 KB)

Your Vote is Very Important

Your Board of Directors urges you to vote "FOR" the Plan. If you have more than one account, you may receive more than one proxy, depending on the ownership structure of your accounts. Please support us by voting all proxy cards received in the mail.

3 Ways to Vote

  1. Mail

    Vote, sign, date and return each Proxy Card you received in the enclosed Proxy Return Envelope.

  2. Phone

    With the unique control number indicated on each Proxy Card you received, call 844-254-8899.

  3. Online

    With the unique control number indicated on each Proxy Card you received, visit https://fs8.formsite.com/LHProxy/EFSB/index.html

Special Meeting Details

The Special Meeting of Depositors will be held at 9 a.m. on March 23, 2020 at Eaton Federal Savings Bank's Charlotte branch.

Additional Information

For additional information, please call our Proxy Information Hotline at 844-528-73-51, Monday through Friday from 9 a.m. to 6 p.m.