URSB Bancorp Inc

URSB Bancorp, Inc. (OTCQB: URSB) is the stock holding company of United Roosevelt Savings Bank, a savings bank headquartered in Carteret, New Jersey, that completed its conversion from a mutual holding company structure to a stock holding company form of organization through a public offering in March 2026. The company raised approximately $23.1 million in gross proceeds through the sale of 2,314,375 shares of common stock at $10.00 per share in connection with its initial public offering, with the proceeds contributed to the bank to strengthen its capital position and fund future lending and growth activities. URSB Bancorp's common stock began trading on the OTCQB Venture Market under the ticker symbol URSB on March 27, 2026, providing the bank's former mutual depositor-members and new investors with a public trading venue for its shares.<br><br>United Roosevelt Savings Bank provides a full range of retail banking services to individuals and businesses in Carteret, New Jersey and surrounding communities, including deposit products (certificates of deposit, money market accounts, savings accounts, interest-bearing and noninterest-bearing checking accounts) and a variety of loan products (one-to-four-family residential mortgage loans, commercial real estate loans, commercial and industrial loans, multi-family loans, and other lending products). Carteret is a borough in Middlesex County, New Jersey, positioned within the densely populated New York metropolitan area, providing United Roosevelt Savings Bank with access to a substantial consumer and business banking market with strong demographic fundamentals and significant demand for community banking services. Community savings banks operating in the New York metro corridor serve a diverse customer base including established working-class neighborhoods, small businesses, and the immigrant communities that have historically relied on neighborhood savings institutions for accessible financial services.<br><br>URSB Bancorp, Inc. files periodic reports with the Securities and Exchange Commission and is subject to regulatory oversight by the Office of the Comptroller of the Currency as a federally chartered institution, as well as Federal Reserve oversight as a registered bank holding company. As a recently converted community savings bank holding company, URSB Bancorp is in the early stages of its public company life cycle, establishing investor relations practices, deploying its IPO capital productively through loan originations and asset growth, and building the track record that will define its identity as a publicly traded New Jersey community banking institution serving the greater New York metropolitan area.