GraceFinance · Source-backed public company research
Central Plains Bancshares, Inc. (CPBI)
Nasdaq · Finance, Insurance & Real Estate · Savings Institution, Federally Chartered
Core research established · 4/4 core data layers currently established
What Central Plains Bancshares, Inc. does
Central Plains Bancshares, Inc. Central Plains Bancshares, Inc. (the “Company” or “Central Plains Bancshares”) is a Maryland corporation and owns 100% of the outstanding common stock of Home Federal Savings and Loan Association of Grand Island (“Home Federal Savings”). On October 19, 2023, we completed our initial public offering of common stock in connection with the mutual-to-stock conversion of Home Federal Savings. The Company sold 4,130,815 shares of common stock at $10.00 per share in its subscription offering for gross proceeds of approximately $41.3 million. Since the completion of our initial public offering, we have not engaged in any significant business activity other than owning the common stock of and having savings deposits in Home Federal Savings.
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