Recent Updates — CPBI
On July 28, 2026, Central Plains Bancshares, Inc.'s Board of Directors approved submitting a new stock repurchase program for regulatory non-objection. The program authorizes the repurchase of up to 417,481 shares of common stock, representing approximately 10.0% of current outstanding shares, and will replace the existing program upon adoption. Central Plains Bancshares, Inc. is a financial holding company that operates Home Federal Bank, a federally-chartered savings association providing banking services through multiple branches in Nebraska.
On July 8, 2026, Home Federal Savings and Loan Association of Grand Island, a subsidiary of Central Plains Bancshares, Inc., entered into a change in control agreement with Bradley M. Kool, Executive Vice President and Chief Financial Officer. The agreement has an initial term of three years, with annual board performance evaluations to be conducted before October 24. In the event of a change in control or involuntary termination without cause, or resignation for good reason, Mr.. Kool will receive a lump-sum severance package including three times his base salary or highest annual cash bonus, plus 18 months of COBRA premium reimbursement. Central Plains Bancshares, Inc. is a bank holding company providing financial services through its wholly-owned subsidiary.
On July 7, 2026, Central Plains Bancshares, Inc. and its subsidiary, Home Federal Savings and Loan Association of Grand Island, appointed Dannel R. Garness and Francis Younes to their respective Boards of Directors. The appointment of Mr. Younes follows a proposal by the Stilwell Group, which also recommended a mandatory annual share repurchase of at least 10% of outstanding common stock if the stock trades below book value. Mr. Younes will be nominated for a three-year term at the 2026 Annual Meeting. Central Plains Bancshares, Inc. is a financial services company providing banking services.