Magnolia Bancorp, Inc., the holding company for Mutual Savings and Loan Association, announced that the Association has successfully completed its conversion from a federally chartered mutual savings and loan association to a federally chartered stock savings and loan association as of the end of business on January 14, 2025. The common stock of the company is expected to start trading on the OTCQB Market with the ticker symbol "MGNO" from January 15, 2025. Additional details can be found in the press release dated January 14, 2025.
For clarity: - Company: Magnolia Bancorp, Inc. - Association: Mutual Savings and Loan Association - Ticker Symbol: MGNO - OTCQB Market: Operated by the OTC Markets Group