Website: N/A
Stock Symbol: NASDAQ: KFED
Market Value: N/A (in millions)
K-Fed Bancorp (or the “Company”) is a federally-chartered stock corporation that
was formed in July 2003 as a wholly-owned subsidiary of K-Fed Mutual Holding
Company, a federally-chartered mutual holding company, in connection with the
mutual holding company reorganization of Kaiser Federal Bank (or the “Bank”), a
federally chartered stock savings association. Upon completion of the mutual
holding company reorganization in July 2003, the Company acquired all of the
capital stock of the Bank. On March 30, 2004, the Company completed a minority
stock offering in which it sold 5,686,750 shares, or 39.09%, of its outstanding
common stock to eligible depositors of the Bank in a subscription offering. The
remaining 8,861,750 outstanding shares of the Company’s common stock are owned
by K-Fed Mutual Holding Company.
K-Fed Mutual Holding Company is subject to regulation by the Office of Thrift
Supervision.