On December 14, 2022, VWF Bancorp, Inc. (the Company), the holding company for Van Wert Federal Savings Bank (the Bank), appointed Michael D. Cahill to serve as the Company's President, effective January 1, 2023. He was also appointed to serve as a Director of the Company, effective January 1, 2023. He was appointed to the class of Directors whose terms expire in 2025. The Bank also appointed Mr. Cahill to serve as its President and a Director of the Bank, effective January 1, 2023. On December 14, 2022, Mark K. Schumm submitted his resignation as the Company's and the Bank's President, effective January 1, 2023.

The Bank appointed him to serve as its Chief Risk Officer, effective January 1, 2023.