Larson leaving Waterstone Financial

Waterstone Financial Inc., the holding company for Wauwatosa-based WaterStone Banks SSB, announced Richard C. Larson, its chief financial officer, will resign on Feb. 7.

Waterstone completed the process of changing from a bank mutual holding company to a fully public stock holding company on Jan. 22.

WaterStone Bank is now a wholly owned subsidiary of the new Waterstone Financial Inc. holding company.

“We would like to thank Rich for his 23 years of service with the company,” said Doug Gordon, president and chief executive officer of Waterstone Financial. “Rich helped us successfully navigate our financial reporting through the completion of our conversion from mutual-to-stock form, and contributed to the financial soundness that we currently enjoy. We wish him well in his future endeavors.

“Rich will remain with the company for the next two weeks to assist with our year-end financial reporting. We expect to complete the process for hiring his replacement during this time period, and we appreciate the assistance he will provide.”

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