Hoyne Bancorp Set to Debut on Nasdaq Under Ticker HYNE in Early December

Chicago fintech sector just got a new player. Hoyne Bancorp, Inc. completed its member vote to transform Hoyne Savings Bank from a mutual holding company into a stock-based structure, marking a major milestone in the company’s expansion strategy.

Key Highlights

The company wrapped up its subscription offering on November 5, 2025, with strong demand from depositors—the first-priority category was actually oversubscribed. Eligible account holders who placed orders by the deadline will have their shares allocated following the prospectus guidelines released on September 30, 2025.

Members also greenlit the establishment of Hoyne Charitable Foundation, Inc., which the company will fund as part of the conversion process. It’s a strategic move to build community goodwill alongside the structural shift.

What’s Next

The conversion and stock offering are on track to close in early December 2025, pending final regulatory sign-offs. Once that happens, Hoyne Bancorp’s common stock will start trading on The Nasdaq Capital Market under the symbol HYNE—a moment the banking community has been watching closely.

Here’s what matters for shareholders: the final share count will depend on a completed appraisal and regulatory approvals. Processing is ongoing, and allocation details will roll out as they become available. Unfulfilled subscription orders will be returned with interest once the conversion closes.

The Details

Keefe, Bruyette & Woods, Inc. (A Stifel Company) served as the selling agent and financial advisor. Legal counsel came from Vedder Price P.C. in Chicago and Breyer & Associates PC.

Investors should note: these shares are not FDIC-insured savings accounts. They’re equities and can fluctuate in value like any stock.

The company expects to share more details as final approvals come through. For subscription-related questions, the Stock Information Center is reachable at (844) 265-9679, Monday through Friday, 9 a.m. to 3 p.m. Central Time.