NOTICE OF APPLICATION TO TRANSFER DEPOSITS
(INCLUDING INSURED DEPOSITS) AND
VOLUNTARY DISSOLUTION
Notice is hereby given that Gold Coast Bank (the “Bank”), 1165 N. Clark Street, Suite 200, Chicago, Illinois 60610, has submitted an application to the Federal Deposit Insurance Corporation seeking consent to transfer substantially all of the assets and liabilities (including all deposit liabilities) of the Bank to Michigan State University Federal Credit Union (“MSUFCU”), 3777 West Road, East Lansing, Michigan 48823 (the “Purchase and Assumption”). Following such transfer, and to effect the surrender of its bank charter and its voluntary dissolution, the shell entity of the Bank will merge into an Illinois limited liability company that GC Bancorp Inc., the Bank’s parent company also located at 1165 N. Clark Street, Suite 200, Chicago, Illinois 60610, will form as a wholly-owned subsidiary. It is contemplated that all offices of the Bank will continue to operate following the Purchase and Assumption.
This notice is published pursuant to 12 U.S.C. § 1828(c) and 12 C.F.R. Part 303, Subpart D. Any person wishing to comment on this application may file his or her comments in writing with the Regional Director of the Federal Deposit Insurance Corporation at its Chicago Regional Office, 300 South Riverside Plaza, Suite 1700, Chicago, Illinois 60606, or via email to CHImailroom@FDIC.gov, with the subject “Public Comment to Gold Coast Bank, Chicago, Illinois, Bank Merger Act Application” not later than December 6, 2025. The non-confidential portions of the application are on file at the Chicago Regional Office and are available for public inspection during regular business hours. Photocopies of the nonconfidential portion of the application file will be made available upon request.
LSJ-11814174 11/06/2025 11/19/2025 12/01/2025