--- title: "URSB director Michael L. Hammer withdraws from appointment" type: "News" locale: "en" url: "https://longbridge.com/en/news/293252556.md" description: "Michael L. Hammer, appointed director for URSB and United Roosevelt Savings Bank, withdrew from the position effective July 16, 2026. He cited ineligibility under LPL Financial policies due to the company's public status. The replacement information has not been disclosed." datetime: "2026-07-20T20:33:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293252556.md) - [en](https://longbridge.com/en/news/293252556.md) - [zh-HK](https://longbridge.com/zh-HK/news/293252556.md) generator: "portal-rs" --- # URSB director Michael L. Hammer withdraws from appointment **URSB director appointee Michael L. Hammer removed himself from appointment, citing ineligibility under LPL Financial policies.** Individual Michael L. Hammer Role Director (appointment to URSB and United Roosevelt Savings Bank) Type of Change Removed himself / Withdrew Effective Date July 16, 2026 Reason Ineligible to serve under LPL Financial policies due to Company’s status as a public company Replacement Info Not disclosed Background Details Independent Registered Representative of LPL Financial; appointment term was to begin July 29, 2026 (previously reported) Board/Committee Role Changes Not disclosed Original SEC Filing: URSB Bancorp, Inc. \[ URSB \] - 8-K - Jul. 20, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [LPLA.US](https://longbridge.com/en/quote/LPLA.US.md) ## Related News & Research - [LPL Financial client assets slip to $2.55 trillion in July 2026](https://longbridge.com/en/news/296530965.md) - [LPL Financial Group Managing Director Greg Gates reports disposal of 4,119 common shares for $1.46 million](https://longbridge.com/en/news/296648751.md) - [If You Invested $100 In LPL Finl Hldgs Stock 5 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/296410349.md) - [Analyst Jeff Schmitt Reiterates Buy on LPL Financial, Seeing Temporary Organic Growth Pause Before Acceleration in 2H 2026](https://longbridge.com/en/news/296541663.md) - [LPL’s Expanded Tech-Enabled Platform and Lower Minimums Might Change The Case For Investing In LPL Financial Holdings (LPLA)](https://longbridge.com/en/news/296004257.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**