Exhibit 5
LUSE GORMAN, PC
ATTORNEYS AT LAW
5335 WISCONSIN AVENUE, N.W., SUITE 780
WASHINGTON, D.C. 20015
TELEPHONE (202) 274-2000
FACSIMILE (202) 362-2902
www.luselaw.com
WRITER’S DIRECT DIAL NUMBER
(202) 274-2000
June 14, 2017
Board of Directors
FFBW, Inc.
1360 South Moorland Road
Brookfield, Wisconsin 53005
Common Stock, Par Value $0.01 Per Share
Members of the Board:
You have requested the opinion of this firm as to certain matters in connection with the offer and sale, and contribution to FFBW Community Foundation, Inc. (the “Charitable Foundation”), of the shares of common stock, par value $0.01 per share (the “Common Stock”), of FFBW, Inc. (the “Company”). We have reviewed the Company’s proposed Charter, Registration Statement on Form S-1 (the “Form S-1”), as well as applicable statutes and regulations governing the Company and the offer and sale of the shares of Common Stock.
We are of the opinion that upon the declaration of effectiveness of the Form S-1, the incorporation of the Company and the due adoption by the Board of Directors of the Company (or authorized committee thereof) of a resolution fixing the number of shares of Common Stock to be sold in the Offering, the shares of Common Stock, when issued and sold and, in the case of the Charitable Foundation, contributed in the manner described in the Form S-1, will be validly issued, fully paid and non-assessable.
We hereby consent to our firm being referenced under the caption “Legal and Tax Matters” and to the filing of this opinion as an exhibit to the Form S-1.
| Very truly yours, | |
| | |
| /s/ Luse Gorman, PC | |
| Luse Gorman, PC | |