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
September 7, 2018
Board of Directors
1895 Bancorp of Wisconsin, Inc.
7001 West Edgerton Avenue
Greenfield, Wisconsin 53220
Re: | 1895 Bancorp of Wisconsin, Inc. |
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 1895 Bancorp of Wisconsin Community Foundation (the “Charitable Foundation”), of the shares of common stock, par value $0.01 per share (the “Common Stock”), of 1895 Bancorp of Wisconsin, Inc. (the “Company”). We have reviewed the Company’s proposed Charter, Registration Statement on FormS-1 (the “FormS-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 FormS-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 FormS-1, will be validly issued, fully paid andnon-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 FormS-1.
Very truly yours, |
/s/ Luse Gorman, PC |
LUSE GORMAN, PC |