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Posted: Friday, 17 January 2014 4:30PM

Edgewater Completes IPO

You can now buy stock in St. Joseph-based Edgewater Bancorp. The bank completed a $6.7 million stock offering on Thursday and started trading Friday under the symbol EGDW. In the IPO, Edgewater sold nearly 668,000 shares of common stock and made $6.7 million. Edgewater Bank has five branches in Berrien and Van Buren counties. The financial institution opened in 1910 as the Industrial Building and Loan and became Edgewater in 2005.


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