IF Bancorp Inc. is a savings and loan holding company that operates under the regulation of the Federal Reserve. The company's main focus is on its investment in Iroquois Federal Savings & Loan Association. The association, which is regulated by the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and the Illinois Department of Financial and Professional Regulation, offers banking and mortgage services to individuals and corporations within a 100-mile radius of its locations in Illinois and Missouri. Additionally, the association's wholly-owned subsidiary, L.C.I., engages in the sale of property and casualty insurance.