continues loan losses

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1 Dear Shareholders, I m pleased to report that 2017 marked another year of balance sheet growth for Home Bancorp Wisconsin, Inc. Our proven strategy of investing in the strength of our community resulted in asset growth of 6.6% and net loan growth of approximately 10.0%.. Deposits in all categories (checking, savings, money markets and CDs) increased as well, enabling local loan production. This growth allowed our spread income to improve by $ 333,000 over last year, ann increase of 7.9%. As a community bank serving our sixth generation of customers, we use our local expertise to prudently grow our loan portfolioo with opportunities unique to our Madison/Dane County market. Our loan quality continues to be strong; non current loans remained low by industry standards and we had no foreclosed assets at year end for the second consecutive year. The adequacy of our allowance for loan losses allowed us to forgo a loan loss provision in Our commitment to assuring prudent and compliant operations resulted in certain audit findings in 2017 that required prior period adjustments to previously reportedd financials. The results of our operations this year reflect additional professional fees and technology expenses designed to improve operating efficiency. We remain committed to expense control while selectively nvesting in the technologies, product enhancements, and delivery systems demandedd in today s market. We anticipate savings from our recent decision to deregister from the SEC coupled with expected improvements achieved through information technology systems. Home Savings Bank has proudly served our community since Madison and Dane County are vibrant, growing, and robust. Our market offers a wealth of opportunities for continued growth and success for a bank with our local expertise. We continue to be the only bank headquartered in Dane County with an Outstanding rating by the FDIC for our community reinvestment activities; a rating we ve proudly held since The rating is an important indicator of our local knowledge and proactive investment in our market. Our Board, bank leadership, and all bank associates are committed to the qualities of personalized service, responsiveness, and resilience that have enabled ourr 123 year history. As we transition to 2018, we acknowledge and thank Mark Finster for 29 years of valuable board service. We are energized by the opportunities ahead to continue enhancing shareholder value. Thank you for your interest and investment in Home Bancorpp Wisconsin, Inc. Jim Bradley President/CEO

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3 January 23, 2018 Dear Stockholder: We cordially invite you to attend the Annual Meeting of Stockholders of Home Bancorp Wisconsin, Inc. The Annual Meeting will be held at the Crowne Plaza Madison located at 4402 East Washington Avenue, Madison, Wisconsin on February 27, 2018, at 2:00 p.m., local time. The enclosed Notice of Annual Meeting and Proxy Statement describe the formal business to be transacted. During the Annual Meeting we will also report on the operations of Home Bancorp Wisconsin, Inc. Also enclosed for your review is our 2017 Annual Report to Stockholders, which contains information concerning our activities and operating performance. The business to be conducted at the Annual Meeting consists of (i) the election of one director and (ii) the ratification of the appointment of CliftonLarsonAllen, LLP as independent registered public accounting firm for the year ending September 30, The Board of Directors has determined that the matters to be considered at the Annual Meeting are in the best interest of Home Bancorp Wisconsin, Inc. and its stockholders, and the Board of Directors unanimously recommends a vote FOR each matter to be considered. On behalf of the Board of Directors, we urge you to sign, date and return the enclosed proxy card as soon as possible, even if you currently plan to attend the Annual Meeting. You may also vote by internet or by telephone using the instructions provided on the enclosed proxy card. This will not prevent you from voting in person, but will assure that your vote is counted if you are unable to attend the Annual Meeting. Your vote is important, regardless of the number of shares that you own. Sincerely, James R. Bradley President and Chief Executive Officer

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5 3762 East Washington Avenue Madison, Wisconsin (608) NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held On February 27, 2018 Notice is hereby given that the Annual Meeting of Stockholders of Home Bancorp Wisconsin, Inc. (the Annual Meeting ) will be held at the Crowne Plaza Madison located at 4402 East Washington Avenue, Madison, Wisconsin on February 27, 2018, at 2:00 p.m., local time. A Proxy Card and Proxy Statement for the Annual Meeting are enclosed. The Annual Meeting is for the purpose of considering and acting upon: 1. the election of one director; 2. the ratification of the appointment of CliftonLarsonAllen, LLP as independent registered public accounting firm for the fiscal year ending September 30, 2018; and such other matters as may properly come before the Annual Meeting, or any adjournments thereof. The Board of Directors is not aware of any other business to come before the Annual Meeting. Any action may be taken on the foregoing proposals at the Annual Meeting on the date specified above, or on the date or dates to which the Annual Meeting may be adjourned. Stockholders of record at the close of business on December 29, 2017 are the stockholders entitled to vote at the Annual Meeting and any adjournments thereof. EACH STOCKHOLDER, WHETHER HE OR SHE PLANS TO ATTEND THE ANNUAL MEETING, IS REQUESTED TO SIGN, DATE AND RETURN THE ENCLOSED PROXY CARD WITHOUT DELAY IN THE ENCLOSED POSTAGE-PAID ENVELOPE. ANY PROXY GIVEN BY THE STOCKHOLDER MAY BE REVOKED AT ANY TIME BEFORE IT IS VOTED. A PROXY MAY BE REVOKED BY FILING WITH THE SECRETARY OF HOME BANCORP WISCONSIN, INC. A WRITTEN REVOCATION OR A DULY EXECUTED PROXY CARD BEARING A LATER DATE. ANY STOCKHOLDER PRESENT AT THE ANNUAL MEETING MAY REVOKE HIS OR HER PROXY AND VOTE PERSONALLY ON EACH MATTER BROUGHT BEFORE THE ANNUAL MEETING. HOWEVER, IF YOU ARE A STOCKHOLDER WHOSE SHARES ARE NOT REGISTERED IN YOUR OWN NAME, YOU WILL NEED ADDITIONAL DOCUMENTATION FROM YOUR RECORD HOLDER IN ORDER TO VOTE IN PERSON AT THE ANNUAL MEETING. By Order of the Board of Directors Madison, Wisconsin January 23, 2018 Deborah Fox-Schroeder Corporate Secretary IMPORTANT: THE PROMPT RETURN OF PROXIES WILL SAVE THE EXPENSE OF FURTHER REQUESTS FOR PROXIES. A SELF-ADDRESSED ENVELOPE IS ENCLOSED FOR YOUR CONVENIENCE. NO POSTAGE IS REQUIRED IF MAILED WITHIN THE UNITED STATES.

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7 PROXY STATEMENT Home Bancorp Wisconsin, Inc East Washington Avenue Madison, Wisconsin (608) ANNUAL MEETING OF STOCKHOLDERS February 27, 2018 This Proxy Statement is furnished in connection with the solicitation of proxies on behalf of the Board of Directors of Home Bancorp Wisconsin, Inc. to be used at the Annual Meeting of Stockholders (the Annual Meeting ), which will be held at the Crowne Plaza Madison located at 4402 East Washington Avenue, Madison, Wisconsin on February 27, 2018, at 2:00 p.m., local time, and all adjournments of the Annual Meeting. The accompanying Notice of Annual Meeting of Stockholders and this Proxy Statement are first being mailed to stockholders on or about January 23, REVOCATION OF PROXIES Stockholders who execute proxies in the form solicited hereby retain the right to revoke them in the manner described below. Unless so revoked, the shares represented by such proxies will be voted at the Annual Meeting and all adjournments thereof. Proxies solicited on behalf of the Board of Directors of Home Bancorp Wisconsin, Inc. will be voted in accordance with the directions given thereon. Please sign and return your proxy card in the postage paid envelope provided. Where no instructions are indicated on the proxy card, signed proxies will be voted FOR the election of the nominee for director named herein and FOR the ratification of the appointment of CliftonLarsonAllen, LLP as our independent registered public accountants for the fiscal year ending September 30, Proxies may be revoked by sending written notice of revocation to the Secretary of Home Bancorp Wisconsin, Inc. at the address shown above, or by filing a duly executed proxy bearing a later date or by following the internet or telephone instructions on the enclosed proxy card or by voting in person at the Annual Meeting. The presence at the Annual Meeting of any stockholder who had given a proxy shall not revoke such proxy unless the stockholder delivers his or her ballot in person at the Annual Meeting or delivers a written revocation to our Secretary prior to the voting of such proxy. VOTING SECURITIES AND PRINCIPAL HOLDERS Except as otherwise noted below, holders of record of Home Bancorp Wisconsin, Inc. s shares of common stock, par value $0.01 per share, as of the close of business on December 29, 2017 are entitled to one vote for each share then held. As of December 29, 2017, there were 899,190 shares of common stock issued and outstanding. Limitations on Voting In accordance with the provisions of our Articles of Incorporation, record holders of common stock for a beneficial owner that beneficially owns in excess of 10% of the outstanding shares of common stock (the Limit ) are not entitled to any vote with respect to the shares held in excess of the Limit. Our Articles of Incorporation authorize the Board of Directors (i) to make all determinations necessary to implement and apply the Limit, including determining whether persons or entities are acting in concert, and (ii) to demand that any person who is reasonably believed to own beneficially stock in excess of the Limit supply information to us to enable the Board of Directors to implement and apply the Limit.

8 Stock Ownership The following table sets forth, as of December 29, 2017, the shares of common stock that may be considered to be beneficially owned by our directors and all directors and executive officers of the Company as a group. The mailing address for each of our directors and executive officers is 3762 East Washington Avenue, Madison, Wisconsin Unless otherwise indicated, none of the shares listed as owned by our directors and named executive officer are pledged as security, and each of such individuals has sole voting power and sole investment power with respect to the number of shares shown. Percentages are based upon 899,190 shares of common stock issued and outstanding as of December 29, Name and Address of Beneficial Owners Amount of Shares Owned and Nature of Beneficial Ownership (1) Percent of Shares of Common Stock Outstanding Directors James R. Bradley, Chairman of the Board, President and Chief Executive Officer... 10,874 (1) 1.2% George E. Austin, Director... 7,500 (2) * Mark P. Finster, Director... 2,500 * Lynn K. Hobbie, Director... 2,500 * Richard M. Lynch, Director... 10,000 (3) 1.1% All directors... 42, % * Less than 1%. (1) Includes 7,500 shares held in the Home Savings Bank 401(k) Plan, 854 shares held in the Home Savings Bank Employee Stock Ownership Plan, and 2,500 shares held by an IRA for the benefit of Mr. Bradley s spouse. (2) Shares held by an IRA for the benefit of Mr. Austin. (3) Includes 5,000 held by Mr. Lynch s spouse. Quorum The presence in person or by proxy of a majority of the outstanding shares of common stock entitled to vote is necessary to constitute a quorum at the Annual Meeting. Abstentions and broker non-votes will be counted for purposes of determining that a quorum is present. Method of Counting Votes As to the election of a director, the proxy card being provided by the Board of Directors enables a stockholder to vote FOR THE NOMINEE proposed by the Board or to WITHHOLD AUTHORITY FOR THE NOMINEE. Directors are elected by a plurality of votes cast, without regard to either broker non-votes or proxies as to which the authority to vote for a nominee being proposed is withheld. Plurality means that individuals who receive the highest number of votes cast are elected, up to the maximum number of directors to be elected at the annual meeting. As to the ratification of the appointment of CliftonLarsonAllen, LLP as our independent registered public accounting firm, by checking the appropriate box, a stockholder may: (i) vote FOR the ratification; (ii) vote AGAINST the ratification; or (iii) ABSTAIN from voting on such ratification. The affirmative vote of a majority of the votes cast on the matter at the Annual Meeting, without regard to broker non-votes or shares as to which the ABSTAIN box has been selected on the proxy card, is required for the ratification of CliftonLarsonAllen, LLP as the independent registered public accounting firm for the fiscal year ending September 30, In the event that at the time of the Annual Meeting there are not sufficient votes for a quorum or to approve or ratify any matter being presented, the Annual Meeting may be adjourned in order to permit the further solicitation of proxies. 2

9 Participants in the ESOP and 401(k) Plan Participants in the Home Savings Bank Employee Stock Ownership Plan (the ESOP ) and persons who hold Home Bancorp Wisconsin, Inc. common stock through the Home Savings Bank 401(k) Plan (the 401(k) Plan ) will receive a vote authorization form for each of the plans that reflect all shares the participant may direct the trustees to vote on his or her behalf under the plans. Under the terms of the ESOP, the ESOP trustee votes all shares held by the ESOP, but each ESOP participant may direct the trustee how to vote the shares of Company common stock allocated to his or her account. The ESOP trustee will vote all unallocated shares of Company common stock held by the ESOP and allocated shares for which no voting instructions are received in the same proportion as shares for which it has received timely voting instructions. Under the terms of the 401(k) Plan, a participant is entitled to provide voting instructions for all shares credited to his or her 401(k) Plan account and held in the Home Bancorp Wisconsin, Inc. Stock Fund. Shares for which no voting instructions are given or for which instructions were not timely received will be voted in the same proportion as shares for which voting instructions were received. The deadline for returning your ESOP and/or 401(k) Plan Vote Authorization Form or your telephonic or internet vote authorizations is Tuesday, February 20, 2018, at 5:00 p.m. local time. PROPOSAL I ELECTION OF DIRECTORS Our Board of Directors is comprised of six members. However, director Mark P. Finster will retire from the Board on the date of the Annual Meeting, and following the Annual Meeting our full Board will consist of five directors. Our Bylaws provide that directors are divided into three classes, with one class of directors elected annually. Our directors are generally elected to serve for a three-year period and until their respective successors shall have been elected and qualified. One director will be elected at the Annual Meeting to serve for a three-year period and until her successor shall have been elected and qualified. The Nominating and Corporate Governance Committee of the Board of Directors has nominated Jane M. Tereba to serve as director for a three-year term. Ms. Tereba is currently a director of Home Bancorp Wisconsin, Inc. Ms. Tereba has agreed to serve, if elected, and has consented to being named in this Proxy Statement. The table below sets forth certain information regarding the nominees, the other current members of our Board of Directors, and executive officers who are not directors, including the terms of office of board members. It is intended that the proxies solicited on behalf of the Board of Directors (other than proxies in which the vote is withheld as to any nominee) will be voted at the Annual Meeting for the election of the proposed nominee. If a nominee is unable to serve, the shares represented by all such proxies will be voted for the election of such substitute as the Board of Directors may determine. At this time, the Board of Directors knows of no reason why the nominee might be unable to serve, if elected. Name Position(s) Held With Home Bancorp Wisconsin, Inc. Director and/or Home Savings Bank Age (1) Since (2) Current Term Expires NOMINEE Jane M. Tereba.... Director CONTINUING DIRECTORS Chairman of the Board, President and Chief Executive James R. Bradley... Officer George E. Austin... Director Lynn K. Hobbie... Director Richard M. Lynch... Director EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS Matt Rosenthal... Executive Vice President of Commercial Banking (3) 48 N/A N/A Alan Zimprich Senior Vice President, Chief Financial Officer (3) 53 N/A N/A (1) As of September 30, (2) Includes service with Home Savings Bank and Home Bancorp Wisconsin, Inc. (3) Position with Home Savings Bank only. Mr. Zimprich began his service at Home Savings Bank in January

10 The biographies of the nominee and each of the continuing board members and executive officers are set forth below. With respect to directors and the nominee, the biography also contains information regarding the person s business experience and the experiences, qualifications, attributes or skills that caused the Nominating and Corporate Governance Committee to determine that the person should serve as a director. Each director of Home Bancorp Wisconsin, Inc. is also a director of Home Savings Bank. Directors know of no reason why the nominee might be unable to serve, if elected. Director Nominee Jane M. Tereba. Ms. Tereba, is a CPA with 20 years of professional experience. She has been a Shareholder with Capital Valuation Group, a firm specializing in valuations of closely-held businesses, intellectual property and analysis of economic damages since July Prior to joining Capital Valuation Group, Ms. Tereba worked with WIPFLI, LLP from 2010 to 2013, with Grant Thornton LLP from 2003 to 2010 and with McGladrey from 1997 to Jane currently serves on, or has served on, the Madison Community Foundation Audit Committee, the Board of Directors for the YWCA - Madison, YWCA of Madison Foundation, Saint Maria Goretti Finance Council. She is a member of Madison South Rotary. Directors Continuing in Office James R. Bradley. Mr. Bradley has served as President and Chief Executive Officer of Home Savings Bank since 1985, and has been Chairman of the Board since Mr. Bradley joined Home Savings Bank in 1975 following his graduation from University Wisconsin Madison with a Bachelor of Business Administration degree and majors in real estate and finance. He has served as a mortgage loan officer, branch manager, and led Home Savings Bank s secondary mortgage market efforts before being named president. Mr. Bradley has served as chairman of the board for many local organizations including Downtown Madison, Inc., Madison Children s Museum, and the South Central Wisconsin Housing Foundation. He currently serves on the boards of the Greater Madison Visitors and Convention Bureau, Sustain Dane, and the Center for Resilient Cities. Mr. Bradley provides the board extensive experience in the banking industry and a unique understanding of Home Savings Bank s banking market. Lynn K. Hobbie. Ms. Hobbie is a Executive Vice President at Madison Gas and Electric Company, an investor-owned utility in Wisconsin that serves the Madison and Dane County communities. Her responsibilities include marketing, energy products and services, corporate communications, economic development, residential, business and community services, and web services. Ms. Hobbie has worked at Madison Gas and Electric Company for 30 years. She has an undergraduate degree in History and a Masters of Science degree in Land Resources, Energy Policy and Analysis program, both from the University of Wisconsin-Madison. Ms. Hobbie s current board service includes the Board of Directors for 1000 Friends of Wisconsin, and the Greater Madison Convention and Visitors Bureau. She has served previously on the Board of Directors for the Wisconsin Public Utilities Institute and the Energy Center of Wisconsin. Ms. Hobbie brings the board extensive business experience as well as an outstanding history of community involvement in Home Savings Bank s market. George E. Austin. Mr. Austin holds three degrees (BBA and MS in business and MA in public policy and administration from the University of Wisconsin-Madison). He served as the director of planning and development for the City of Madison and the executive director of the Community Development Authority of the City of Madison for 15 years. He was the City s project manager on the construction of the Frank Lloyd Wright designed Monona Terrace Convention Center. Mr. Austin left his position with the City to become the president of the Overture Foundation and lead the construction of the $220 million Overture Center performing arts center in downtown Madison. Recently Mr. Austin also served as the project manager for the construction of the Wisconsin Institutes of Discovery/Morgridge Institute for Research, a $210 million interdisciplinary research center on the University Wisconsin Madison campus. As owner and president of AVA Civic Enterprises, Inc., Mr. Austin has also served as a consultant for the City of Madison and the Madison Region Economic Partnership the regional economic development entity, and several private foundations. He has also served on the boards of Downtown Madison Inc. and the Greater Madison Chamber of Commerce. Mr. Austin brings the board a unique insight into planning and development issues in Home Savings Bank s market and extensive experience in the financing of public/private real estate development projects. 4

11 Richard M. Lynch. Mr. Lynch is Chairman of J. H. Findorff & Son Inc., one of Wisconsin s leading builders. With offices in Madison and Milwaukee, J. H. Findorff & Son Inc. employs approximately 800 construction professionals and tradespeople, and completes over $550 million in construction annually. Mr. Lynch has had preconstruction and project management responsibilities for many of the firm s most notable projects including the Monona Terrace Convention Center in Madison. Mr. Lynch has served on the boards of many civic organizations including Downtown Madison Inc, Greater Madison Chamber of Commerce, Madison Community Foundation, United Way of Dane County, American Family Children s Hospital Advisory Board, and Meriter Hospital. Mr. Lynch provides the board extensive business experience and a unique understanding of the construction industry as well as an outstanding history of community involvement in Home Savings Bank s market. Executive Officer Who Is Not a Director Matt Rosenthal. Mr. Rosenthal joined Home Savings Bank as Senior Vice President of Commercial Banking in April 2013, and currently serves as the Bank s Executive Vice President of Commercial Banking. He has over 11 years of banking experience, including 8 years with Summit Credit Union, Madison, Wisconsin, where he was employed from September 2005 until being hired by Home Savings Bank and he most recently served as Vice President of Business Services. He has also served as Branch Manager for a U.S. Bank branch located in Illinois. Mr. Rosenthal earned his MBA from the University of Dubuque and has taught marketing at Loras College. Alan Zimprich. Mr. Zimprich joined Home Savings Bank as Senior Vice President and Chief Financial Officer in January He is a CPA and has nine years of financial institution finance and accounting experience as the chief financial officer at Heritage Credit Union, a Madison-based credit union beginning in Mr. Zimprich has also served as a corporate accountant for a local commercial real estate development/management company. Mr. Zimprich earned his accounting degree from Lakeland College. Board and Committee Independence Although Home Bancorp Wisconsin, Inc. is not listed on the Nasdaq Stock Market ( Nasdaq ), the Board of Directors has chosen to apply the director independence rules of Nasdaq when determining whether Home Bancorp Wisconsin, Inc. s directors are independent. The Board of Directors has determined that each of our directors, with the exception of director James Bradley, is independent as defined in the Nasdaq rules. Director Bradley is not independent because he is an executive officer of Home Bancorp Wisconsin, Inc. Board Leadership Structure and Risk Oversight Our Board of Directors is chaired by James R. Bradley, who is also our Chief Executive Officer. We believe our governance structure is appropriate given the size and relatively non-complex operating philosophy of our organization. In addition, we have never engaged in a transaction with any affiliate of Mr. Bradley. As Chief Executive Officer and President of Home Savings Bank, and having been employed by Home Savings Bank in various roles for his entire 42 year career, Mr. Bradley is well positioned to understand the challenges faced by our organization. As a result, he can set our strategic direction and also set the agenda of the Board of Directors. We understand the risk that an inside Chairman could theoretically manage the Board of Directors agenda to limit the consideration of important issues relating to management. The Board of Directors is actively involved in oversight of risks that could affect Home Bancorp Wisconsin, Inc. This oversight is conducted in part through committees of the Board of Directors, but the full Board of Directors has retained responsibility for general oversight of risks. The Board of Directors satisfies this responsibility through full reports by each committee regarding its considerations and actions, regular reports directly from officers responsible for oversight of particular risks within Home Bancorp Wisconsin, Inc. as well as through internal and external audits. Risks relating to the direct operations of Home Savings Bank are further overseen by the Board of Directors of Home Savings Bank, who are the same individuals who serve on the Board of Directors of Home Bancorp Wisconsin, Inc. The Board of Directors of Home Savings Bank also has additional committees that conduct risk oversight separate from Home Bancorp Wisconsin, Inc. Further, the Board of Directors oversees risks through the establishment of policies and procedures that are designed to guide daily operations in a manner consistent with applicable laws, regulations and risks acceptable to the organization. 5

12 References to our Website Address Any references to our website address throughout this Proxy Statement and the accompanying materials are for informational purposes only. Such references are not intended to, and do not, incorporate the contents of our website by reference into this Proxy Statement or the accompanying materials. Code of Ethics The Company has adopted a Code of Ethics for Senior Officers that applies to the Company s principal executive officer, principal financial officer, principal accounting officer, controller and persons performing similar functions. A copy of the Code of Ethics for Senior Officers can be found in the About Us Investor Relations Charters and Policies Code of Ethics for Senior Officers section of the Company s website, Communications with the Board of Directors Any stockholder who wishes to contact our Board of Directors or an individual director may do so by writing to: Home Bancorp Wisconsin, Inc., 3762 East Washington Avenue, Madison, Wisconsin 53704, Attention: Board of Directors. The letter should indicate that the sender is a stockholder and if shares are not held of record, should include appropriate evidence of stock ownership. Communications are reviewed by the Secretary and are then distributed to the Board of Directors or the individual director, as appropriate, depending on the facts and circumstances outlined in the communications received. The Secretary may attempt to handle an inquiry directly or forward a communication for response by the director or directors to whom it is addressed. The Secretary has the authority not to forward a communication if it is primarily commercial in nature, relates to an improper or irrelevant topic, or is unduly hostile, threatening, illegal or otherwise inappropriate. At each Board of Directors meeting, the Secretary shall present a summary of all communications received since the last meeting that were not forwarded and make those communications available to the Directors on request. Committees of the Board of Directors The business of Home Bancorp Wisconsin, Inc. is conducted at regular and special meetings of the Board of Directors and its committees. In addition, the independent members of the Board of Directors (as defined in the listing standards of Nasdaq) meet in executive sessions. The standing committees of the Board of Directors of Home Bancorp Wisconsin, Inc. are the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Audit Committee. The Audit Committee is comprised of Directors Austin, Hobbie, Lynch and Tereba, each of whom is independent as defined by SEC rules and Nasdaq listing standards (although these rules are not applicable). The Audit Committee also serves as the audit committee of the Board of Directors of Home Savings Bank. Each Audit Committee member has the ability to analyze and evaluate our financial statements as well as an understanding of the Audit Committee s functions. In addition, each Audit Committee member has overseen and assessed the finances and financial reporting of various businesses that they own or with which they have been employed. Our Board of Directors has adopted a written charter for the Audit Committee, which is available on our Internet website at As more fully described in the Audit Committee Charter, the Audit Committee reviews the financial records and affairs of Home Bancorp Wisconsin, Inc. and monitors adherence in accounting and financial reporting to accounting principles generally accepted in the United States of America. Nominating and Corporate Governance Committee. The Nominating and Corporate Governance Committee is comprised of Directors Austin, Hobbie, Lynch and Tereba, each of whom is independent as defined by SEC rules and Nasdaq listing standards. The Nominating and Corporate Governance Committee operates under a written charter which is available on our Internet website at 6

13 The Board of Directors has adopted a procedure by which stockholders may recommend nominees to the Nominating and Corporate Governance Committee. Stockholders who wish to recommend a nominee must write to the Company s Secretary and such communication must include: A statement that the writer is a stockholder and is proposing a candidate for consideration by the Nominating and Corporate Governance Committee; The name and address of the stockholder as they appear on the Company s books, and number of shares of the Company s common stock that are owned beneficially by the stockholder (if the stockholder is not a holder of record, appropriate evidence of the stockholder s ownership will be required); The name, address and contact information for the candidate, and the number of shares of common stock of the Company that are owned by the candidate (if the candidate is not a holder of record, appropriate evidence of the candidate s share ownership should be provided); A statement of the candidate s business and educational experience; Such other information regarding the candidate as would be required to be included in the proxy statement pursuant to SEC Regulation 14A; A statement detailing any relationship between the candidate and any customer, supplier or competitor of the Company; Detailed information about any relationship or understanding between the proposing stockholder and the candidate; and A statement that the candidate is willing to be considered and willing to serve as a director if nominated and elected. To be timely, the submission of a candidate for Director by a stockholder must be received by the Secretary at least 180 days prior to the anniversary date of the proxy statement relating to the preceding year s annual meeting of stockholders. The Nominating and Corporate Governance Committee identifies nominees by first evaluating the current members of the Board of Directors willing to continue in service, including the current members board and committee meeting attendance and performance, length of board service, experience and contributions, and independence. Current members of the Board of Directors with skills and experience that are relevant to Home Bancorp Wisconsin, Inc. s business and who are willing to continue in service are considered for re-nomination, balancing the value of continuity of service by existing members of the board with that of obtaining a new perspective. If there is a vacancy on the Board of Directors because any member of the Board of Directors does not wish to continue in service or if the Nominating and Corporate Governance Committee decides not to re-nominate a member for re-election, the Nominating and Corporate Governance Committee would determine the desired skills and experience of a new nominee, may solicit suggestions for director candidates from all board members and may engage in other search activities. In accordance with our Bylaws, a person is not eligible for election or appointment to the Board of Directors: (a) if a financial or securities regulatory agency has issued a cease and desist, consent or other formal order, other than a civil money penalty, against such person, which order is subject to public disclosure by such agency; (b) if such person has been convicted of a crime involving dishonesty or breach of trust which is punishable by imprisonment for a term exceeding one year under state or federal law; (c) if such person is currently charged in any information, indictment, or other complaint with the commission of or participation in such a crime; or (d) other than the initial directors appointed in connection with the formation of Home Bancorp Wisconsin, Inc., if such person did not, at the time of his first election or appointment to the Board of Directors, maintain his principal residence within ten miles of an office of Home Bancorp Wisconsin, Inc. or any subsidiary thereof for a period of at least one year prior to the date of his purported election or appointment to the Board of Directors. No person may serve on the Board of Directors if such person (a) is at the same time, a director, officer, employee or 10% or more stockholder of a bank, savings institution, credit union, mortgage banking company, consumer loan company or similar organization, other than a subsidiary of the Corporation, that engages in business activities or solicits 7

14 customers, whether through a physical presence or electronically, in the same market area as the Corporation or any of its subsidiaries, (b) does not agree in writing to comply with all of the Corporation s policies applicable to directors including but not limited to its confidentiality policy, and confirm in writing his qualifications hereunder, (c) is a party to any agreement or understanding with a party other than Home Bancorp Wisconsin, Inc. or a subsidiary that (x) provides him with material benefits which are tied to or contingent on the Corporation entering into a merger, sale of control or similar transaction in which it is not the surviving institution, (y) materially limits his voting discretion with respect to the fundamental strategic direction of Home Bancorp Wisconsin, Inc., or (z) materially impairs his ability to discharge his fiduciary duties with respect to the fundamental strategic direction of Home Bancorp Wisconsin, Inc., or (d) has lost more than one election for service as a director of Home Bancorp Wisconsin, Inc. No person may serve on the Board of Directors who is the nominee or representative, as those terms are defined in the regulations of the Board of Governors of the Federal Reserve System, 12 C.F.R 212.2(n), of a company the directors, partners, trustees or 10% stockholders of which would not be eligible for election or appointment to the Board of Directors under the foregoing restrictions. The Board of Directors shall have the power to construe and apply the foregoing provisions and to make all determinations necessary or desirable to implement such provisions. Compensation Committee. The Compensation Committee is comprised of Directors Austin, Hobbie, Lynch and Tereba, each of whom is independent as defined by SEC rules and Nasdaq listing standards. No member of the Compensation Committee is a current or former officer or employee of Home Bancorp Wisconsin, Inc. or Home Savings Bank. The Compensation Committee also serves as the compensation committee of the Board of Directors of Home Savings Bank. The Compensation Committee is responsible for establishing the compensation philosophy, developing compensation guidelines, establishing (or recommend to the entire Board of Directors) the compensation of the Chief Executive Officer and the other senior officers. No executive officer who is also a director participates with respect to decisions on his compensation. The Compensation Committee also administers the Home Bancorp Wisconsin, Inc Equity Incentive Plan. The Compensation Committee operates under a written charter which is available on our Internet website at This charter sets forth the responsibilities of the Compensation Committee and reflects the Compensation Committee s commitment to create a compensation structure that not only compensates senior management but also aligns the interests of senior management with those of our stockholders. Executive Officer Compensation The Compensation Committee is appointed by the Board of Directors to discharge the Board s responsibilities relating to executive compensation. See Committees of the Board of Directors Compensation Committee above. Employment Agreement. Home Bancorp Wisconsin, Inc. and Home Savings Bank entered into an employment agreement with James R. Bradley, our President and Chief Executive Officer. Our continued success depends to a significant degree on the skills and competence of Mr. Bradley and the employment agreement is intended to ensure that we maintain a stable management base. Director Fees Independent directors receive an annual retainer of $2,400, and independent directors who serve on the board loan committee receive an annual retainer of $3,000. In addition, each individual who serves as a director of Home Savings Bank earns fees for board meetings attended. For the year ended September 30, 2017, each director was paid a fee of $725 for each board meeting attended. Each person who serves as a director of Home Bancorp Wisconsin, Inc. also serves as a director of Home Savings Bank and earns director, retainer and committee fees only in his or her capacity as a board or committee member of Home Savings Bank. For the year ended September 30, 2017, Home Savings Bank paid an aggregate of $54,300 in fees and retainers to directors. 8

15 PROPOSAL II RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The Audit Committee of Home Bancorp Wisconsin, Inc. has approved the engagement of CliftonLarsonAllen, LLP to be our independent registered public accounting firm for the fiscal year ending September 30, 2018, subject to the ratification of the engagement by our stockholders. At the Annual Meeting, stockholders will consider and vote on the ratification of the Audit Committee s engagement of CliftonLarsonAllen, LLP for the fiscal year ending September 30, A representative of CliftonLarsonAllen, LLP is expected to attend the annual meeting and may respond to appropriate questions and make a statement if he or she so desires. Even if the engagement of CliftonLarsonAllen, LLP is ratified, the Audit Committee, in its discretion, may direct the appointment of a different independent registered public accounting firm at any time during the year if it determines that such change would be in the best interests of Home Bancorp Wisconsin, Inc. and its stockholders. The Board of Directors recommends a vote FOR the ratification of CliftonLarsonAllen, LLP as independent registered public accounting firm for the year ending September 30, STOCKHOLDER PROPOSALS AND NOMINATIONS In order to be considered at our 2019 Annual Meeting of Stockholders, but not included in proxy materials, a stockholder proposal to take action at such meeting or a director nomination must be delivered or mailed to and received by the Secretary at our executive office notice not earlier than the 90th day nor later than the 80th day prior to date of the annual meeting; provided, however, that in the event that less than 90 days notice or prior public disclosure of the date of the annual meeting is provided to stockholders, then, to be timely, notice by the stockholder must be so received not later than the tenth day following the day on which public announcement of the date of such meeting is first made. OTHER MATTERS The Board of Directors is not aware of any business to come before the Annual Meeting other than the matters described above in the Proxy Statement. However, if any matters should properly come before the Annual Meeting, it is intended that the Board of Directors, as holders of the proxies, will act as determined by a majority vote. MISCELLANEOUS The cost of solicitation of proxies will be borne by Home Bancorp Wisconsin, Inc. Home Bancorp Wisconsin, Inc. will reimburse brokerage firms and other custodians, nominees and fiduciaries for reasonable expenses incurred by them in sending proxy materials to the beneficial owners of common stock. In addition to solicitations by mail, directors, officers and regular employees of Home Bancorp Wisconsin, Inc. may solicit proxies personally or by telephone without additional compensation. A copy of the 2017 Annual Report accompanies this proxy statement. It is not considered part of this proxy statement. Whether or not you plan to attend the annual meeting, please vote by marking, signing, dating and promptly returning a proxy card. BY ORDER OF THE BOARD OF DIRECTORS Madison, Wisconsin January 23, 2018 Deborah Fox-Schroeder Corporate Secretary 9

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17 Madison, Wisconsin Consolidated Financial Statements Years Ended September 30, 2017 and 2016

18 Years Ended September 30, 2017 and 2016 Table of Contents Independent Auditor's Report...1 Consolidated Financial Statements Consolidated Balance Sheets...2 Consolidated Statements of Operations...3 Consolidated Statements of Comprehensive Income...4 Consolidated Statements of Stockholders' Equity...5 Consolidated Statements of Cash Flows

19 Independent Auditor's Report Board of Directors Home Bancorp Wisconsin, Inc. Madison, Wisconsin We have audited the accompanying consolidated financial statements of Home Bancorp Wisconsin, Inc. (the "Company"), which comprise the balance sheets as of September 30, 2017 and 2016, and the related statements of operations, comprehensive income, stockholders' equity, and cash flows for the years then ended and the related notes to the consolidated financial statements. Management's Responsibility for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audit of the September 30, 2017, consolidated financial statements in accordance with auditing standards generally accepted in the United States. Our audit of the September 30, 2016, consolidated financial statements was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatement of the consolidated financial statements whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Home Bancorp Wisconsin, Inc. as of September 30, 2017 and 2016, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States. Wipfli LLP December 19, 2017 Madison, Wisconsin 1

20 Consolidated Balance Sheets As of September 30, 2017 and 2016 (Dollars in thousands) Assets: Cash and due from banks $ 3,794 $ 2,788 Interest-bearing deposits Cash and cash equivalents 4,287 3,165 Other interest-bearing deposits 4,673 5,327 Securities available for sale 857 1,119 Securities held to maturity 1,879 2,340 Loans held for sale 131 1,721 Loans, net 127, ,104 Premises and equipment, net 5,013 5,176 Federal Home Loan Bank stock Cash value of life insurance 3,469 3,392 Other assets Total assets $ 149,184 $ 139,974 Liabilities: Demand deposits $ 35,861 $ 34,590 Money market and savings deposits 47,861 45,354 Time deposits 35,732 32,614 Total deposits 119, ,558 Advance payments by borrowers for taxes and insurance Federal funds purchased - 1,330 Borrowed funds 16,190 12,223 Other liabilities 828 1,227 Total liabilities 137, ,147 Stockholders' Equity: Common stock $0.01 par value, 30,000,000 shares authorized; 899,190 shares issued and outstanding 9 9 Additional paid in capital 7,408 7,403 Retained earnings 4,978 5,052 Unearned Employee Stock Ownership Plan (ESOP) shares (611) (640) Accumulated other comprehensive loss (2) 3 Total stockholders' equity 11,782 11,827 Total liabilities and stockholders' equity $ 149,184 $ 139,974 See accompanying notes to consolidated financial statements. 2

21 Consolidated Statements of Operations Years Ended September 30, 2017 and Interest income: Loans, including fees $ 5,126 $ 4,715 Interest-bearing deposits Securities Total interest income 5,276 4,874 Interest expense: Deposits Borrowed funds Total interest expense Net interest income 4,552 4,219 Provision for loan losses - 24 Net interest income after provision for loan losses 4,552 4,195 Noninterest income: Service fees Mortgage banking income Net gain (loss) on sale of securities - 6 Increase in cash value of life insurance Net gain on sale of premises and equipment Rental income Other noninterest income Total noninterest income Noninterest expense: Compensation and employee benefits 2,408 2,428 Occupancy and equipment Data processing and office expense 1, Foreclosed assets, net - 18 Advertising and promotions Professional fees Examinations and assessments Other noninterest expense Total noninterest expense 5,187 4,981 Net income before income taxes (74) 115 Provision for income taxes - - Net income $ (74) $ 115 Earnings per share: Basic $ (0.08) $ 0.13 Diluted $ (0.08) $ 0.13 See accompanying notes to consolidated financial statements. 3

22 Consolidated Statements of Comprehensive Income Years Ended September 30, 2017 and 2016 (Dollars in thousands) Net income $ (74) $ 115 Other comprehensive income (loss): Unrealized gain (loss) on securities (5) (18) Reclassification adjustment for (gains) losses realized in net income - (6) Net unrealized gain (loss) on securities (5) (24) Other comprehensive income (loss) before tax effect (5) (24) Tax effect of other comprehensive income items - - Other comprehensive income (loss), net of tax (5) (24) Total comprehensive income (loss) $ (79) $ 91 See accompanying notes to consolidated financial statements. 4

23 Balances at October 1, 2016 $ 9 $ 7,407 $ 4,937 $ (669) $ 27 $ 11,711 Net income Allocation of 2,877 Shares from ESOP - (4) Other comprehensive income (24) (24) Balances at September 30, ,403 5,052 (640) 3 11,827 Net income - - (74) - - (74) Allocation of 2,877 Shares from ESOP Other comprehensive income (5) (5) Balances at September 30, 2017 $ 9 $ 7,408 $ 4,978 $ (611) $ (2) $ 11,782 Home Bancorp Wisconsin, Inc. Consolidated Statements of Stockholders' Equity (Dollars in thousands) Accumulated Other Total Common Additional Retained Unearned ESOP Comprehensive Stockholders' Stock Paid-in Capital Earnings Shares Income Equity See accompanying notes to consolidated financial statements. 5