Flushing Financial Corporation Declares Quarterly Dividend of $0.13 Per Share Nov 18, 2009
LAKE SUCCESS, N.Y., Nov. 17, 2009 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (Nasdaq: - ), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), today announced that the Board of Directors declared a quarterly dividend on its common stock of $0 ... Flushing Financial Corporation is the parent holding company for Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the FDIC. The Bank serves consumers and businesses by offering a full complement... (Primezone Releases)
Mill Street Brigham's shuttered on Nov. 13 Nov 17, 2009
Over the course of the summer, it emerged that Brigham s had failed to pay some of its creditors toward the end, and then Cambridge Savings Bank took over the factory, offices and restaurant after failing to sell it at a foreclosure auction. In September, the restaurant s franchise expired, said former owner John Weafer, and rather than renew it, the Baltimore business took over the store and sent Weafer to work for another Brigham s location on the South Shore. (Arlington Advocate, MA)
Manufacturer develops new product line during slowdown Nov 16, 2009
Troy Savings Bank, now , agreed to help; the company still works with the bank today. Brooks and Loeffel did not set out to target multimillion-dollar homes. (Albany Business Review, NY)
Martime to 'bolster' capital position Nov 15, 2009
Maritime Savings bank officials are also working with customers to help restructure their loans and minimize loan delinquencies ... Maritime Savings Bank is not immune to this trend. (Milwaukee Business Journal, WI)
Territorial's 3rd-quarter profit dives Nov 15, 2009
The parent of Territorial Savings Bank reported a decline in its third quarter earnings largely due to a write-down of some of its debt securities. The company said yesterday that it earned $729,000 during the three months ending Sept. 30, which was down from $2. (Honolulu Advertiser)
Women of the hunt: more females answer the call of the wild Nov 14, 2009
For Bill and I, when we re not hunting we re planning our next hunting trip, said Deborah, the branch manager at Sterling Savings Bank. Hunting is many experiences: watching wildlife all around you, being extremely physical, and being in competition with yourself to stalk your animal well and take it with one, accurate, humane kill shot. (Ellensburg Daily Record, WA)
Watertown Boosters Association pays off fitness center debt Nov 14, 2009
The boosters association raised about $21,000 at the Fight for Fitness tournament this year, allowing them to pay off the note from Watertown Savings Bank. The fitness center may be paid off, but that doesn t mean the beloved community tradition will end. (Watertown TAB & Press, MA)
Northwest Bancorp conversion begins Nov 14, 2009
Northwest Bancorp Inc., of which Northwest Savings Bank is a subsidiary, said it has received conditional regulatory approval to begin the conversion and offering ... At least 53,975,000 shares must be sold and various approvals including approval by Northwest Savings Bank depositors must be received in order for the reorganization to be finalized. (Buffalo Business First, NY)
Police log excerpts, Nov. 12 edition Nov 14, 2009
2:36 p.m. A Minot Road resident reported fraudulent checks were cashed from her account with Middlesex Savings Bank in Concord. The bank said another Minot Road resident was unsuccessful cashing a $100 check at branch in Bedford but was able to cash a check for an unknown amount in Concord. (Concord Journal, MA)
Fighting to raise money in Watertown Nov 14, 2009
The tournament, which began in 2000, was created to help finance the Watertown Savings Banks Fitness Center located in the basement of Watertown High School. The Fitness Center, which opened its doors in 2000, was funded with the help of donations by Watertown Savings Bank, which granted the boosters a note of almost $200,000. (Watertown TAB & Press, MA)
'Lending crisis': Seacoast entrepreneurs lash out at bankers Nov 14, 2009
Jay Gibson, of Piscataqua Savings Bank, and Daniel Morrison, of Optima Bank and Trust both Portsmouth-based community banks asked that they not be lumped into the credit issues facing the larger banks. Both said they, and most independent community banks, are anxious to lend. (Seacoast New Hampshire)
Territorial Savings Banks Q3 profits fall Nov 14, 2009
Territorial Savings Banks Q3 profits fall - Pacific Business News (Honolulu) ... Territorial Savings Banks Q3 profits fall ... The parent company of Territorial Savings Bank reported on Friday profits of $729,000 for the third quarter, or 6 cents per share, down 69. (Pacific Business News, HI)
Sheldon A. Gathers Nov 14, 2009
Memorial donations may be made to the Evan and Noah Gathers and Emily Jewell Education Fund, c/o Northwest Savings Bank, Rimersburg, Pa. 16248. (Fredericksburg.com, VA)
Exclusive Subscriber Content Nov 13, 2009
American Savings Bank Business Leader of the Year. Lifetime Achievement Award. (Pacific Business News, HI)
Community calendar Nov 13, 2009
St. Pauls United Church of Christ luncheon 11 a.m. to 1 p.m., Pilot Grove Savings Bank Community Room, Donnellson. Church Women United World Community Day 1 p.m., First Lutheran Church, 1101 Blondeau St., Keokuk. (Keokuk Daily Gate City, IO)
Police search for Harvard Square bank robber Nov 13, 2009
A man was caught on camera robbing the Cambridge Savings Bank in Harvard Square on Nov. 12, 2009 ... The Cambridge Savings Bank at 1374 Mass. (Cambridge Chronicle, MA)
BA's long haul to Iberia deal Nov 13, 2009
The remaining shares in play were acquired instead by another Iberia shareholder, savings bank Caja Madrid, which now owns about 23% of Iberia, making it the airline's biggest shareholder. Stumbling blocks. (BBC News -- Europe)
The IVSO and friends bring the Nutcracker to the Illinois Valley Nov 13, 2009
Sponsored by Spring Valley City Bank and Eureka Savings Bank, many performers will join the IVSO to bring the ballet to life including dancers from Dance Center, Gray;s School of Dance and Ottawa Dance Academy, and singers from the Streator Middle School choir. The Nutcracker; is a scenario based on Alexandre Dumas; French version of ;The Nutcracker and the Mouse King; by E.T.A. Hoffmann. (Princeton Bureau County Republican, IL)
Hawaii developers success took root on a Maui farm Nov 13, 2009
American Savings Bank Business Leader of the Year ... It s for this leadership that Carr is the American Savings Bank Business Leader of the Year. (Pacific Business News, HI)
First Advantage Bancorp Announces 2009 Third Quarter Earnings Nov 13, 2009
Nov. 12, 2009 (GLOBE NEWSWIRE) -- First Advantage Bancorp (the "Company") (Nasdaq: - ), the holding company for First Federal Savings Bank (the "Bank"), today announced its results of operations for the three and nine months ended September 30, 2009 ... Founded in 1953, First Federal Savings Bank, a wholly-owned subsidiary of First Advantage Bancorp, is a federally chartered savings bank headquartered in Clarksville, Tennessee ... First Federal Savings Bank offers a full range of retail and... (Primezone Releases)
John F. Reilly Jr., volunteer and insurance executive, 77 Nov 13, 2009
He also was a director of Colonial Gas Co. in Lowell and Massachusetts Electric Co. in Westborough, director of Family Bank in Haverhill, and was a trustee and member of the board of investment at Central Savings Bank in Lowell. He also served as secretary and director of Lowell Revitalization Corp., was cofounder and director of The Friends of Lowell High School, chairman at Saints Medical Center in Lowell, and chairman of the board of trustees of Lowell Memorial Auditorium. (Boston Globe)
* No link between Chen, Palauan funds Nov 12, 2009
On Monday, Palauan President Johnson Toribiong was reported to have said in a TV interview in Palau that in 2005, an unidentified wire of US$41 million was routed through Palaus Pacific Savings Bank to the US and other countries. The bank later collapsed and Palauan authorities are investigating the matter, he said. (Taipei Times, Taiwan -- World)
Industrial Federal joins bank partnership Nov 11, 2009
Industrial Federal will be the sixth institution to join HomeTrust, which already includes Home Savings Bank of Eden and savings banks in Shelby, Tryon, Rutherford County and Asheville. The integration of Industrial Federal is expected to be completed by the end of January. (Triad Business Journal, NC)
Sutermeister joins Franklin Savings board Nov 11, 2009
Steven Sutermeister has joined s board of directors, the savings bank said Tuesday. Sutermeister was most recently president of Summit Investment Partners, a subsidiary of the in Cincinnati. (Cincinnati Business Courier, OH)
William L. Ruane Jr. Nov 11, 2009
Tue Nov 10, 2009, 05:05 PM EST. Beloved husband of Kathleen A. (Connolly) Ruane. (Belmont Citizen Herald, MA)
Inside the Collapse of GM's Opel Deal Nov 11, 2009
German auto executives were not the only ones who felt that the chancellor's plan to mold a Canadian-Austrian automotive supplier, Russia's leading savings bank, the European GM subsidiaries and billions in taxpayer money into a competitive, global company was a ludicrous idea. The plan was also widely criticized abroad. (BusinessWeek)
Demand on Raynham Food Basket growing Nov 11, 2009
Donations of non-perishable food items may be dropped at the Bristol County Savings Bank on North Main Street, Raynham Senior Center on King Philip Street, Rockland Trust Co., 275 B Route 44 and the Raynham Public Library on South Main Street. For more information, please call 508-823-1104. (Allston Brighton TAB, MA)
* Chen denies flying money overseas Nov 11, 2009
4 billion (US$40 million) was routed through Palaus Pacific Savings Bank in 2005 to the US and other countries. I do not know where the money came from and where it went to. (Taipei Times, Taiwan -- World)
Eleanor F. (Cody) Brown-Daiute Nov 10, 2009
She retired at the age of 74 after 25 years as a receptionist, bookkeeper & switchboard operator for the former Quincy Savings Bank in Quincy. She stayed active, taking piano lessons, tap dancing & a student of yoga. (Braintree Forum, MA)
Face time wanted from Justin Timberlake Nov 10, 2009
Ben s butt break The latest financial institution to be robbed by Ben Affleck appears to be Melrose Savings Bank on the corner of Main and West Foster streets. Affleck, who plays a bank robber in his new movie The Town, was shooting with his crew at the bank yesterday morning. (Boston Globe)
Capitol Federal Savings Bank will expand into Missouri Nov 10, 2009
for free extra services. Monday, November 9, 2009, 1:25pm CST. (Wichita Business Journal, KS)
Iversens Ipoh Nov 10, 2009
In 1950, while recuperating after the removal of his right kidney in Denmark, his design for a post office savings bank in Malaya won him a prize of $5,000 (then). The building later became the Federal House and was opened by British High Commissioner Donald MacGillvray in 1954. (The Star Online, Malaysia)
POLICE NEWS: Oct. 26-Nov. 1, 2009 Nov 10, 2009
At 1:27 p.m. the holdup alarm went off at Clinton Savings Bank, accidentally set off by a bank employee. At 2:25 p.m. a South Bolton Road resident reported that her TV went out and all the bells and whistles are sounding. (Bolton Common, MA)
Fight lands man in jail on drug charge Nov 10, 2009
At 2:27 a.m., officers responded to a call about man and woman fighting outside Sterling Savings Bank, 150 S. Wall St. Upon arrival, they arrested 49-year-old Michael Wright on a warrant and a new charge of possession of methamphetamine. The warrant was over previous drug-related charges. (Coos Bay-North Bend The World, OR)
Stocks soar, but not jobs Nov 10, 2009
The Massachusetts chapter of the Arthritis Foundation is honoring Savings Bank Life Insurance chief Bob Sheridan with the Dr. John I. Sandson Lifetime Achievement Award during its annual dinner at the Fairmont Copley Plaza tonight. Sheridan, a big supporter of the foundation for several years, most recently sponsored its annual Arthritis Walk. (Boston Globe)
Metcalf Paving seeking OK to borrow $100,000 Nov 10, 2009
In a motion filed Monday on behalf of the company by attorney Ira B. Charmoy of Bridgeport, Metcalf states it has been unable to reach an agreement with Naugatuck Savings Bank, which has a lien on the company's assets and receivables, to allow Metcalf to use its cash collateral. The company needs cash to "continue in business, reorganize and maintain its employees," the motion states. (Republican-American)
Banks in Ga., Mich., Minn., Mo., Calif. closed Nov 8, 2009
with $157 million in assets and $150 million in deposits; Home Federal Savings Bank in Detroit, with $14. 9 million in assets and $12. (WCAX.com, VT)
State OKs Modified Plan for Litchfield Crossing Nov 7, 2009
Mr. Scalzo said the initial de-velopment at the southern portion of Litchfield Crossings would include a Union Savings Bank branch and an ATe, along with the possibility of some other smaller retail outlets. Mr. Nolan said the STC had received a full signalization plan for the area, which reportedly currently receives 35,000 vehicle trips a day. (New Milford Times, CT)
U.S. Closes Home Federal Savings in Detroit Nov 7, 2009
WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions. The Federal Deposit Insurance Corp said Home Federal Savings Bank had $14 ... Liberty Bank and Trust Co, of New Oreans, agreed to assume all deposits of Home Federal Savings Bank, whose two branches will reopen as branches of Liberty Bank and Trust. (ABC News -- Wire)
Business briefs Nov 7, 2009
Five US banks failed last night and were taken over by the FDIC. The banks were: United Commercial Bank of San Francisco, Gateway Bank of St. Louis, Prosperan Bank of Minnesota, Home Federal Savings Bank in Detroit and United Security Bank in Georgia ... Five US banks failed last night and were taken over by the FDIC. The banks were: United Commercial Bank of San Francisco, Gateway Bank of St. Louis, Prosperan Bank of Minnesota, Home Federal Savings Bank in Detroit and United Security Bank in... (New York Post -- Business)
CHS Earth Club teams with Treats, El Dorado Savings Bank for eco-friendly giveaway Saturday Nov 7, 2009
Posted: Friday, November 6, 2009 3:00 PM CST In association with El Dorado Savings Bank and Treats, the Calaveras High School Earth Club will give away hundreds of reusable grocery bags and compact fluorescent light bulbs to customers of these two establishments from 10 a.m. to 2 p.m. Saturday. El Dorado Savings Bank is dedicated to reducing overdependence on plastic bags and provided the CHS Earth Club with 100 reusable grocery bags printed with their logo. (San Andreas Calaveras Enterprise, CA)
UCBH Holdings' Bank Is Seized, Becomes 120th U.S. Lender Closed This Year Nov 7, 2009
Home Federal Savings Bank Liberty Bank & Trust 14. 9 12. (Bloomberg -- US)
Beacon Santa is coming Nov 6, 2009
Watch in the Journal for information about donating online through PayPal, or please send a check or money order to The Beacon Santa Fund, c/0 Middlesex Savings Bank, P.O. Box 645, Maynard 01754. Residents can also drop off donations at our offices, 150 Baker Ave. Extension, Concord or 9 Meriam St., Lexington. (Concord Journal, MA)
Bank celebrates anniversary with contest Nov 6, 2009
To commemorate its 175th anniversary, Cambridge Savings Bank s charitable foundation donated $175,000 to community-based nonprofits ... This event, which Cambridge Savings Bank will offer through its Web site, requires supporters of the competing charities to vote for their favorite non-profit at www ... Cambridge Savings Bank will announce the winners in January 2010. (Burlington Union, MA)
Woman sent to prison for probation violationShe was convicted previously of stealing the Klamath Bucket Brigade checkbook Nov 5, 2009
She was convicted in February of stealing $2,195 from Sterling Savings Bank and again was placed on probation. She continued to violate probation by failing to remain under the supervision of the probation department, failing to complete community service and failing to make restitution payments. (Klamath Falls Herald & News, OR)
Ban on topless breast cancer survivors' photos is protested Nov 5, 2009
"I hope the participating artists understand that we respect all forms of art but as a federal savings bank, we err on the side of caution with all displayed and materials viewed by our customers and guests at the Cafe," said Brown ... "I hope the participating artists understand that we respect all forms of art but as a federal savings bank, we err on the side of caution with all displayed and materials viewed by our customers and guests at the Cafe," said Brown. (Honolulu Star-Bulletin)
Eureka Financial has 4Q earnings of $171K Nov 4, 2009
Eureka (OTC BB:EKFC), founded in 1886, is a federally chartered stock savings bank that operates one office in Pittsburgh s Oakland neighborhood. Most Read Stories. (Pittsburgh Business Times, PA)
Bryn Mawr Bank Corporation to Acquire First Keystone Financial, Inc. Nov 4, 2009
Nov. 3, 2009 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq: - ) (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced that it had signed a definitive Agreement and Plan of Merger ("Merger Agreement") to acquire First Keystone Financial, Inc. (Nasdaq: - ) a financial services company headquartered in Media, PA, which is the parent holding company for First Keystone Bank, a federally-chartered savings bank headquartered in Media. The acquisition will... (Primezone Releases)
News in brief Nov 3, 2009
Angel trees will be placed in our local churches and at the First State Bank and Farmers Trust and Savings Bank. Angels will appear on the Angel trees by Sunday, Nov. 22. (Forest City Summit, IO)
Hawaii stocks mixed; Wall St. ends up Nov 3, 2009
(NYSE: HE), parent company of American Savings Bank and Hawaiian Electric Co., up 2 ... (Nasdaq: TBNK), parent company of Territorial Savings Bank, was up 1. (Pacific Business News, HI)
Hawaiian Electric earnings fall 10.2% Nov 3, 2009
HEI subsidiary American Savings Bank s net income fell to $11 ... HEI subsidiary American Savings Bank s net income fell to $11. (Honolulu Star-Bulletin)
Billions in aid to banks not reaching many seeking loans Nov 2, 2009
Now he has taken another route - seeking approval for a Small Business Administration loan from Middlesex Community Savings Bank, a 31-branch bank that did not receive bailout money ... David Bennett, vice president of small business lending at Middlesex Community Savings Bank, said community banks have always been in tune with small business needs because they make lending decisions based on the needs of customers, not shareholders. (Boston Globe)
Pay-back time with new British banks Nov 2, 2009
-The TSB, the old Trustee Savings Bank. Its branches, which were bought up by Lloyds, will be resurrected across Britain. (Sydney Morning Herald -- Business)
Amesbury organization honored as Pioneer in Partnership Nov 1, 2009
Appointed as 2009 Officers for the Commission were: President: Kevin Tierney, Saugusbank; Vice Presidents: Richard Yagjian, Hunt s Photo and Video and David Hildt, Adelente Youth Center; Treasurer: John Meserve, Merrimac Savings Bank; Assistant Treasurer: Sean Flynn, Commonwealth Financial Network; Clerk: Frederic Winthrop, formerly of The Trustees of Reservations; Assistant Clerk: E. Stanley Dodge, Beverly Cooperative Bank; Immediate Past President: Nancy Huntington Stager, Eastern Bank;... (Amesbury News, MA)
Ipswich residents honored by Essex National Heritage Commission Nov 1, 2009
Appointed as 2009 Officers for the Commission were: President: Kevin Tierney, Saugusbank; Vice Presidents: Richard Yagjian, Hunt s Photo and Video and David Hildt, Adelente Youth Center; Treasurer: John Meserve, Merrimac Savings Bank; Assistant Treasurer: Sean Flynn, Commonwealth Financial Network; Clerk: Frederic Winthrop, formerly of The Trustees of Reservations; Assistant Clerk: E. Stanley Dodge, Beverly Cooperative Bank; Immediate Past President: Nancy Huntington Stager, Eastern Bank;... (Ipswich Chronicle, MA)
The billionaire next door: FBOP's Michael Kelly Nov 1, 2009
Among the local banks he snapped up in the 1990s were Cosmopolitan National Bank, Regency Savings Bank and Pullman Bank ... " Another family trait was his father Edward's perseverance. He'd spend the night at a farmhouse, if necessary, to clinch a tractor sale. "He drove a hard, hard deal, but he didn't lie," says Ms. Daly. TOUGH FORMULA As a banker, Mr. Kelly acts similarly, sometimes cutting his offering price as buyout negotiations proceed. He obtained one such reduction in the price for... (Crain's Chicago Business)
A throwback to the 1930s Nov 1, 2009
201, or in Ontario at the Bank of the West, Sterling Savings Bank, Red Apple Marketplace, Malheur Federal Credit Union and the Four Rivers Cultural Center Gift Shop. Lifestyle Editor Sean Hart can be contacted at. (Ontario Argus Observer, OR)
Hyde Park Savings Bank elects Houston as chairman Nov 1, 2009
Hyde Park Savings Bank recently announced the election of David J. Houston Jr. to the position of chairman of the Board of Directors ... Hyde Park Savings Bank recently announced the election of David J. Houston Jr. to the position of chairman of the Board of Directors. (West Roxbury Transcript, MA)
LETTER: Rain didn't dampen enthusiasm for Walk Against Violence a success, despite the weather Oct 31, 2009
We would also like to acknowledge and thank our other sponsors and supporters including: Trekker Sponsors: Citizens Bank Foundation; The Newburyport Five Cents Savings Bank; Rambler Sponsors: Castagna Construction; First National Bank of Ipswich; SPS New England, Inc.; Media Sponsors: The Daily News of Newburyport; WNBP 1450 AM The Legends ; Web-based Team: Mintz, Levin, Cohn, Ferris, Glovsky and Pompeo, LLP; Bandstand Sponsors: Anonymous; Arthur S. Page Insurance Agency; New Balance Foundation;... (Amesbury News, MA)
Feds tighten scrutiny on Colombo Bank Oct 31, 2009
It s not clear if the agreement Colombo Bank reached with bank regulators will have any impact on its plans to merge with publicly traded Independence Federal Savings Bank, (Nasdaq: IFSB) which is based in Washington, D.C.. Robert B. Isard, Independence Federal Savings Bank s acting CEO, declined to comment, citing Securities and Exchange Commission rules ... Bender, an Independence Federal Savings Bank director and majority shareholder, and his family, hold more than 90 percent of Colombo s... (Baltimore Business Journal, MD)
Mark Langenfeld Oct 30, 2009
The bank was chartered in 1892 as the German Savings Bank, and in 1917 the name was changed to Farmers Trust gs Bank. Langenfeld was a longtime community volunteer and leader for Earling and Shelby County. (Harlan Tribune, IA)
Oct. 29 Letters to the editor Oct 30, 2009
They are the several kind Friends of St. Anne who wish their donations to be anonymous; Middlesex Savings Bank; Acton Funeral Homes; Paul and Cynthia Avella; Jackie Butterfield; Bishop Ruocco Council, Knights of Columbus; Father Dave Callahan and Family; Campbell s Scottish Highlands Golf Course, Salem NH; Jay Cannon; Chip Shots Grill and Sports Pub; Evan, Lian and George Clancy; Peg Cozzens; Peggy Cozzens, Jr.; Crossroads Restaurant, Acton; Milly and Paul Curtin; Donelan s Supermarkets, Inc.;... (Littleton Independent, MA)
PVF Capital Corp. Announces Quarterly Earnings Oct 30, 2009
SOLON, Ohio, Oct. 29, 2009 (GLOBE NEWSWIRE) -- PVF Capital Corp. (Nasdaq: - ), the parent company of Park View Federal Savings Bank, announced net income of $4,200,000, or $0. 54 basic and diluted earnings per share for the quarter ended September 30, 2009 as compared to a net loss of $901,300, or $0. (Primezone Releases)
Jefferson Bancshares, Inc. Declares Quarterly Dividend Oct 30, 2009
Jefferson Bancshares, Inc. is the holding company for Jefferson Federal Bank, a Tennessee-chartered savings bank headquartered in Morristown, Tennessee. Jefferson Federal Bank is a community-oriented financial institution offering traditional financial services with offices in Hamblen, Knox, Sullivan and Washington Counties, Tennessee. (Primezone Releases)
Provident Financial Holdings Announces Quarterly Cash Dividend Oct 30, 2009
Oct. 29, 2009 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. ("Company"), (Nasdaq: - ), the holding company for Provident Savings Bank, F.S.B., today announced a quarterly cash dividend of $0. 01 per share on the Company's outstanding shares of common stock. (Primezone Releases)