Savings and loan association

Capital City Bank Named Among “Best Banks to Work For” By American Banker For Nine Consecutive Years

Retrieved on: 
Wednesday, November 10, 2021
Learning, Commercial bank, Mask, Lunch, CEO, PPE, Technology, Lloyds Banking Group, Savings bank, Bank, City Bank, Trust, Company, Environment, Payment card, GLOBE, Savings and loan association, American Banker, PTO, Workplace, 125th, Nasdaq, Mutual savings bank, Financial services

The 2021 edition is the ninth list published by American Banker and the ninth consecutive year Capital City Bank has ranked among the top employers in the financial industry.

Key Points: 
  • The 2021 edition is the ninth list published by American Banker and the ninth consecutive year Capital City Bank has ranked among the top employers in the financial industry.
  • Were honored to be named one of the Best Companies to Work For nationally for the ninth year in a row, said Bill Smith, Capital City Group chairman, president and CEO.
  • The annual Best Banks to Work For list was created in 2013 by American Banker Magazine and Best Companies Group to identify, recognize and honor the best banks to work for in the nation.
  • Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 57 banking offices and 86 ATMs/ITMs in Florida, Georgia and Alabama.

Laurie Ann Kaufmann is recognized by Continental Who's Who

Retrieved on: 
Monday, October 11, 2021
Toronto-Dominion Bank, Finance, First Chicago Bank, First, Financial statement, CFO, Ottawa Jewish Community School, Accounting, Responsibility assignment matrix, Executive, ABN, Chartered Institute of Public Finance and Accountancy, AMRO Bank, Savings and loan association, Security Bank, Technology, Employment, Management

HENDERSON, Nev., Oct. 11, 2021 /PRNewswire/ -- Laurie Ann Kaufmann is being recognized as a Trusted Executive for her exceptional work in the Finance and Accounting field.

Key Points: 
  • HENDERSON, Nev., Oct. 11, 2021 /PRNewswire/ -- Laurie Ann Kaufmann is being recognized as a Trusted Executive for her exceptional work in the Finance and Accounting field.
  • At the beginning of her career, Ms. Kaufmann planned on studying music theory.
  • Ms. Kaufmann earned her Bachelor of Science degree in Accounting from Millikin University, graduating in 1982.
  • Ms. Kaufmann is looking forward to the next chapter in her career as she enters the nonprofit sector.

Double Bottomline Corp. Reaches Definitive Agreement to Purchase Community Savings Bancorp, Inc.

Retrieved on: 
Wednesday, June 9, 2021
Financial services, Community development financial institution, Ethical banking, Savings and loan association, Banking, Finance

CALDWELL, Ohio, June 9, 2021 /PRNewswire/ --Double Bottomline Corp. ("DB") and Evan M. Stone have reached a definitive agreement with Community Savings Bancorp, Inc. (OTC: CCSB), and its wholly-owned subsidiary, Community Savings, a federal savings and loan association, to acquire Community Savings Bancorp, Inc. ("CCSB"), the registered savings and loan holding company for Community Savings.

Key Points: 
  • CALDWELL, Ohio, June 9, 2021 /PRNewswire/ --Double Bottomline Corp. ("DB") and Evan M. Stone have reached a definitive agreement with Community Savings Bancorp, Inc. (OTC: CCSB), and its wholly-owned subsidiary, Community Savings, a federal savings and loan association, to acquire Community Savings Bancorp, Inc. ("CCSB"), the registered savings and loan holding company for Community Savings.
  • Upon consummation of the proposed transaction, DB will own 100% of the outstanding shares of CCSB and its banking subsidiary, Community Savings.
  • As part of the proposed transaction, Community Savings has applied to the U.S. Department of the Treasury to become a community development financial institution ("CDFI").
  • Mr. Stone intends to maintain Community Savings' current footprint and looks forward to serving the needs of its markets.

Mutual Holding Company for TFS Financial Corporation To Seek Member Approval for Dividend Waivers

Retrieved on: 
Tuesday, June 1, 2021
Banking, Professional services, Finance, Financial markets, Finance, Financial economics, Corporate finance, Equity securities, Stock market, Dividend, Shareholders, Savings and loan association, Mutual organization, Stock, Holding company

TFS Financial Corporation (Nasdaq: TFSL), (the Company), the holding company for Third Federal Savings and Loan Association of Cleveland, announced that Third Federal Savings and Loan Association of Cleveland, MHC, (the MHC), the mutual holding company that owns 80.9% of the Companys outstanding common stock, will hold a special meeting of its members.

Key Points: 
  • TFS Financial Corporation (Nasdaq: TFSL), (the Company), the holding company for Third Federal Savings and Loan Association of Cleveland, announced that Third Federal Savings and Loan Association of Cleveland, MHC, (the MHC), the mutual holding company that owns 80.9% of the Companys outstanding common stock, will hold a special meeting of its members.
  • All dividends on the Companys common stock are declared at the discretion of the Companys Board of Directors.
  • A failure to obtain the waiver will likely result in a reduction in the dividend expected to be paid to public stockholders.
  • The Company undertakes no responsibility to publicly update or revise any forward-looking statement.

Ponce Bank Mutual Holding Company and PDL Community Bancorp Announce Adoption of a Plan of Conversion and Reorganization, Related Second-Step Stock Offering and Funding of the Ponce De Leon Foundation

Retrieved on: 
Tuesday, May 25, 2021
Regions of the United States, Finance, Banking, Cooperative banking, Savings and loan association, Bank, Atlantic Coast Financial, TD Banknorth

As a result of the proposed second step conversion transaction, the current mutual holding company structure of Ponce Bank Mutual Holding Company, PDL Community Bancorp, Ponce Bank and Mortgage World Bankers, Inc. will convert to the fully-converted stock holding company structure.

Key Points: 
  • As a result of the proposed second step conversion transaction, the current mutual holding company structure of Ponce Bank Mutual Holding Company, PDL Community Bancorp, Ponce Bank and Mortgage World Bankers, Inc. will convert to the fully-converted stock holding company structure.
  • A new stock holding company for Ponce Bank and Mortgage World Bankers, Inc., to be named PDL Community Financial Corp. and which will succeed to PDL Community Bancorp, will offer for sale shares of its common stock, representing Ponce Bank Mutual Holding Companys ownership interest in PDL Community Bancorp, to depositors of Ponce Bank and others in a subscription offering and, if necessary, a community offering and/or a syndicated community offering.
  • The conversion and offering will not affect the terms and conditions of accounts held by depositors and borrowers or other customers of Ponce Bank.
  • PDL Community Bancorp is the financial holding company for Ponce Bank and Mortgage World Bankers, Inc. Ponce Bank is a federally chartered savings association.

Carver Federal Savings Bank Expands Presence Offering Online Consumer Accounts Across Several Key Markets In Northeast

Retrieved on: 
Wednesday, December 2, 2020
Carver Bancorp, Companies, Carver, Depository institution, Economy of the United States, Deborah Wright, Savings and loan association

NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Carver Federal Savings Bank ("Carver" or the "Bank"), a federally chartered stock savings bank and a certified Minority Depository Institution ("MDI"), announced today that the Bank recently expanded its online presence to include consumer checking and savings accounts across several key markets in the Northeast.

Key Points: 
  • NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Carver Federal Savings Bank ("Carver" or the "Bank"), a federally chartered stock savings bank and a certified Minority Depository Institution ("MDI"), announced today that the Bank recently expanded its online presence to include consumer checking and savings accounts across several key markets in the Northeast.
  • "Consumers and businesses today are increasingly interested in putting their bank deposit dollars to work at institutions that reinvest in their communities," said Michael T. Pugh, President and CEO of Carver.
  • "Since launching our online consumer accounts in these Northeast markets, the response has been positive with approximately $5 million in new bank deposit received and approximately 1,000 new accounts.
  • Carver Bancorp, Inc. (Nasdaq: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

New Orleans Mission Receives $587K for Final Phase of Redevelopment of Facility

Retrieved on: 
Thursday, September 24, 2020
Professional services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, Banking, LOUISIANA, New Orleans, Polders, Savings and loan association, Geography of Louisiana, Gulf Coast of the United States, Fifth District Savings Bank, the Federal Home Loan Bank of Dallas

The goal of New Orleans Mission is to provide a safe haven for men and women in desperate need, said David Bottner, executive director of the New Orleans Mission.

Key Points: 
  • The goal of New Orleans Mission is to provide a safe haven for men and women in desperate need, said David Bottner, executive director of the New Orleans Mission.
  • President and CEO of Fifth District Savings Bank, Brian North, said the bank actively supports local organizations in the communities it serves.
  • Through the Affordable Housing Program, we can continue to help expand programs that will serve those in need throughout New Orleans, he said.
  • Established in 1926, Fifth District Savings Bank is a federal mutual savings association with seven locations serving the New Orleans metropolitan area.

Third Federal Savings and Loan Association of Cleveland, MHC Receives Non-Objection for Dividend Waiver

Retrieved on: 
Monday, August 3, 2020
Banking, Professional services, Finance, Cooperative banking, Savings and loan association, Mortgage loan, Economy, Great Recession in the United States, In economics

The result will allow us to continue adding value to Third Federal by offering a dividend to our shareholders.

Key Points: 
  • The result will allow us to continue adding value to Third Federal by offering a dividend to our shareholders.
  • I remain positive about our loan performance, our strong application volume, and the stability of our overall business.
  • Third Federal Savings and Loan Association is a leading provider of savings and mortgage products, and operates under the values of love, trust, respect, a commitment to excellence and fun.
  • Third Federal, which lends in 25 states and the District of Columbia, is dedicated to serving consumers with competitive rates and outstanding service.

Rosedale Federal Savings and Loan Selects KlariVis Data Analytics Platform

Retrieved on: 
Thursday, July 30, 2020
Data management, Professional services, Other Professional Services, Technology, Software, Rosedale, Baltimore County, Maryland, Savings and loan association, Geography of Maryland, Geography of the United States

KlariVis , a unique and proprietary data analytics software platform developed by bankers for bankers, announced that Rosedale Federal Savings & Loan Association (Rosedale Federal) selected KlariVis for their data analytics platform.

Key Points: 
  • KlariVis , a unique and proprietary data analytics software platform developed by bankers for bankers, announced that Rosedale Federal Savings & Loan Association (Rosedale Federal) selected KlariVis for their data analytics platform.
  • KlariVis empowers community financial institutions to make more strategic and better-informed decisions by uncovering and providing access to their transformative data.
  • For 112 years, Rosedale Federal Savings & Loan Association (Rosedale Federal) has been serving Baltimore City, Baltimore County and Harford County residents with unparalleled personal service and high-quality savings and loan products at competitive rates.
  • Headquartered, in Perry Hall, Maryland, Rosedale Federal is a locally run, independent mutual savings and loan institution with 9 total locations.

Central Federal Corporation Announces The Resignation Of CFO John Helmsdoerfer

Retrieved on: 
Thursday, June 25, 2020
Termination of employment, Economy, Bank, Banking, Economic history of Italy, Severance package, Savings and loan association, Resignation, Human activities

In connection with his resignation, the Company, CFBank and Mr. Helmsdoerfer have entered into a Resignation and Release Agreement that provides, among other things, for certain severance payments and benefits in exchange for certain covenants and releases from Mr. Helmsdoerfer.

Key Points: 
  • In connection with his resignation, the Company, CFBank and Mr. Helmsdoerfer have entered into a Resignation and Release Agreement that provides, among other things, for certain severance payments and benefits in exchange for certain covenants and releases from Mr. Helmsdoerfer.
  • Mr. Helmsdoerfer has agreed to assist the Company and CFBank to help transition his job responsibilities, both prior to and after his resignation.
  • I have personally had the pleasure to work with John in the banking industry for over 20 years, including the past seven years at CFBank.
  • Central Federal Corporation is a financial holding company that owns 100% of the stock of CFBank, National Association (CFBank), which was formed in Ohio in 1892 and converted from a federal savings association to a national bank on December1, 2016.