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References in periodicals archive ?
Unlike the House panel consideration, the Senate proposal sparked questions, mostly centered around CU to mutual savings bank conversions.
I enjoyed reading the letter from Robert J Larison, who was the CEO of Atlantic Coast FCU and then converted to a mutual savings bank [Nov.
Congress clearly intended for credit unions to have the option to convert to a mutual savings bank charter.
Dollar Bank has said that it has completed its reorganisation from a mutual savings bank to a mutual holding company.
"It is our opinion that a California state-chartered credit union may convert to a federal mutual savings bank in the manner described in your letter, " he wrote.
With USD159m in assets as of December 31, 2018, Mutual Savings Bank is a full-service financial institution with its main office at 80 East Jefferson Street, Franklin, Indiana.
Eaton Federal Savings Bank is structured as a mutual savings bank meaning it is owned by its customers, not shareholders.
However in 1999, the institution converted to a mutual savings bank.
Laconia Savings, a mutual savings bank, has assets of approximately $840 million, making it one of the largest community banks in New Hampshire.
Webster Five Cents Savings Bank, a mutual savings bank, has reorganized into a three-tiered mutual holding company, providing a legal structure under which it can look at opportunities it couldn't before, said Richard T.
Clifton Savings Bank has converted from a mutual savings bank to the mutual holding company structure and offered and sold a minority of the shares of the company's common stock in 2004.
A mutual savings bank in Bucks County, First Savings Bank of Perkasie, has announced acquisition of Longview Capital Management L.L.C., a Wilmington registered investment adviser with $270 million in assets under management and administration.