Proceeds to reduce the amount of the bank’s outstanding subordinated notes
The move will allow the parent firm to invest in real estate while the bank subsidiary can meet new capital requirements
Agreement expands bank’s deposit base
Duggan named senior vice president, lending
Company sees revenues swing into positive territory
Hockin appointed new chairman
Company pressured by low interest rates
Investment dealer adds to growing network of deposit agents
Shareholders of Pacific & Western Credit Corp. have passed a resolution authorizing an amendment to the Class A Preferred Shares provisions, the company said Monday.Class A Preferred Shares may now be converted, at the option of the holders, into Class B Preferred Shares, at a rate of 0.12 of a Class B Preferred Share for […]
Decrease in net interest income led to the losses in the quarter and the year thus far