TD Banknorth

Johneth Park Rejoins Sheppard Mullin’s Global Corporate Practice in Seoul

Retrieved on: 
Thursday, April 20, 2023

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that partner Johneth Park has joined the firm’s Corporate and Securities practice group in its Seoul office.

Key Points: 
  • Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that partner Johneth Park has joined the firm’s Corporate and Securities practice group in its Seoul office.
  • Park, who was a partner with the firm from 2015 to 2020, rejoins Sheppard Mullin after serving as General Counsel of Seoul-based Doosan Corporation and Chief Legal Officer of its affiliate HyAxiom, Inc. Park’s return follows Corporate partner Wonsun Jung who joined the firm’s Seoul office earlier this month from White & Case LLP.
  • Park and Jung will serve as Seoul Office Managing Partners, taking over the role from partner Paul Kim, who will continue to serve as the firm’s Seoul office representative.
  • “We are delighted that Johneth has returned to Sheppard Mullin,” said Luca Salvi, Chair of Sheppard Mullin.

Provident Bank Elevates Easse and Tharp to Senior Vice Presidents

Retrieved on: 
Thursday, March 2, 2023

Prior to joining Provident in 2020, she was Vice President and Director of Branch Operations with SB One Bank.

Key Points: 
  • Prior to joining Provident in 2020, she was Vice President and Director of Branch Operations with SB One Bank.
  • The bank also announced that Robert Tharp has been promoted to Senior Vice President.
  • Prior to joining Provident in 2021, he served as a Senior Manager of the TD Bank Partnership at TD Ameritrade.
  • In addition, he has held senior leadership positions with TD Bank, TD Banknorth, and as Director of Retail Sales with Hudson United Bank.

Robert Tharp Joins Provident Bank as FVP, Retail Sales & Services Director

Retrieved on: 
Tuesday, December 14, 2021

ISELIN, NEW JERSEY, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Provident Bank ,a leading New Jersey-based financial institution has announced that Robert Tharp has joined the Bank as First Vice President, Retail Sales & Services Director.

Key Points: 
  • ISELIN, NEW JERSEY, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Provident Bank ,a leading New Jersey-based financial institution has announced that Robert Tharp has joined the Bank as First Vice President, Retail Sales & Services Director.
  • Mr. Tharp is based in the banks Iselin, N.J. administrative headquarters and is responsible for developing and managing the execution of the overall retail sales and services strategy and business development plans.
  • In addition, he is responsible for the programming and the structuring of Small Business Lending, Government Banking, Corporate Development, and Provident Investment Services.
  • In addition, Mr. Tharp has held senior leadership positions with TD Bank, TD Banknorth, and asDirector of Retail Sales with Hudson United Bank.

F.N.B. Corporation and Howard Bancorp, Inc. Announce Merger Strengthening Mid-Atlantic Presence

Retrieved on: 
Tuesday, July 13, 2021

Simultaneously with the parent company merger, Howard Bank will merge with and into FNB's subsidiary, First National Bank of Pennsylvania.

Key Points: 
  • Simultaneously with the parent company merger, Howard Bank will merge with and into FNB's subsidiary, First National Bank of Pennsylvania.
  • "Howard Bank has long committed to building our relevance to our stakeholders as well as our impact on our communities.
  • This joint press release is being made in respect of the proposed merger transaction between FNB and Howard.
  • Howard Bancorp, Inc. is the parent company of Howard Bank, a Maryland-chartered trust company operating as a commercial bank.

F.N.B. Corporation and Howard Bancorp, Inc. Announce Merger Strengthening Mid-Atlantic Presence

Retrieved on: 
Tuesday, July 13, 2021

Simultaneously with the parent company merger, Howard Bank will merge with and into FNBs subsidiary, First National Bank of Pennsylvania.

Key Points: 
  • Simultaneously with the parent company merger, Howard Bank will merge with and into FNBs subsidiary, First National Bank of Pennsylvania.
  • Corporation stated, FNB and Howard share a deep cultural commitment to client and community service.
  • This joint press release is being made in respect of the proposed merger transaction between FNB and Howard.
  • Howard Bancorp, Inc. is the parent company of Howard Bank, a Maryland-chartered trust company operating as a commercial bank.

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

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.

Traditions Bank Forms Holding Company

Retrieved on: 
Tuesday, May 4, 2021

b'YORK, Pa., May 4, 2021 /PRNewswire/ --York Traditions Bank (OTC Pink: YRKB), now doing business as Traditions Bank, announcedyesterday that the Bank has completed its reorganization into a holding company structure effective May 1, 2021.

Key Points: 
  • b'YORK, Pa., May 4, 2021 /PRNewswire/ --York Traditions Bank (OTC Pink: YRKB), now doing business as Traditions Bank, announcedyesterday that the Bank has completed its reorganization into a holding company structure effective May 1, 2021.
  • The Bank is now a wholly-owned subsidiary of Traditions Bancorp, Inc., a Pennsylvania corporation recently formed by the Bank.
  • The reorganization was approved by the Bank\'s shareholders and by the Pennsylvania Department of Banking and Securities and the Federal Reserve Bank of Philadelphia.\nPursuant to the reorganization, each existing shareholder of the Bank will receive an equal number of shares of Traditions Bancorp common stock in exchange for his or her Bank common stock.
  • Instead of receiving a stock certificate, all shares of Traditions Bancorp, Inc. will be in book entry form.\n"The holding company structure has been adopted by many banks because it provides greater flexibility in terms of capital formation and the creation of new business lines," stated Eugene J. Draganosky, President and CEO of Traditions Bank and Traditions Bancorp, Inc. "The holding company structure will also facilitate the organization\'s ability to issue subordinated debt to finance our continued growth and to repurchase outstanding common stock.

Community Bank System Announces First Quarter 2021 Earnings Conference Call

Retrieved on: 
Monday, March 22, 2021

They will be joined by Joseph F. Serbun, Executive Vice President and Chief Banking Officer, for the question and answer session.

Key Points: 
  • They will be joined by Joseph F. Serbun, Executive Vice President and Chief Banking Officer, for the question and answer session.
  • Community Bank System, Inc. operates more than 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company's stock trades under the symbol CBU.
  • For more information about Community Bank visit www.cbna.com or https://ir.communitybanksystem.com .

Third Century Bancorp Announces Dividend

Retrieved on: 
Tuesday, March 2, 2021

(OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on February 25, 2021 the Board of Directors declared a dividend of $0.08 per share for shareholders of record on March 15, 2021.

Key Points: 
  • (OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on February 25, 2021 the Board of Directors declared a dividend of $0.08 per share for shareholders of record on March 15, 2021.
  • The dividend payable date is April 2, 2021.
  • Founded in 1890, Mutual Savings Bank is a full-service financial institution with $209 million in assets as of December 31, 2020.
  • In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the bank operates branches in Franklin at 1124 North Main Street, as well as in Trafalgar and Greenwood, Indiana.

ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award

Retrieved on: 
Thursday, February 18, 2021

"During the time frame of this award, ChoiceOne had completed two bank mergers and consolidated the two banks with and into ChoiceOne Bank.

Key Points: 
  • "During the time frame of this award, ChoiceOne had completed two bank mergers and consolidated the two banks with and into ChoiceOne Bank.
  • In May 2020, ChoiceOne completed the consolidation of Lakestone Bank & Trust with and into ChoiceOne Bank.
  • In October 2020, ChoiceOne completed the consolidation of Community Shores Bank with and into ChoiceOne Bank.
  • ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan and the parent corporation of ChoiceOne Bank.