Fox Chase Bancorp to change structure of company, offer more shares

Fox Chase Bancorp, the holding company for Fox Chase Bank, said its board of directors has adopted a plan to convert from a two-tier mutual holding company structure to a stock holding company structure. It will undertake a second-step stock offering of shares of common stock in connection with the conversion. Fox Chase Bank converted from a mutual savings bank to the two-tier mutual holding structure and offered and sold a minority of the shares of the mid-tier stock holding company in 2006. It raised about $64 million in an offering that closed in September 2006. Fox Chase owns 59.9 percent of the company’s outstanding common stock. It will be merged with and into the new company as part of the reorganization and its shares will be retired. The new holding company will offer and sell shares of common stock in an amount representing the percentage ownership interest currently held by the mutual holding company. [Read the full article]

{loadposition in-article}, Inc. (Nasdaq:TREE – News) today announced that it will release its first quarter 2010 results on Friday, April 30. Doug Lebda, chairman and chief executive officer, and Matt Packey, senior vice president and chief financial officer, will hold a conference call at 11:00 a.m. Eastern Time. Those interested in participating in the conference call may dial in five minutes prior to the start. The call will be simultaneously web cast via the company’s web site at

To listen to a replay of the call Dial in #: 888-203-1112 719-457-0820 from outside the United States Replay Passcode: 4853330

Replay will be available beginning at 2:00 p.m. Eastern Time on Friday, April 30 until 11:59 p.m. on Friday, May 14, 2010., Inc. [Read the full article]

BankAtlantic, Florida Most Convenient Bank, announced today that it has partnered with local Attorney, Jay Steven Levine and local CPA, Kevin M. Payne to host an educational seminar and continuing education credits to Treasure Coast Property Managers and Community Associations including Homeowners Associations (“HOA”) and Condominium Owners Associations (“COA”).

The seminar will be held on Thursday, March 25, 2010, from 11:00 a.m. to approximately 2:30 p.m. at Manero’s Restaurant, 2851 SW High Meadow Avenue, in Palm City. A complimentary lunch will be provided, courtesy of BankAtlantic. Attendees will earn two free hours of Licensed Community Association Manager continuing education credits (course #9625650 in the “other” category). [Read the full article]

You may also like...