Mortgage News
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Valley National Bank Acquires Certain Deposits and Assets of The Park Avenue Bank
Valley National Bancorp (NYSE:VLY) today announced that its wholly-owned subsidiary, Valley National Bank, assumed all deposits, except certain brokered deposits, and received certain assets of Manhattan-based, The Park Avenue Bank ("Park Avenue Bank") from the Federal Deposit Insurance Corporation ("FDIC"), which was appointed the receiver for Park Avenue Bank.
Valley National Bank,Alan D. Eskow,Wayne N.j. 03/13/2010
North Penn Bancorp, Inc. Reports Results for the Year Ended December 31, 2009
North Penn Bancorp, Inc. (the "Company") (OTC:NPBP) (BULLETIN BOARD: NPBP) , the holding company for North Penn Bank, announced results for the year ended December 31, 2009. The Company reported net income of $787,000 for the year ended December 31, 2009 as compared to $354,000 for the year ended December 31, 2008. This improvement is primarily attributable to higher net interest earnings, an insurance claim recovery relating to a loss recognized in 2008, lower non-interest expense and higher non-interest income.
North Penn Bancorp, Inc.,Frederick L. Hickman,Scranton Pa. 03/13/2010
Iberiabank Announces Birmingham Chairman
IBERIABANK (www.iberiabank.com), the 123-year-old subsidiary of IBERIABANK Corporation, is pleased to announce the naming of W. Charles Mayer III as Chairman of the Birmingham Advisory Board. Mayer has also formally joined the Company and will be working closely with local Executive leadership in executing strategic growth initiatives.
IBERIABANK,Beth Ardoin,Birmingham Alaska 03/13/2010
Marshall & Ilsley Corporation to Hold Annual Meeting of Shareholders on April 27, 2010
Paper Copies of Annual Report and Proxy Available On Request
Marshall & Ilsley Corporation,Randy Erickson,Milwaukee Wisconson 03/13/2010
New Task Force to Crack Down on Mortgage Fraud
March 13, 2010 /24-7PressRelease/ -- New Task Force to Crack Down on Mortgage Fraud
24/7 Press Release Newswire,24/7 Media, 03/13/2010
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