Savings scheme

PPF – Invest in this government tax-free savings plan

The Public Provident Fund, or PPF, was established by the Indian government in the past to help small savers who do not like to take risks. It is one of the most popular government sponsored savings plans in India. The PPF’s Exempt-Exempt-Exempt (EEE) feature, which makes it completely tax-exempt, makes it one of the few […]

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American Savings Bank loans are strong but earnings are falling

Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! American Savings Bank loans jumped in the second quarter, but net income fell 42.3%, mainly due to the release of a large sum of money from its loan loss reserve during of the previous quarter, which distorted the most recent results. The state’s third-largest bank, which […]

Savings bank

Former CEO of Fulton Savings Bank honored by OOC

Operation Oswego County, Inc. (OOC) honored Michael J. Pollock, retired president and CEO of Fulton Savings Bank, with the Martin Rose Economic Developer Merit Award during the OOC’s annual meeting which s is held in mid-June. From left to right, L. Michael Treadwell, Executive Director of the OOC; pollock; and Ellen Holst, Chair of […]

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Short-term interest on Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) increases by 2,000.0%

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY – Get Rating) was the target of a sharp increase in short-term interest during the month of July. As of July 15, there was short interest totaling 2,100 shares, an increase of 2,000.0% from the June 30 total of 100 shares. Based on an average daily volume […]

Savings bank

Caisse d’Epargne Territoriale profits up 1.3%, according to analysts’ best estimates

Territorial Savings Bank beat analysts’ estimates as net profit edged up 1.3% in the second quarter on improved margins from higher interest rates and $1.5 million interest earned on investment securities. The state’s fifth-largest bank today reported net income of $4.11 million, or 46 cents per share, to beat analysts’ consensus estimate of 41 cents. […]

Savings bank

Machias Savings Bank Donates $100,000 in Community Development Grants

The Machias Savings Bank has awarded a total of $100,000 in community development grants to 18 nonprofits across the state. Grants have been awarded to the following organizations: Village of AgassizAIO food and energy assistanceAroostook County Action Program IncBangor Area Homeless Shelterbig rock mountainChristine B FoundationMaine Common SonsEastern Region Agency on AgingHealthy AcadiaPantry for breads […]

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Wilbraham United players receive donation from Monson Savings Bank

MONSON, Mass. (WWLP) – Dan Moriarty, President and CEO of Monson Savings Bank, and Carolyn Balicki, Branch Manager and Retail Banking AVP Officer, recently met at the Wilbraham branch of Monson Savings Bank for the president of Wilbraham United Players. , Shelly Capen with a contribution of $1,750. Rejoice, wine lovers! UMass Amherst researchers find […]

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SOMERSET SAVINGS BANK TO CONDUCT THE CONVERSION AND ASSOCIATED SHARE OFFERING AND TO MERGE WITH REGAL BANCORP, INC.

As part of the conversion, the boards of directors of Somerset Savings and SR Bancorp have entered into a definitive merger agreement with Regal Bancorp, Inc. (“Regal Bancorp”) and its subsidiary Regal Bank. As part of the merger, Regal Bancorp will merge with and into SR Bancorp, with SR Bancorp as the surviving entity, and […]

Savings bank

Oma Savings Bank will publish its half-year financial report

OMA SAVINGS BANK PLC, INVESTOR INFO JULY 25, 2022 Oma Ssavings bank will be publish Half-Yesear Ffinancial Report and invite to a press conference on 1 August 2022 Oma Savings Bank Plc (OmaSp) will publish its 2022 half-year financial report on Monday, August 1, 2022 estimated at 8:30 a.m. EET. The press release can be […]

Savings bank

SOMERSET SAVINGS BANK TO CONDUCT THE CONVERSION AND ASSOCIATED SHARE OFFERING AND TO MERGE WITH REGAL BANCORP, INC.

BOUND BROOK, NJ and LIVINGTON, NJ, July 25, 2022 /PRNewswire/ — Somerset Savings Bank, SLA (“Somerset Savings”) announced today that its board of directors has adopted a conversion plan to convert from mutual to shareholder form. SR Bancorp, Inc., a new company Maryland corporation (“SR Bancorp” or the “Company”), has been organized to facilitate the […]

Savings bank

Monson Free Library receives $1,000 donation from Monson Savings Bank

MONSON, Mass. (WWLP) – Dan Moriarty, president and CEO of Monson Savings Bank, recently met Hope Bodwell, director of the Monson Free Library, to donate $1,000 on behalf of the bank. The donation was presented as part of the Monson Savings Bank 2022 Community Giving Initiative, which gave the general public the opportunity to choose […]

Savings bank

Thomaston Savings Bank donates $90,000 to community groups |

The Thomaston Savings Bank Foundation continues to make significant financial contributions to Connecticut communities. The foundation has distributed more than $90,000 in grants during the first phase of its 2022 grantmaking cycle. Thomaston Savings Bank Community Outreach Manager Cheryl Lindstrom said she was delighted to be able to offer a grant. “The Thomaston Savings Bank […]

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Cambridge Savings Bank Aids Expansion of Michaels Organization in Greater Boston Area with $61.7 Million Construction Loan

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-focused approach and over $5 billion in assets, announced today that it has provided a construction loan of $61.7 million at The Michaels Organization (Michaels), a national leader in residential real estate with more than 175,000 residents in 37 states, the District of […]

Savings bank

Executive moves: Spencer Savings Bank, Springpoint and more

Executive Moves is an occasional feature on ROI-NJ.com outlining some of the significant personnel changes in the New Jersey business community. Reports are based on press releases, edited for content, clarity and style. Kadean Bruce-Miller, Spencer Savings Bank Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce the promotion of Kadean […]

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Thomaston Savings Bank awards two $10,000 scholarships

Pictured: Lauren Searle (top) and Jordan Haggard (bottom). TORRINGTON – Torrington Savings Bank is pleased to announce that Jordan Haggard of Falls Village and Lauren Searle of Burlington are the recipients of the 2022 TSB Scholarships. Each year, the Bank offers two graduates a scholarship of $10,000 over 4 years […]

Savings bank

Spencer Savings Bank Joins NJPCC as Support Level Sponsor

Noah Michael O’Hare, NJPCC Ambassador and Director of Ewing’s Financial Center, presented a check for $5,000 on behalf of Spencer Savings Bank to Gus Penaranda, Executive Director of NJPCC and Stephen P. Blazejewski, Chairman of the NJPCC. The New Jersey Pride Chamber of Commerce (NJPCC) announced that it has secured Support Level Sponsorship from Spencer […]

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SPENCER SAVINGS BANK BECOMES A SUPPORTING LEVEL SPONSOR OF THE NEW JERSEY PRIDE CHAMBER OF COMMERCE

SPENCER SAVINGS BANK BECOMES A SUPPORT LEVEL SPONSOR PRIDE OF NEW JERSEY CHAMBER OF COMMERCE Wayne, New Jersey (July 20, 2022) – The New Jersey Pride Chamber of Commerce (NJPCC) is proud to announce that it has secured Support Level Sponsorship from Spencer Savings Bank, one of New Jersey’s strongest community banks. The bank specializes […]

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Heartland Bank Wins Canstar Savings Bank of the Year for Fifth Consecutive Year

Monday, July 18, 2022, 11:07 a.m.Press Release: Heartland Bank Heartland Bank won the prestigious Canstar Bank of the Year – Savings Award for the fifth consecutive year. The 2022 award recognizes the financial institution that offers the best combination of products, taking into account price positioning, functionality, savings tools and product flexibility rated in the […]

Savings bank

Monson Savings Bank donates over $2,000 to Springfield Shriners Hospital for Children

MONSON, Mass. (WWLP) – Monson Savings Bank has donated $2,250 to Springfield Shriners Hospital for Children as part of the 2022 Monson Savings Bank Community Giving Initiative. Monson Savings Bank wins fitness challenge, $500 donated to Educare According to a press release sent to 22News by Monson Savings Bank, Monson Savings Bank President and CEO […]

Savings bank

Monson Savings Bank donates over $2,000 to Springfield Shriners Hospital for Children

MONSON, Mass. (WWLP) – Monson Savings Bank has donated $2,250 to Springfield Shriners Hospital for Children as part of the 2022 Monson Savings Bank Community Giving Initiative. Monson Savings Bank wins fitness challenge, $500 donated to Educare According to a press release sent to 22News by Monson Savings Bank, Monson Savings Bank President and CEO […]

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The lead auditor appointed by the accounting firm is changing

Oma Säästopankki Oyj OMA SAVINGS BANK PLC, STOCK MARKET RELEASE JULY 13, 2022 4:30 PM, CHANGE OF BOARD / MANAGEMENT / AUDITOR Oma SSavings Bank Plc: Rresponsible auditor appointed by the firm of chartered accountants exchange KPMG Oy Ab, the firm of chartered accountants acting as auditor of Oma Savings Bank Plc, has appointed APA […]

Savings bank

Auditor appointed by the

OMA SAVINGS BANK PLC, STOCK MARKET RELEASE JULY 13, 2022 4:30 PM, CHANGE OF BOARD / MANAGEMENT / AUDITOR Oma SSavings Bank Plc: Rresponsible auditor appointed by the firm of chartered accountants exchange KPMG Oy Ab, the firm of chartered accountants acting as auditor of Oma Savings Bank Plc, has appointed APA Tuomas Ilveskoski as […]

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Skowhegan Savings Bank opens new building in Farmington

FARMINGTON, Maine (WABI) – After a 10-year run at a historic building, Skowhegan Savings Bank in Farmington is building its own. They innovate in Farmington, just down the road from the old near Hannaford supermarket. “This building was rented. It’s a historic building, a grand building, but it’s really no longer suited to our needs,” […]

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Machias Savings Bank Announces $25,000 “YES!” » Grants to Nonprofit Organizations in Coastal Maine

Machias Savings Bank today announced the recipients of the second round of grants under its “YES!” Grant program, designed to support statewide nonprofits and charities that help move Maine forward. During the year 2022, the “YES! Grant will provide $100,000 to organizations that refuse to take ‘no’ for an answer to help others succeed. Machias […]

Savings bank

The Savings Bank, based in Wakefield, is building an addition to the main office

Wakefield-based Caisse d’Epargne has begun construction of a new office building adjacent to its head office, expanding the bank’s downtown campus in Wakefield. The new two-story building at 3 Chestnut St. will house the bank’s commercial banking, human resources, training, facilities and IT, the bank said in a statement. Located behind the bank’s headquarters at […]

Savings bank

First Central Savings Bank opens location in Lynbrook

First Central Savings Bank celebrated the grand opening of its Lynbrook site with a ribbon-cutting ceremony on July 7. The new branch is located at 303 Merrick Rd., Lynbrook. Its hours of operation are 8:30 a.m. to 4 p.m. Monday through Friday and 9 a.m. to 1 p.m. Saturday with a 24/7 ATM. For more […]

Savings bank

Monson Savings Bank wins fitness challenge, $500 donated to Educare

MONSON, Mass. (WWLP) — Monson Savings Bank has won the Monson Fitness Challenge by beating out a team of Monson City employees. Settlement Reached Regarding Holyoke Soldiers Home According to a press release sent to 22News by Hartling Consulting, from June 1 to June 21, Monson Savings Bank’s team of fifty-six employees walked an average […]

Savings bank

Kim Karl appointed Vice President of Commercial Lending at Savings Bank of Danbury

Danbury’s Savings Bank has hired Kim Karl as Vice President of Commercial Lending. Kim previously worked as a commercial lender for Ion Bank, People’s United Bank and TD Bank. Outside of banking, she is a member of the Northern Fairfield County Community Council of United Way of Western CT, works […]

Savings bank

The Caisse d’Épargne organizes a groundbreaking ceremony

Members of the Board of Directors, General Management and Facilities Teams of the Savings Bank recently participated in a groundbreaking ceremony at 3 Chestnut Street in Wakefield in preparation for the new addition and the two-story extension. The savings bank It’s an exciting time for The Savings Bank as we begin building the long-awaited expansion […]

Savings scheme

Know the details of the small savings program as part of the “Save The Girl Child” campaign

Sukanya Samriddhi Scheme is a useful investment tool and offers many benefits New Delhi: The Sukanya Samriddhi Yojana program is a popular small deposit system, which was started by the government as part of its “Save The Girl Child” or “Beti Bachao Beti Padhao” campaign. The plan offers an interest rate of 7.6% and comes […]

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Norway Savings Bank Receives Fourth Consecutive Best Wellbeing Employer Award

NORWAY — For the fourth consecutive year, Norway Savings Bank has been recognized as a Top Wellness Employer by Wellness Workdays, a leading provider of corporate wellness programs, in conjunction with experts from Harvard Medical School . The designation includes Gold certification, the highest level attainable, and recognizes companies and organizations that are committed to […]

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Cambridge Savings Bank backs Lovell Arena construction with $20m equity loan

The state-of-the-art Rockland facility will feature three ice rinks on a 50-acre site, plus an academy CAMBRIDGE, Mass., July 07, 2022–(BUSINESS WIRE)–Cambridge Savings Bank (SCB), a full-service mutual bank with a customer-focused approach and more than $5 billion in assets, today announced that its Corporate Banking team led the financing of Lovell Arena’s construction from […]

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Piscataqua Savings Bank holds an $8.30 million position in Apple Inc. (NASDAQ:AAPL)

Piscataqua Savings Bank increased its holdings in Apple Inc. (NASDAQ: AAPL – Get Rating) by 1.5% in Q1, according to its most recent filing with the Securities and Exchange Commission. The company held 47,546 shares of the iPhone maker after acquiring an additional 684 shares during the quarter. Apple represents 5.9% of Piscataqua Savings Bank’s […]

Savings bank

Piscataqua Savings Bank owns $8.30 million in shares of Apple Inc. (NASDAQ:AAPL)

Piscataqua Savings Bank raised its position in shares of Apple Inc. (NASDAQ:AAPL – Get Rating) by 1.5% in the 1st quarter, according to its latest disclosure to the SEC. The fund held 47,546 shares of the iPhone maker after acquiring an additional 684 shares during the period. Apple represents 5.9% of Piscataqua Savings Bank’s portfolio, […]

Savings bank

Cambridge Savings Bank backs construction of Lovell Arena with $20m equity loan

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (SCB), a full-service mutual bank with a customer-focused approach and more than $5 billion in assets, today announced that its Corporate Banking team led the financing of Lovell Arena’s construction from the ground up with a $20 million equity loan under the $30 million Project. The state-of-the-art facility, based in […]

Savings bank

Lincoln Savings Bank Announces Recent New Hires | Businessmonthly

Lincoln Savings Bank announced several new hires. Tammy Foster was hired as a mortgage underwriter for Lincoln Savings Bank. From Milan, Il, Foster earned an Associate’s degree in General Studies and has over 20 years of experience in the field. She started her career as a cashier for a small bank in Davenport and moved […]

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United Way recipient of a donation from the American Savings Bank

HONOLULU — Kaua’i United Way is one of many recipients of donations from American Savings Bank through its 2022 Kahiau Donation Campaign. The campaign raised $362,043 and 93% of ASB teammates participated in the annual workplace giving program. A statement from the SBA did not indicate the amount granted to KUW. “Our Kahiau partners have […]

Savings scheme

Interest rates, tax benefits, who can invest, key details

Senior Savings Plan: The government has recently announced interest rates for several small savings schemes, including the State Provident Fund, Sukanya Samriddhi Yojana and the Old People’s Savings Scheme (SCSS). For the quarter from July to September, the rates for these small savings plans remained unchanged. However, the interest rates of these small savings plans […]

Savings bank

Microsoft Co. (NASDAQ:MSFT) shares sold by Bangor Savings Bank

Bangor Savings Bank reduced its position in shares of Microsoft Co. (NASDAQ: MSFT – Get Rating) by 1.0% during the 1st quarter, reports Holdings Channel.com. The fund held 22,715 shares of the software giant after selling 236 shares during the period. Microsoft accounts for about 0.7% of Bangor Savings Bank’s holdings, making it its 23rd-largest […]

Savings scheme

Benefits of the Seniors Savings Plan, PPF (Public Provident Fund). Lily

The PPF and the Senior Citizen Savings Scheme are good long-term investment options Investors looking for long-term, secure investments to secure a secure future for themselves and their families can always rely on proven postal savings plans. Let’s look at these postal savings plans for long-term investments. Seniors Savings Plan (SCSS) The Senior Citizen Savings […]

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Johnson & Johnson (NYSE:JNJ) shares bought by Piscataqua Savings Bank

Piscataqua Savings Bank increased its position in Johnson & Johnson (NYSE:JNJ – Get Rating) by 622.1% in Q1, according to its latest SEC filing. The fund held 29,584 shares of the company after purchasing an additional 25,487 shares during the period. Johnson & Johnson owns 3.7% of the holdings of Piscataqua Savings Bank, making it […]

Savings bank

Short-term interest on the Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) increases by 125.0%

Postal Savings Bank of China Co., Ltd. (OTCMKTS: PSTVY – Get Rating) benefited from significant growth in short-term interest during the month of June. As of June 15, there was short interest totaling 3,600 shares, a growth of 125.0% from the total of 1,600 shares as of May 31. Based on an average daily trading […]