Savings scheme

Initiation of share buybacks under the employee stock savings plan

18.5.2022 08:00:01 CET | ASA entry | Acquisition or sale of own shares of the issuer ASA entry (“Entra” or the “Company”) intends to acquire 51,185 treasury shares as part of the share allocation under the employee share savings plan. The redemption will be carried out in accordance with the authorization given to the General […]

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Sturdy Savings Bank unveils new lending center

Elected officials, Sturdy Savings Bank board members and employees hold a ribbon-cutting ceremony. (Photo courtesy of Suasion Communications) The Sturdy Savings Bank held a ribbon-cutting ceremony on May 12 to celebrate and unveil its new lending center at 601 S. Main Street in Cape May Court House. Elected officials, along with Sturdy Savings board members, […]

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New Bangor Savings Bank branch in Boothbay Harbor

As part of its commitment to providing better banking experiences and investing in Maine communities, Bangor Savings Bank is pleased to announce that its first full-service branch in Boothbay Harbor will open on Monday, May 23. The Boothbay Harbor Branch, 59and branch in Maine, will be located at the Meadow Mall at 185A Townsend Avenue/Route […]

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Roanoke Rapids Savings Bank expands operations; changes name to Riverside Savings Bank | Local News

The region’s oldest community bank will soon have a new name. Roanoke Rapids Savings Bank on Monday announced plans to expand operations in the Triangle and operate under Riverside Savings Bank. “We may be growing and expanding, but our roots will always be Roanoke Rapids and what better symbol of Roanoke Rapids and the Roanoke […]

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Newtown Savings Bank elects chief executive, among Danbury area highlights

State Rep. Stephen Harding, R-Brookfield, hosts a post-legislative event from 8 a.m. to 9 a.m. Thursday at JJ Stacks Restaurant Voters are encouraged to discuss any item that came up during the 2022 legislative session. JJ Stacks is located at 537 Federal Road in Brookfield. Call 800-842-1423 with any questions if you cannot attend the […]

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Unveiling of historic Oskaloosa Savings Bank (Book Vault) monument to take place on May 26 – Oskaloosa News

OSKALOOSA – The Book Vault will hold a special celebration on Thursday, May 26 at 6 p.m. to unveil its landmark building landmark at 105 South Market Street. The public is invited to attend. “This will be the last historic marker to be installed as part of a 10-building project that began in 2017 and […]

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Oma Savings Bank Plc has entered into negotiations to merge Liedon Savings Bank into its business

Oma Säästopankki Oyj OMA SAVINGS BANK PLC, STOCK MARKET RELEASE, MAY 13, 2022 AT 9:55 AM EET, INSIDE NEWS Oma Savings Bank Plc a To start upNegotiations to merge Liedon Savings Bank with its business Oma Savings Bank Plc (OmySp) initiated negotiations to merge the banking activities of Liedonot Savings bank in OmySp. The merger […]

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Oma Savings Bank Plc has entered into negotiations to merge

OMA SAVINGS BANK PLC, STOCK MARKET RELEASE, MAY 13, 2022 AT 9:55 AM EET, INSIDE NEWS Oma Savings Bank Plc a To start upNegotiations to merge Liedon Savings Bank with its business Oma Savings Bank Plc (OmySp) initiated negotiations to merge the banking activities of Liedonot Savings bank in OmySp. The merger is expected to […]

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Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Short Interest Down 98.3% in April

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY – Get Rating) was the target of a sharp decline in short-term interest in April. As of April 30, there was short interest totaling 100 shares, a 98.3% decline from the April 15 total of 5,800 shares. Based on an average daily trading volume of 3,600 shares, […]

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The Savings Banks Centre, part of the Savings Banks Group, plans to reorganize its operations

Sp Mortgage Bank PlcStock Exchange press release11and May 2022 at 9:30 a.m. The Savings Banks Center begins negotiations to change the personnel of the Savings Banks Cooperative Union, the Savings Bank Services Ltd., the Central Bank of Finland Savings Banks Plc, the management Sp-Fund SA and Sb Assurance-vie SA. About 470 people are involved in […]

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Central Savings Bank Finland Plc: The Savings Bank

Central Savings Bank Finland Plc Stock Exchange press release11and of May 2022 at 9:30 a.m. The Savings Banks Center begins negotiations to change the personnel of the Savings Banks Cooperative Union, the Savings Bank Services Ltd., the Central Bank of Finland Savings Banks Plc, the management Sp-Fund SA and Sb Assurance-vie SA. About 470 people […]

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The Center des Caisses d’Epargne, which is part of the

Sp Mortgage Bank PlcStock Exchange press release11and May 2022 at 9:30 a.m. The Savings Banks Center begins negotiations to change the personnel of the Savings Banks Cooperative Union, the Savings Bank Services Ltd., the Central Bank of Finland Savings Banks Plc, the management Sp-Fund SA and Sb Assurance-vie SA. About 470 people are involved in […]

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Skowhegan Savings Bank announces “historic” performance in 2021

Skowhegan Savings Bank released its financial results for 2021, including $163.1 million in loans issued, which is a record for the 152-year-old mutual savings bank. Net income increased by almost half, from $4.24 million in 2020 to $6.27 million. The bank’s assets soared 8% from $722.3 million to $780.4 million, while its capital rose 3% […]

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First Central Savings Bank donates $27,000 to St. Mary’s Children’s Hospital in Bayside – QNS.com

First Central Savings Bank donated $27,000 to St. Mary’s Children’s Hospital for early childhood education. (Photo courtesy of First Central Savings Bank) Sign up for our amNY Sports email newsletter for news and game coverage from your favorite teams On May 5, First Central Savings Bank (FCSB) donated $27,000 to St. Mary’s […]

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Union Savings Bank’s Jeff McDonough on improving community relations

Jeff McDonough. Contributing photo. Jeff McDonough became the new executive vice president of human resources and community relations at Union Savings Bank of Danbury on April 14. McDonough, who joined Union Savings in 2016 as senior vice president, will also join the bank’s executive committee and continue to serve as a member. of the bank’s […]

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Photos: Monson Savings Bank built bikes for kids at YMCA

MONSON, Mass. (WWLP) — More than $20,000 worth of bikes have been purchased for children by Monson Savings Bank during their 150 Build-a-Bike campaign. The local community bank held its first event on April 30 in partnership with the YMCA of Greater Springfield, offering their own bikes to young guests who were able to view […]

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Winchester Savings Bank Hires Commercial Loan Officer

You have 2 free items left this month. Winchester Savings Bank has announced the hiring of Benjamin Goldstein as Head of Commercial Loans. “We are growing our commercial lending group, and Ben is a great addition to our team,” said John A. Carroll, President and CEO. “He has all the qualities we are looking for […]

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Smoking A/C Unit Leads To Brief Evacuation From American Savings Bank Building | Local

Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic ofBarbadosBelarusBelgium, […]

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Elmira Savings Bank (NASDAQ:ESBK) Sees Significant Short-Term Interest Growth

Elmira Savings Bank (NASDAQ:ESBK – Get Rating) saw strong short-term interest growth in April. As of April 15, there were short interests totaling 700 shares, a growth of 16.7% from the total of 600 shares as of March 31. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of […]

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Union Bank of India Revises Interest Rates on Savings Bank Deposits (Wef 01.06.2022)

Investment oi-Vipul Das | Posted: Friday May 6th 2022, 02:07 PM [IST] The interest rate on savings bank deposits has been revised by public sector lender Union Bank of India. According to the bank’s official website, the revised rates will come into effect on June 1, 2022. Following the change, the bank would grant an […]

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Former Tour Operator Chief Drums Support Hajj Savings Scheme

A former president of the Association of Hajj and Umrah Operators of Nigeria (AHUON), Alhaji Abdulfatah Abdulmojeed, called on hajj stakeholders to support the implementation of the Hajj Savings Scheme (HSS) introduced by the National Hajj Commission of Nigeria. Nigeria (NAHCON). The program creates an avenue for prospective Nigerian Muslim pilgrims, especially those on low […]

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Union Savings Bank Board of Directors Promotes Jeff McDonough to Executive Vice President

Union Savings Bank (USB) announces that Jeff McDonough has been promoted to Executive Vice President, Human Resources and Community Relations and will join the bank’s Executive Committee. He will also continue to sit on the bank’s board of directors. The announcement was made at a recent USB board meeting. McDonough, whose human resources experience in […]

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Cambridge Savings Bank Provides Modera Wealth Management with $26 Million Financial Package to Drive M&A Growth and Develop Employee Equity Strategy

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 commercial lending team has provided a financial package of $26 million over the life of the relationship, including both refinancing of existing debt and new debt, to Modera Wealth Management, LLC […]

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PDIC releases payments to depositors of closed Metro-Cebu State Savings Bank

LA Philippine Deposit Insurance Corp. (PDIC) announced that it had started paying deposit insurance through postal money orders (PMO) on May 2, 2022 to all depositors eligible for outright payment who maintained deposits with Metro-Cebu Public Savings Bank closed. Eligible for deposit insurance outright payment are individual depositors with valid deposit balances of P100,000 and […]

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Spencer Savings Bank welcomes new Financial Center Manager to Garfield

Elmwood Park, New Jersey, May 04, 2022 — (PR.com) — Spencer Savings Bank is pleased to welcome longtime Bergen County resident Monica Vanegas as the new director of the Spencer Financial Center of the Spencer Savings Bank Garfield. , located at 34 Outwater Lane. She will be responsible for the management and business development of […]

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USAA Federal Savings Bank of San Antonio ends 7-straight quarterly loss streak

USAA Federal Savings Bank’s pandemic loss streak is over. The San Antonio financial institution posted a profit of $30 million in the three months ended March 31, breaking seven straight quarters of red ink. He lost $858 million during that time. USAA Bank lost $323.9 million in 2020 and $386.5 million in 2021 – only […]

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Old clock, new services at Walden Savings Bank turns 150

MONTGOMERY, NY (April 28, 2022) – Walden Savings Bank celebrated 150 years of community service and ushered in the next era of digital banking. On April 25, a host of community leaders, elected officials, and members of the business community and banking executives were on hand for the unveiling of Walden Savings Bank’s restored chiming […]

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Oma Savings Bank Plc Interim Report 1.1.-31.3.2022:

OMA SAVINGS BANK PLC, STOCK MARKET RELEASE OF MAY 2, 2022 AT 8:30 AM EET, Q1 INTERIM REPORT oma Savings Bank Plc Interim Report 1.1.-31.3.2022: Profitable growth continues – comparable profit before tax increased by 100% This release is a summary of the January to March 2022 interim report of Oma Savings Bank (OmaSp), which […]

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Lake County News, CA – The Savings Bank Hosts Shredded Events and Helps Shred Hunger

LAKE COUNTY, Calif. — The Savings Bank and Integrity Shred have partnered to help prevent identity theft by providing the public with the ability to shred outdated confidential documents. Bring up to three 35-pound boxes of documents for safe and secure on-site shredding. Additionally, to help reduce hunger, non-perishable food items will be accepted at […]

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First quarter net profit falls for American Savings Bank

Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! American Savings Bank posted net income of $23.9 million in the first quarter, down 19% from $29.6 million in the same period last year. The state’s third-largest bank, which is owned by Hawaiian Electric Industries Inc., reported on Friday that total assets rose slightly to $9.25 […]

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This savings plan pays 7.4% interest per year; Check benefits, eligibility and more | Personal finance news

New Delhi: Elderly people in India frequently rely on Fixed Bank Deposits (FD) or Recurring Deposits (RD) for stable income when they retire. The majority of people over the age of 60 in the country have a low appetite for risk and avoid investing in stock markets or mutual funds. They often turn to low-risk, […]

Savings scheme

The savings plan for the elderly offers interest of 7.4% per annum; Learn about eligibility, other benefits

In India, senior citizens often depend on fixed bank deposits (FD) or recurrent deposits (RD) for regular income after retirement. Most citizens over the age of 60 in the country have no appetite for risk and avoid stock markets or mutual funds as investment options. They often incline towards risk-free savings options that offer good […]

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Community Bank nears acquisition of Elmira Savings Bank

Decline in first quarter net income DeWITT — As it nears completion of its acquisition of Elmira Savings Bank (NASDAQ: ESBK), Community Bank System, Inc. (NYSE: CBU) announced on April 22 that it has received regulatory approval from the U.S. Bureau of the Currency Controller for this transaction. The DeWitt-based banking company also said it […]

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North Easton Savings Bank offers workshops for first-time home buyers

Previous story: Road to Responsibility Receives Grant from Doug Flutie, Jr. Foundation for Autism North Easton Savings Bank offers workshops for first-time home buyers Posted on April 28, 2022 The North Easton Savings Bank recently held a series of first-time homebuyer workshops, providing attendees with valuable insight into the home buying process. In addition, the […]

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Walden Savings Bank celebrates 150 years in business

MONTGOMERY – Walden Savings Bank is celebrating its 150th anniversary. The bank’s newly elected Chairman of the Board, Marty Sassi, along with President and CEO Derrek Wynkoop, emphasized that the celebration is not of themselves, but rather of the community and the staff who have supported the institution over the years. “We looked at our […]

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Equity-Linked Savings Scheme: How SIP makes ELSS a smart bet

Equity-linked savings schemes (ELSS), a popular tax-saving investment option, reported net inflows of Rs 4,579 crore in the three months to March as investors rushed to invest to save on taxes. In contrast, this category saw net outflows of Rs 3,870 crore for seven consecutive months from April to October last year. Experts say that […]

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Equicom Savings Bank launches FSS Secure 3D to combat CNP fraud

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor, announced that Equicom Savings Bank (EqB), one of the Philippines’ leading banks, has successfully deployed FSS Secure3D, an intelligent payment authentication solution that can identify high-risk transactions, to provide cardholders with an additional layer of security for online […]

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Thomaston Savings Bank supports local arts

Left to right: Jeff Dunn, Executive Director, Landmark Community Theatre; Cheryl Lindstrom, Assistant Vice President, Community Outreach Officer, Thomaston Savings Bank; Stephen Lewis, President and CEO, Thomaston Savings Bank. Thomaston Savings Bank recently donated $15,000 to Landmark Community Theater (LCT) to support its upcoming season at Thomaston Opera House. The Thomaston Opera House was built […]

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Why a savings account is important for teens

The Shahs have a 15-year-old son, Priyansh. They’ve been giving him pocket money for five years. They encourage him to plan his expenses within this amount, and also to save some of it. Their account manager informs that the banks offer autonomous savings accounts for children. They wonder if it’s time for Priyansh to have […]

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North Easton Savings Bank launches down payment assistance program

Previous story: Bollywood actor Sonu Sood joins forces with Aster volunteers to raise awareness of liver disease and help children in need of transplants North Easton Savings Bank launches down payment assistance program Posted on April 23, 2022 As a community-first institution, the North Easton Savings Bank considers it its privilege as well as its […]

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Community Bank System Obtains Regulatory Approval for Acquisition of Elmira Savings Bank

DeWitt-based Community Bank System, Inc. (NYSE: CBU) announced Friday that it has received regulatory approvals from the U.S. Office of the Comptroller of the Currency for its proposed acquisition of Elmira Savings Bank. Pictured is the Skaneateles branch of the Community Bank. (Adam Rombel/CNYBJ file photo) DeWITT, NY – Community Bank System, Inc. […]

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Community Bank System, Inc. Announces Regulatory Approvals Received for Elmira Savings Bank Merger

SYRACUSE, NY–(BUSINESS WIRE)–Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has received regulatory approvals from the Office of the Comptroller of the Currency and an exemption from filing an application with the Federal Reserve Bank of New York for the proposed merger of Elmira Savings Bank with and into Community Bank, NA, […]

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Troy Savings Bank Music Hall presents Billy Bragg

The Troy Savings Bank Music Hall is delighted to welcome English singer-songwriter Billy Bragg on October 11th. Thirty-seven years ago, the Saturday boy from Essex became Britain’s most important political singer-songwriter. He released his first album, life is a riot with spy vs spy, stoned on a punk rock electric guitar. He was number 30. […]

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North Easton Savings Bank Promotes Jason Green to Assistant Vice President, Commercial Loans Portfolio Manager

Previous story: Toyota Kirloskar Motor Launches “Hum Hai Hybrid” Campaign on Self-Charging Hybrid Electric Vehicle Technology North Easton Savings Bank Promotes Jason Green to Assistant Vice President, Commercial Loans Portfolio Manager Posted on April 19, 2022 EASTON, CANTON, MA: North Easton Savings Bank is pleased to announce the promotion of Jason Green to Assistant Vice […]

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HEI TO ANNOUNCE FIRST QUARTER 2022 RESULTS ON MAY 9; US SAVINGS BANK TO REPORT FIRST QUARTER RESULTS ON APRIL 29

HONOLULU, April 18, 2022 /PRNewswire/ — Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) will announce its first quarter 2022 financial results on Monday May 9. In addition, American Savings Bank, FSB (American), an indirect wholly owned subsidiary of HEI, will announce its first quarter 2022 financial results on friday april 29. HEI will host a […]

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Financial Review: Elmira Savings Bank (NASDAQ:ESBK) vs. Coastal Financial (NASDAQ:CCB)

Elmira Savings Bank (NASDAQ:ESBK – Get Rating) and Coastal Financial (NASDAQ:CCB – Get Rating) are both finance companies, but which company is better? We will compare the two companies based on their risk strength, valuation, analyst recommendations, institutional ownership, profitability, dividends and earnings. Profitability This table compares the net margins, return on equity and return […]

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PPF, Senior Savings Plan offering better returns than bank FDs? Know the details

Even though term deposits now yield a little more than before, since several banks have recently raised their interest rates, small savings plans still offer more attractive returns. The returns of small savings schemes, such as the PPF, the savings scheme for the elderly, the national savings certificate and the Sukanya Samriddhi account scheme, vary […]

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Spencer Savings Bank donates $100,000 and hosts fundraiser to support humanitarian relief efforts in Ukraine

Elmwood Park, NJ, April 17, 2022 — (PR.com) — Spencer Savings Bank, a leading New Jersey-based community bank, is donating $100,000 to support humanitarian relief efforts in Ukraine. In addition to this, the bank also organized a successful supply campaign in support of Ukrainian refugees, collecting more than 10 vehicles loaded with hygiene items and […]

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Link the bank account to the MIS, SCSS and TD system and enjoy THESE advantages, here’s how to do it

Those who have invested in the Post Office Monthly Income Scheme (MIS), Post Office Time Deposits (TD) or Senior Citizen Savings Scheme (SCSS) regularly receive cash interest on the plan they have chosen. It can be monthly, quarterly or annually. But now the Post Office has changed the scheme and asked individuals to link their […]

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This SFB reviews the interest rates on FD, RD and Caisse d’Épargne deposits

North East Small Finance Bank FD Rates North East SFB grants an interest rate of 3.00% on term deposits maturing in 7 to 45 days from April 1, 2022. The bank currently grants an interest rate of 3.50% on term deposits maturing in 46 to 90 days. The bank will pay an interest rate of […]

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Monson Savings Bank makes bikes for kids

MONSON, Mass. (WWLP) – Monson Savings Bank’s 150th anniversary is being celebrated by engaging with nonprofits that have had high turnouts during the year. A special part of this support comes from the Monson Savings Bank 150 Build-a-Bike campaign. Photos: Monson Savings Bank 150th Anniversary week recap, festivities continue The Monson Savings Bank will buy […]

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Critical Review: Elmira Savings Bank (NASDAQ:ESBK) vs. CNB Financial (NASDAQ:CCNE)

Elmira Savings Bank (NASDAQ:ESBK – Get Rating) and CNB Financial (NASDAQ:CCNE – Get Rating) are both finance companies, but which is the best investment? We’ll compare the two companies based on the strength of their analyst recommendations, valuation, profitability, risk, dividends, earnings, and institutional ownership. Risk and Volatility Elmira Savings Bank has a beta of […]

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CORRECTION: Oma Savings Bank Plc: Manager Transactions –

OMA SAVINGS BANK PLC, STOCK MARKET RELEASE, APRIL 11, 2022 9:01 p.m. EET, MANAGER TRANSACTION CORRECTION: Oma SSavings Bank Plc: Managers Transactions – Sariana Liiri This stock exchange release corrects the number of shares in the stock exchange release of March 29, 2022 at 8:00 a.m. (technical calculation error). The actual stock delivery is 10,590 […]

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CORRECTION: Oma Savings Bank Plc: Manager transactions

Oma Säästopankki Oyj OMA SAVINGS BANK PLC, STOCK MARKET RELEASE, APRIL 11, 2022 9:01 p.m. EET, MANAGER TRANSACTION CORRECTION: Oma SSavings Bank Plc: Managers Transactions – Sariana Liiri This stock exchange release corrects the number of shares in the stock exchange release of March 29, 2022 at 8:00 a.m. (technical calculation error). The actual stock […]

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CORRECTION: Oma Savings Bank Plc: Manager Transactions –

OMA SAVINGS BANK PLC, STOCK MARKET RELEASE, APRIL 11, 2022 9:01 p.m. EET, MANAGER TRANSACTION CORRECTION: Oma SSavings Bank Plc: Managers Transactions – Sariana Liiri This stock exchange release corrects the number of shares in the stock exchange release of March 29, 2022 at 8:00 a.m. (technical calculation error). The actual stock delivery is 10,590 […]

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Photos: Monson Savings Bank 150th Anniversary week recap, festivities continue

MONSON, Mass. (WWLP) – During the week of the 150th anniversary of Monson Savings Bank, a reception at the Monson branch and raffles at all banks were held for the community, but more festivities are to come. by the end of 2022. Monson Savings Bank celebrates 150 years of service Monson Savings Bank Anniversary Week […]

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Fulton Savings Bank Pledges to Support Fulton Block Builders | Community donations

FULTON – As the Fulton Block Builder (FBB) program continues its fundraising campaign, businesses and individuals have again shown their continued support. Recently, one of the city’s oldest financial institutions, Fulton Savings Bank, once again stepped up to help ensure FBB’s success. According to the Fulton Savings Banks Historical Records, in 1871 a group of […]

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Century Savings Bank Supports Deborah F. Sager NICU of Inspira Health

VINELAND — The Deborah F. Sager Memorial Fund celebrated a decade of support from Century Savings Bank during a special appreciation event March 30 at Inspira Medical Center Vineland. On the 10th anniversary of the bank’s first contribution, Century donated $10,000 in December 2021, matching donor dollars and fulfilling Century’s Preemie Promise for 2020 and […]

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UCO Bank revises repo-linked savings bank deposit rate

Investment oi-Vipul Das | Posted: Saturday April 9th ​​2022, 12:25 PM [IST] The interest rate on savings bank deposits linked to the repo has been revised by UCO Bank, a public sector lender. The new interest rate will come into effect on April 10, 2022 and the bank will grant an interest rate of 2.6% […]

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NAHCON Calls on EFCC to Investigate Alleged Fraud in Hajj Savings Scheme

the National Hajj Commission of Nigeria (NAHCON) On Friday, he announced that he would invite the Economic and Financial Crimes Commission (EFCC) to investigate allegations of fraudulent practices by NAHCON through the Hajj Savings Scheme (HSS). NAHCON said an invitation will be officially extended to the EFCC to investigate the management of pilgrim funds. PREMIUM […]

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33 Elmira Savings Bank employees will lose their jobs by July

Fixed: A previous version of this article incorrectly interpreted the status of bank locations. The correct information has been updated to accurately reflect the WARN advisory. BIG FLATS, NY (WETM) — More than two dozen employees at Elmira Savings Bank will soon be laid off following a merger with a Syracuse bank last fall. The […]

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House urges Hajj commission to suspend implementation of savings plan

Juliette Akoje in Abuja The House of Representatives has urged the Nigerian Hajj Commission to suspend the implementation of the Hajj savings scheme pending investigation into the scheme. The House has also instructed its Pilgrims Affairs Committee to investigate the scheme to determine the profit sharing formula for stakeholders, Jaiz Plc, NAHCON, State Pilgrims Welfare […]

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Representatives order suspension of savings program by NAHCON – The Whistler Nigeria

The House of Representatives has ordered the National Hajj Commission of Nigeria (NAHCON) to suspend the implementation of the Hajj savings scheme. This followed the adoption of a motion of urgent public importance by Representative Aminu Ashiru-Mani (APC-Katsina) during Thursday’s plenary in Abuja. The house has instructed its pilgrim affairs committee to investigate the hajj […]

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Danville’s first savings bank plans to join Hometown Savings Bank

THE FOLLOWING IS A FIRST SAVINGS BANK PRESS RELEASE Mark Garrett, President and CEO of First Savings Bank of Danville (“FSB”) in Danville, Illinois, today announced that FSB is considering joining The Hometown Savings Bank (“THSB”) in a ‘a merger. Garrett remarked, “First Savings Bank is delighted to be part of Hometown Savings Bank. […]

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Newtown Savings Bank fraudulently wired $67,000, judge finds

NEWTOWN — A state judge has ruled against Newtown Savings Bank in a lawsuit accusing the bank of authorizing the fraudulent wire transfer of more than $67,000. Shelton-based Precision Computer Services alleged in a 2018 lawsuit that the bank refused to reimburse the company for lost funds. In a judgment filed in the Judicial District […]

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First Savings Bank merges with Hometown Bank | News

Danville’s First Savings Bank plans to join The Hometown Savings Bank. Mark Garrett, president and CEO of First Savings Bank of Danville in Danville, announced on Tuesday that FSB plans to join The Hometown Savings Bank in a merger. Garrett remarked, “First Savings Bank is delighted to be part of Hometown Savings Bank. We share […]