Wednesday, September 28, 2005
Nationwide Financial Eyes Banking as Supplement to Insurance, Financial Services
Nationwide Financial Services Inc. said it has filed an application with federal regulators to launch Nationwide Bank, which, if approved, would engage in several activities that could supplement the company's existing insurance and financial services products.
Nationwide said in a recent statement that it filed the application with the Office of Thrift Supervision to expand the powers of its subsidiary, Nationwide Trust Co., FSB, a federal savings thrift. The expanded thrift is expected to start operating by spring 2006.
(subscription req'd)
Nationwide Financial Eyes Banking as Supplement to Insurance, Financial Services
Source: A.M. Best
Nationwide said in a recent statement that it filed the application with the Office of Thrift Supervision to expand the powers of its subsidiary, Nationwide Trust Co., FSB, a federal savings thrift. The expanded thrift is expected to start operating by spring 2006.
(subscription req'd)
Nationwide Financial Eyes Banking as Supplement to Insurance, Financial Services
Source: A.M. Best
Permalink posted by armandn @ 10:46 AM 
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