Monday, November 17, 2008
Lincoln Financial Group Applies to Become Savings & Loan Holding Company
Lincoln Financial Group today announced that it has applied with the Office of Thrift Supervision to become a savings and loan holding company concurrent with reaching an agreement to acquire Newton County Loan & Savings, FSB, a federally regulated savings bank. Subject to customary terms and conditions, the acquisition of Newton County Loan & Savings, FSB, is expected to close following receipt of approval from the Office of Thrift Supervision. The company also filed an application with the U.S. Treasury to participate in the TARP Capital Purchase Program (TARP CPP).
Lincoln Financial Group Applies to Become Savings & Loan Holding Company
Source: Insurance News Net
Lincoln Financial Group Applies to Become Savings & Loan Holding Company
Source: Insurance News Net
Permalink posted by armandn @ 11:43 AM 
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