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AJS Bancorp in Midlothian, Ill., has hired a replacement for its chief financial officer, who resigned earlier this month.
August 19 -
New Jersey Community Bank's chairman has resigned, less than four months after he quit as chief executive of the Freehold bank.
August 19 -
M&T Bank's president and chief operating officer, Mark Czarnecki, has been diagnosed with pancreatic cancer and plans to remain in his role at the bank while he gets treatment, the Buffalo News reported.
August 19
Market Street Bancshares in Mount Vernon, Ill., has completed a $15 million debt offering.
The subordinated notes, issued Aug. 14, were placed with institutional accredited investors privately. The company plans to use the proceeds to increase capital, pursue growth initiatives and fund general corporate purposes, according to a press release.
The debt matures in 2025. The notes carry a fixed rate of 6.50% per year, to be paid quarterly.
FIG Partners served as sole placement agent to Market Street Bancshares.
Market Street Bancshares is the holding company for the $970 million-asset Peoples National Bank.
