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MSB Financial Corp., a mutual thrift firm in Millington, N.J., plans to reorganize into a fully stock-owned company.
November 17 -
PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.
September 15 -
BCB Bancorp in Bayonne, N.J., has commenced a public offering of $40 million of its common stock.
September 14
MSB Financial in Millington N.J., has named a former credit union controller its chief financial officer.
The $417 million-asset company appointed John Kaufman, 33, as CFO on Friday, according to a news release. Kaufman was also named CFO of MSB's Millington Savings Bank.
Kaufman succeeds Robert Russell, who had been interim CFO since June, when Jeffrey Smith retired after an extended medical leave. Russell will remain chief operating officer.
Kaufman previously worked for the $1.6 billion-asset American Heritage Federal Credit Union in Philadelphia. He also has worked for GCF Bank in Sewell, N.J., and Wilmington Savings Fund Society in Delaware.
In July MSB Financial completed a second-step conversion from a mutual to a stock-owned bank,
