Prudential Bancorp in Philadelphia has agreed to add a director recommended by activist investor Seidman Group.

The $512 million-asset company agreed Friday to add Dennis Pollack to its board with a term that will expire at the annual shareholder meeting in February 2016.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.