Latest Delanco Bancorp [Nj] (DLNO) Headlines
Delanco Bancorp, Inc. Announces Trading Under New Symbol to Commence on October 18
Business Wire - Thu Oct 17, 11:19AM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that it has been informed by FINRA that shares of Delanco Bancorp, Inc., the New Jersey corporation that became the holding company for the Bank upon completion of the Bank's second-step conversion, will begin trading on the OTCQB Marketplace on October 18, 2013. Shares will trade under the symbol "DLNOD" for a period of 20 trading days after which the symbol will revert to "DLNO." Delanco Bancorp, Inc. sold a total of 525,423 shares of common stock at the price of $8.00 per share. As a result of completion of the second-step conversion, each existing share of old Delanco Bancorp, Inc. has been converted into the right to receive .5711 of a share of new Delanco Bancorp, Inc. common stock. The exchange will be effective at the opening of trading on October 18, 2013.
Delanco Bancorp, Inc. Announces Closing of Stock Offering and Completion of Conversion Transaction
Business Wire - Wed Oct 16, 3:37PM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that it has completed its stock offering conducted in connection with the "second step" conversion of Delanco MHC (the "MHC"), effective as of the close of business today. As a result of the closing of the conversion and offering, Delanco Bancorp, Inc., a New Jersey-chartered corporation, is now the holding company for Delanco Federal Savings Bank and both the MHC and the Bank's former mid-tier holding company, a Federally-chartered corporation known as "Delanco Bancorp, Inc.," have ceased to exist. The results of the stock offering were previously reported in a press release dated October 9, 2013.
Delanco Bancorp, Inc. Announces Results of Subscription and Community Offering; Conversion and Offering Expected to Close on October 16, 2013
Business Wire - Wed Oct 09, 3:47PM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank, announced today that new Delanco Bancorp, Inc. has received orders to purchase a total of 525,423 shares of common stock in the offering being conducted in connection with the second-step conversion of Delanco Federal Savings Bank, which is slightly below the midpoint of the offering range. The conversion and offering are expected to be completed on October 16, 2013. The closing of the transaction is subject to the satisfaction of customary closing conditions.
Delanco Bancorp, Inc. to Commence Second-Step Conversion and Stock Offering
Business Wire - Fri Aug 16, 3:25PM CDT
Delanco Bancorp, Inc. (the "Company") (OTCBB: DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that the Company has received approval from the Board of Governors of the Federal Reserve System to reorganize from the two-tier mutual holding company structure to the stock holding company structure and commence a "second-step" stock offering of new shares of common stock. The Company also announced that the registration statement relating to the sale of common stock by the new holding company for Delanco Federal Savings Bank - a newly formed corporation also named Delanco Bancorp, Inc. - has been declared effective by the Securities and Exchange Commission.
Delanco Bancorp elects Daniel Roccato as new director
M2 - Fri Jun 28, 6:03AM CDT
Delanco Bancorp Inc (OTCQB
LNO), the parent company of Delanco Federal Savings Bank, on Thursday named Daniel Roccato as the new director on the boards of Delanco and the Bank.
Delanco Bancorp Announces New Director
Business Wire - Thu Jun 27, 12:02PM CDT
Delanco Bancorp, Inc. (Delanco) (OTCQB: DLNO), the parent company of Delanco Federal Savings Bank (the Bank), today announced that Daniel Roccato, President of Quaker Wealth Management, LLC and Adjunct Professor at Rutgers University, has been appointed to the Board of Delanco and the Bank. "We welcome Dan as a Director," said James E. Igo, Chairman and President of Delanco. "Dan has extensive business experience and connections into the local community that will serve us well as we continue to build our franchise into the premier community bank in our area."
Delanco Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization
Business Wire - Wed May 29, 9:56AM CDT
Delanco Bancorp, Inc. (the "Company") (OTCBB: DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that the Board of Directors of the Company has unanimously adopted a Plan of Conversion and Reorganization pursuant to which the Bank will reorganize from the two-tier mutual holding company structure to the stock holding company structure and will undertake a "second-step" stock offering of shares of common stock of a new state chartered corporation formed in connection with the conversion. The Bank converted from a mutual savings bank to the two-tier mutual holding company structure in 2002 and completed a minority stock offering in 2007.
Delanco Bancorp, Inc. Announces Trading Under New Symbol to Commence on October 18
Business Wire - Thu Oct 17, 11:19AM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that it has been informed by FINRA that shares of Delanco Bancorp, Inc., the New Jersey corporation that became the holding company for the Bank upon completion of the Bank's second-step conversion, will begin trading on the OTCQB Marketplace on October 18, 2013. Shares will trade under the symbol "DLNOD" for a period of 20 trading days after which the symbol will revert to "DLNO." Delanco Bancorp, Inc. sold a total of 525,423 shares of common stock at the price of $8.00 per share. As a result of completion of the second-step conversion, each existing share of old Delanco Bancorp, Inc. has been converted into the right to receive .5711 of a share of new Delanco Bancorp, Inc. common stock. The exchange will be effective at the opening of trading on October 18, 2013.
Delanco Bancorp, Inc. Announces Closing of Stock Offering and Completion of Conversion Transaction
Business Wire - Wed Oct 16, 3:37PM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that it has completed its stock offering conducted in connection with the "second step" conversion of Delanco MHC (the "MHC"), effective as of the close of business today. As a result of the closing of the conversion and offering, Delanco Bancorp, Inc., a New Jersey-chartered corporation, is now the holding company for Delanco Federal Savings Bank and both the MHC and the Bank's former mid-tier holding company, a Federally-chartered corporation known as "Delanco Bancorp, Inc.," have ceased to exist. The results of the stock offering were previously reported in a press release dated October 9, 2013.
Delanco Bancorp, Inc. Announces Results of Subscription and Community Offering; Conversion and Offering Expected to Close on October 16, 2013
Business Wire - Wed Oct 09, 3:47PM CDT
Delanco Bancorp, Inc. (DLNO), holding company for Delanco Federal Savings Bank, announced today that new Delanco Bancorp, Inc. has received orders to purchase a total of 525,423 shares of common stock in the offering being conducted in connection with the second-step conversion of Delanco Federal Savings Bank, which is slightly below the midpoint of the offering range. The conversion and offering are expected to be completed on October 16, 2013. The closing of the transaction is subject to the satisfaction of customary closing conditions.
Delanco Bancorp, Inc. to Commence Second-Step Conversion and Stock Offering
Business Wire - Fri Aug 16, 3:25PM CDT
Delanco Bancorp, Inc. (the "Company") (OTCBB: DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that the Company has received approval from the Board of Governors of the Federal Reserve System to reorganize from the two-tier mutual holding company structure to the stock holding company structure and commence a "second-step" stock offering of new shares of common stock. The Company also announced that the registration statement relating to the sale of common stock by the new holding company for Delanco Federal Savings Bank - a newly formed corporation also named Delanco Bancorp, Inc. - has been declared effective by the Securities and Exchange Commission.
Delanco Bancorp elects Daniel Roccato as new director
M2 - Fri Jun 28, 6:03AM CDT
Delanco Bancorp Inc (OTCQB
LNO), the parent company of Delanco Federal Savings Bank, on Thursday named Daniel Roccato as the new director on the boards of Delanco and the Bank. Delanco Bancorp Announces New Director
Business Wire - Thu Jun 27, 12:02PM CDT
Delanco Bancorp, Inc. (Delanco) (OTCQB: DLNO), the parent company of Delanco Federal Savings Bank (the Bank), today announced that Daniel Roccato, President of Quaker Wealth Management, LLC and Adjunct Professor at Rutgers University, has been appointed to the Board of Delanco and the Bank. "We welcome Dan as a Director," said James E. Igo, Chairman and President of Delanco. "Dan has extensive business experience and connections into the local community that will serve us well as we continue to build our franchise into the premier community bank in our area."
Delanco Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization
Business Wire - Wed May 29, 9:56AM CDT
Delanco Bancorp, Inc. (the "Company") (OTCBB: DLNO), holding company for Delanco Federal Savings Bank (the "Bank"), announced today that the Board of Directors of the Company has unanimously adopted a Plan of Conversion and Reorganization pursuant to which the Bank will reorganize from the two-tier mutual holding company structure to the stock holding company structure and will undertake a "second-step" stock offering of shares of common stock of a new state chartered corporation formed in connection with the conversion. The Bank converted from a mutual savings bank to the two-tier mutual holding company structure in 2002 and completed a minority stock offering in 2007.
