Park Bancorp (PFED) 0.1600 $PFED
Royal Financial Announces Completion of Acquisition of Park Bancorp
GlobeNewswire - Sun May 01, 2:10PM CDT
Royal Financial, Inc. ("Royal Financial"
(OTCQX:RYFL), parent company of Royal Savings Bank ("Royal Bank", announced today that it completed its acquisition of Park Bancorp ("Park Bancorp" and the merger of Park's wholly-owned subsidiary, Park Federal Savings Bank ("Park Federal", a federally-chartered bank, with and into Royal's wholly-owned subsidiary, Royal Savings Bank ("Royal Bank", a state-chartered savings bank, on April 29, 2016. Park Bancorp was simultaneously merged into Royal Financial.
Park Bancorp, Inc. and Royal Financial, Inc. Jointly Announce Park Bancorp Shareholder Approval for Merger
GlobeNewswire - Tue Mar 22, 5:32PM CDT
Royal Financial, Inc. (the "Company" (OTCQX:RYFL), the holding company and parent to Royal Savings Bank ("Royal Savings", and Park Bancorp, Inc. ("Park Bancorp" (OTC-Pink
FED), the holding company and parent to Park Federal Savings Bank ("Park Federal", jointly announce that on March 22, 2016 the shareholders of Park Bancorp have voted to approve the Agreement and Plan of Merger, dated January 14, 2016, by and between Royal Financial and Park Bancorp, pursuant to which Park Bancorp will merge with and into Royal Financial. The proxy vote was announced at the Park Bancorp special meeting of shareholders today in Chicago. The merger remains subject to regulatory approvals and is expected to close in late April 2016.
Royal Financial, Inc. Announces Agreement to Acquire Park Bancorp, Inc.
GlobeNewswire - Fri Jan 15, 6:05AM CST
Royal Financial, Inc. ("Royal Financial" (OTCQX:RYFL) and Park Bancorp, Inc. ("Park Bancorp" (OTC-PinkFED) jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which Park Bancorp, the holding company and parent of Park Federal Savings Bank ("Park Federal" will merge with and into Royal Financial, the holding company for Royal Savings Bank ("Royal Savings". Park Federal, which operates three banking offices in Chicago and one in Westmont, Illinois, will merge with and into Royal Savings.
Park Bancorp, Inc. and Park Federal Savings Bank Announce Termination of Merger Agreement with Parkway Bancorp, Inc.
PR Newswire - Fri Nov 13, 4:42PM CST
The Board of Directors of Park Bancorp, Inc. (the "Company" (OTCPink: PFED) and its banking subsidiary, Park Federal Savings Bank (the "Bank", announced that they received notice from Parkway Bancorp, Inc. ("Parkway" of the termination of the merger agreement previously entered into between the Company and Parkway, the parent company of Parkway Bank & Trust Company, pursuant to which the Company and the Bank would have been acquired by Parkway. As a result of the termination of the agreement, the Company and the Bank will continue to seek other strategic alternatives in an effort to recapitalize the Bank.
Parkway Bancorp, Inc. Agrees to Acquire Park Bancorp, Inc. and Park Federal Savings Bank
PR Newswire - Thu May 07, 4:53PM CDT
The Board of Directors of Park Bancorp, Inc. (the "Company" (OTCPink: PFED) and its banking subsidiary, Park Federal Savings Bank (the "Bank", today announced the signing of a definitive merger agreement with Parkway Bancorp, Inc. ("Parkway", headquartered in Harwood Heights, Illinois, and the parent company of Parkway Bank & Trust Company, which has 24 locations in Chicago and its northwest suburbs and eight locations in the Phoenix, Arizona metropolitan area. As of March 31, 2015, the Company had approximately $154 million in assets, approximately $84 million in loans and approximately $118 million in deposits, and Parkway had approximately $2.22 billion in assets, approximately $1.57 billion in loans and approximately $1.90 billion in deposits. As a result of the transaction, the Bank will be merged with and into Parkway Bank & Trust Company.
Royal Financial Announces Completion of Acquisition of Park Bancorp
GlobeNewswire - Sun May 01, 2:10PM CDT
Royal Financial, Inc. ("Royal Financial"
(OTCQX:RYFL), parent company of Royal Savings Bank ("Royal Bank", announced today that it completed its acquisition of Park Bancorp ("Park Bancorp" and the merger of Park's wholly-owned subsidiary, Park Federal Savings Bank ("Park Federal", a federally-chartered bank, with and into Royal's wholly-owned subsidiary, Royal Savings Bank ("Royal Bank", a state-chartered savings bank, on April 29, 2016. Park Bancorp was simultaneously merged into Royal Financial. Park Bancorp, Inc. and Royal Financial, Inc. Jointly Announce Park Bancorp Shareholder Approval for Merger
GlobeNewswire - Tue Mar 22, 5:32PM CDT
Royal Financial, Inc. (the "Company"
(OTCQX:RYFL), the holding company and parent to Royal Savings Bank ("Royal Savings", and Park Bancorp, Inc. ("Park Bancorp" (OTC-PinkFED), the holding company and parent to Park Federal Savings Bank ("Park Federal", jointly announce that on March 22, 2016 the shareholders of Park Bancorp have voted to approve the Agreement and Plan of Merger, dated January 14, 2016, by and between Royal Financial and Park Bancorp, pursuant to which Park Bancorp will merge with and into Royal Financial. The proxy vote was announced at the Park Bancorp special meeting of shareholders today in Chicago. The merger remains subject to regulatory approvals and is expected to close in late April 2016. Royal Financial, Inc. Announces Agreement to Acquire Park Bancorp, Inc.
GlobeNewswire - Fri Jan 15, 6:05AM CST
Royal Financial, Inc. ("Royal Financial"
(OTCQX:RYFL) and Park Bancorp, Inc. ("Park Bancorp" (OTC-PinkFED) jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which Park Bancorp, the holding company and parent of Park Federal Savings Bank ("Park Federal" will merge with and into Royal Financial, the holding company for Royal Savings Bank ("Royal Savings". Park Federal, which operates three banking offices in Chicago and one in Westmont, Illinois, will merge with and into Royal Savings. Park Bancorp, Inc. and Park Federal Savings Bank Announce Termination of Merger Agreement with Parkway Bancorp, Inc.
PR Newswire - Fri Nov 13, 4:42PM CST
The Board of Directors of Park Bancorp, Inc. (the "Company"
(OTCPink: PFED) and its banking subsidiary, Park Federal Savings Bank (the "Bank", announced that they received notice from Parkway Bancorp, Inc. ("Parkway" of the termination of the merger agreement previously entered into between the Company and Parkway, the parent company of Parkway Bank & Trust Company, pursuant to which the Company and the Bank would have been acquired by Parkway. As a result of the termination of the agreement, the Company and the Bank will continue to seek other strategic alternatives in an effort to recapitalize the Bank. Parkway Bancorp, Inc. Agrees to Acquire Park Bancorp, Inc. and Park Federal Savings Bank
PR Newswire - Thu May 07, 4:53PM CDT
The Board of Directors of Park Bancorp, Inc. (the "Company"
(OTCPink: PFED) and its banking subsidiary, Park Federal Savings Bank (the "Bank", today announced the signing of a definitive merger agreement with Parkway Bancorp, Inc. ("Parkway", headquartered in Harwood Heights, Illinois, and the parent company of Parkway Bank & Trust Company, which has 24 locations in Chicago and its northwest suburbs and eight locations in the Phoenix, Arizona metropolitan area. As of March 31, 2015, the Company had approximately $154 million in assets, approximately $84 million in loans and approximately $118 million in deposits, and Parkway had approximately $2.22 billion in assets, approximately $1.57 billion in loans and approximately $1.90 billion in deposits. As a result of the transaction, the Bank will be merged with and into Parkway Bank & Trust Company. 
