AJS Bancorp, Inc. Completes Reorganization and Stock Sale.Business Editors MIDLOTHIAN, Ill.--(BUSINESS WIRE)--Dec. 28, 2001 Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs R. Butkus, President and Chief Executive Officer of A. J. Smith Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks (the "Bank"), announced today that AJS AJS American Journal of Sociology AJS American Judicature Society AJS American Journal of Surgery AJS Association for Jewish Studies AJS Americans for Job Security AJS Administration of Justice Studies AJS America-Japan Society AJS AJ Stevens Bancorp, Inc. (the "Company"), the holding company for the Bank, completed its stock offering in connection with the Bank's Reorganization from the mutual form of organization to the mutual holding company form of organization and minority stock offering of 49% of the Company's common stock. 1,179,406 shares were sold at $10.00 per share in connection with the minority stock offering and 1,227,544 shares were issued to AJS Bancorp, Inc., the Company's mutual holding company parent. On December 19, 2001 the Bank's Plan of Conversion and Reorganization was approved by the Bank's voting members at a Special Meeting. Mr. Butkus indicated that the board of directors of the Bank want to express their appreciation for the response to the stock offering and that the Bank looks forward top continuing to serve the needs of its customers and the community as a stock institution. The offering was managed by Trident Securities, a division of McDonald Investments, Inc. of Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. . Luse Lehman Gorman Pomerenk & Schick of Washington, D.C. acted as special counsel to the Company and the Bank. The stock is expected to commence trading on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Electronic Bulletin Board under the symbol "AJSB" on or about December 27, 2001. |
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