Bedford Bancshares, Inc. Annual Meeting of Stockholders.BEDFORD, Va.--(BUSINESS WIRE)--Jan. 26, 1995--Bedford Bancshares, Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BFSB BFSB Bahamas Financial Services Board BfSB Battlefield Surveillance Brigade (US Army) ) the parent savings and loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. holding company of Bedford 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 , Bedford, Va., announced that its 1995 Annual Meeting of Stockholders was held today. This was the Corporation's first annual stockholder meeting since its subsidiary Savings Bank converted from mutual to stock form. At the meeting, T. Glynn Bradley, Hugh H. Bond and Macon C. Putney were elected as directors. In addition, stockholders approved the Corporation's 1994 Stock Option Plan and the Savings Bank's Recognition and Retention Plan. Stockholders also ratified the appointment of Cherry, Bekaert & Holland as auditors for the Corporation for the September 30, 1995 fiscal year. CONTACT: Bedford Bancshares, Inc., Bedford H.K. Neal, 703/586-2590 KEYWORDS: VIRGINIA INDUSTRY KEYWORD: BANKING REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion