DutchFork Bancshares, Inc. Completes Initial Public Offering.Business Editors NEWBERRY, S.C.--(BUSINESS WIRE)--July 5, 2000 J. Thomas Johnson Thomas Johnson may refer to:
FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks ("Newberry Federal"), announced today that DutchFork Bancshares, Inc. ("DutchFork Bancshares"), the proposed holding company for Newberry Federal, has completed its initial stock offering in connection with Newberry Federal's conversion from a mutual to a stock organization. A total of 1,560,550 shares of common stock were sold at the price of $10.00 per share. On June 27, 2000, Newberry Federal's Plan of Conversion was approved by its voting members at a special meeting. Mr. Johnson said that the officers and boards of directors of DutchFork Bancshares and Newberry Federal wish to express their thanks for the response to the stock offering and that Newberry Federal looks forward to serving the needs of its customers and new stockholders as a community-based stock institution. The common stock will commence trading on or about July 6, 2000 on The Nasdaq Small Cap Market under the symbol "DFBS DFBS Defense Finance Battlefield System ." Trident Securities 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. managed the stock offering. Muldoon, Murphy & Faucette LLP LLP - Lower Layer Protocol of Washington, D.C. acted as legal counsel to Newberry Federal. |
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