Printer Friendly

MNC FINANCIAL RESPONDS TO RECENT NEWS ACCOUNTS

 MNC FINANCIAL RESPONDS TO RECENT NEWS ACCOUNTS
 BALTIMORE, May 22 /PRNewswire/ -- Contrary to reports published in


the American Banker on May 21, 1992, and in the New York Times on May 22, MNC Financial Inc. (NYSE: MNC) today announced that its subsidiary banks -- Maryland National Bank, Baltimore, and American Security Bank, N.A., Washington, -- have capital levels which are above minimum regulatory requirements and are therefore eligible to apply to the FDIC for waivers from restrictions on accepting brokered deposits.
 -0- 5/22/92
 /CONTACT: Daniel G. Finney, senior vice president of MNC Financial, 410-547-4038/
 (MNC) CO: MNC Financial, Inc. ST: Maryland IN: FIN SU:


LJ-JS -- PH024 -- 3387 05/22/92 14:43 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 22, 1992
Words:114
Previous Article:ALAMO TO SIGN LONG-TERM LEASE AGREEMENT WITH TRAVELERS; 110 TOWER TENANT WILL KEEP ITS WORLD HEADQUARTERS IN DOWNTOWN FORT LAUDERDALE
Next Article:DELTONA OBTAINS FURTHER EXTENSION
Topics:


Related Articles
MNC FINANCIAL REPORTS OPERATING RESULTS FOR FULL YEAR & FOURTH QUARTER
MNC FINANCIAL, INC. REPORTS DECLINE IN NONPERFORMING ASSETS AND CONTINUED PROFITABILITY
MNC FINANCIAL, NATIONSBANK ENTER INTO INVESTMENT, MERGER AGREEMENTS
NATIONSBANK ANNOUNCES DEFINITIVE AGREEMENT TO INVEST $200 MILLION IN MNC FINANCIAL, INC.
MNC FINANCIAL, NATIONSBANK ENTER INTO INVESTMENT, MERGER AGREEMENTS
NATIONSBANK ANNOUNCES COMPLETION OF $200 MILLION EQUITY INVESTMENT IN MNC FINANCIAL
MNC FINANCIAL, INC. REVISES UPWARDS ITS 1992 RESULTS FOLLOWING ADOPTION OF NEW ACCOUNTING STANDARD
NATIONSBANK CORPORATION EXERCISES OPTION TO ACQUIRE MNC FINANCIAL
NATIONSBANK 'A+' SENIOR DEBT AFFIRMED BY FITCH AFTER MNC ANNOUNCEMENT -- FITCH FINANCIAL WIRE
MNC FINANCIAL, INC. DECLARES FIRST QUARTER PREFERRED STOCK DIVIDENDS; CURES ARREARAGES ON PREFERRED STOCK DIVIDENDS OWED

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters