TITLE

In merger bid, chairman buys biggest stake in target bank

AUTHOR(S)
Epstein, Jonathan D.
PUB. DATE
August 1995
SOURCE
American Banker;8/23/1995, Vol. 160 Issue 162, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Commerce Bank and Trust Co. chairman David G. Massad's acquisition of stake in Safety Fund National Bank in a bid to push a merger between the two banks. Reaction of Safety Fund officials to the Massad's proposed merger; Asset quality problems experienced by Safety Fund.
ACCESSION #
9509251355

 

Related Articles

  • Massachusetts' Safety Fund Corp. finds a white knight from N.H. Epstein, Jonathan D. // American Banker;1/30/1996, Vol. 161 Issue 19, p7 

    Reports on Safety Fund Corp.'s agreement to sell out to CFX Corp. Safety Fund's operation as a separate subsidiary of CFX; Safety Fund's approval of a shareholder rights plan; Possible opposition to the deal from shareholder David G. Massad.

  • Over the border again.  // New Hampshire Business Review;1/19/96, Vol. 18 Issue 2, p13 

    Reports that CFX Corporation plans to acquire Safety Fund Corporation of Fitchburg, Massachusetts. CFX's total assets.

  • Topeka bank offers pay-by-phone plan.  // Banking;Mar78, Vol. 70 Issue 3, p25 

    Focuses on the plan of the Commerce Bank & Trust company in Topeka, Kansas to offer a Bill Payer pay-by-phone plan. Process of the telephone payment system; Transmission of customer agreements in the program; Use of the transfer of funds in the payment system.

  • School board in Massachusetts offers Visa card. Fickenscher, Lisa // American Banker;4/8/1994, Vol. 159 Issue 67, p14 

    Reports on the Worcester, Massachusetts school board's alliance with Commerce Bank and Trust Co. to offer a Visa credit card. Generation of income for a variety of public school programs; Amount received by the school board from the bank's annual fee; Interest rate; Commerce Bank's development...

  • Kan. Bank: Software Spots Check Fraud. Wade, Will // American Banker;12/19/2006, Vol. 171 Issue 242, p13 

    The article reports that Commerce Bank and Trust claims that it has spotted $250,000 in potentially fraudulent checks since it installed an anti-fraud product from Goldleaf Financial Solutions Inc. The software product, called WinGuard, is designed to authenticate anyone who tries to deposit or...

  • Aurum to Process for Commerce of Mass. Bills, Steve // American Banker;1/23/2004, Vol. 169 Issue 15, p12 

    Commerce Bank and Trust Co. of Worcester, Massachusetts, which has conducted its core account processing in-house for 18 years, plans to outsource the work. Starting in mid-March, Commerce will use Aurum Technology Inc. of Plano, Texas, to process its debit cards as well as its deposit and loan...

  • TD Banknorth Suit Over New Brand. Rieker, Matthias // American Banker;4/3/2008, Vol. 173 Issue 64, p20 

    The article reports that Commerce Bank and Trust Company of Worcester, Massachusetts is suing Toronto-Dominion Bank and its U.S. unit banking arm, TD Banknorth Incorporated of Portland, Maine, to prevent the latter from using the TD Commerce Bank Brand. In court filings with the U.S. District...

  • PEOPLE ON THE MOVE.  // BusinessWest;3/5/2007, Vol. 23 Issue 22, p65 

    The article announces several career developments in Massachusetts. Jack Delaney is promoted as Vice President of Sales and Marketing at Kleer Lumber LLC, Christy Hedgpeth is promoted as Director of Branding and Licensing at Spalding and John S. Kelley appointed as Commercial Real Estate Senior...

  • Cards That Show Some Mercy. Bigda, Carolyn // Money;Jul2007, Vol. 36 Issue 7, p44 

    This article discusses credit cards and banks that will not hike up your interest rates if you are forced to pay a bill late. Credit companies evaluated in the article are the Pulaski Bank & Trust, Wells Fargo, and the Commerce Bank. The banks are evaluated in terms of financial penalties and...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics