Archive for December, 1969

LOS ANGELES—-Center Financial Corporation , the holding company of Center Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share. The cash dividend will be paid on or about April 9, 2008 to shareholders of record at the close of market on March 26, 2008.

Moody’s Investors Service cut Washington Mutual Inc.’s credit rating Friday and said the country’s largest savings and loan will need at least $4 billion more than it expected to cover bad mortgages in 2008.

VANCOUVER, Wash., March 14, 2008 — Riverview Bancorp, Inc. today announced that it expects to record a provision for loan losses of between $1.5 million to $2.0 million , or $0.14 to $0.19 per diluted share, during the fourth quarter of its fiscal year ending March 31, 2008.

Moody’s Investors Service cut Washington Mutual Inc.’s debt rating on notch above junk status Friday and said the outlook is negative for all of the company’s affiliated businesses because of worse-than-expected fallout from the mortgage crisis.

BCSB Bankcorp, Inc. , the holding company for Baltimore County Savings Bank, F.S.B., announced today that in order to give potential purchasers in the offering an opportunity to consider the impact of BCSB Bankcorp’s recent announcement of the termination of the Supervisory Agreement by the Office of Thrift Supervision, BCSB Bancorp has extended the termination date for the subscription and community offering until 3:00 p.m., Eastern Time, on April 2, 2008.

Snap judgments about a controversial line of work.