Colonial Federal Savings Completes Partial Conversion to Stock Bank
Quincy-based Colonial Federal Savings Bank has completed its partial conversion to a stock bank, and the company’s stock began trading on the Nasdaq exchange today.
Depositors Approve Colonial Federal Savings’ Reorganization
by Diane McLaughlin | Dec 30, 2021
Colonial Federal Savings Bank has received depositor approval to reorganize its company structure as the bank moves ahead with plans to raise capital by partially converting to a publicly traded bank.
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