trending Market Intelligence /marketintelligence/en/news-insights/trending/q4M0D0r8kcPcZs6ansYq-Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Seneca Savings completes MHC conversion

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Seneca Savings completes MHC conversion

Seneca Financial Corp. completed its stock offering connected with the now-completed conversion of Seneca Federal Savings and Loan Association into the mutual holding company structure.

Seneca Financial raised gross proceeds of about $9.1 million, selling 910,305 common shares at $10 apiece. The midtier holding company sold 46% of its stock in the offering, and the rest was issued to Seneca Financial MHC.

The shares are expected to be quoted on the OTC Pink Marketplace under the ticker "SNNF" on Oct. 12.

Raymond James & Associates Inc. was Seneca Financial Corp.'s agent in the stock offering and was financial adviser to it and Seneca Savings. Luse Gorman PC was legal counsel to Seneca Financial Corp. and Seneca Savings. Kilpatrick Townsend & Stockton LLP was legal counsel to Raymond James.