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Regulators OK Seneca mutual conversion

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

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Regulators OK Seneca mutual conversion

Regulators have approved Seneca Federal Savings and Loan Association's application to reorganize into a mutual holding company structure.

Proposed holding company Seneca Financial Corp. is likely to close the conversion-related offering Oct. 11. It expects to sell 910,305 shares in the subscription offering at $10.00 each.

The stock is expected to be quoted on the OTC Pink Marketplace beginning Oct. 12. The trading symbol has yet to be determined.