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One bank startup launches offering; one needs cash infusion

Authors :
Pinckney, Barbara
Source :
The Business Review (Albany, NY). Jan 30, 2004, Vol. 30 Issue 44, p9, 1 p.
Publication Year :
2004

Abstract

The Empire State Bank N.A. has recently launched its community offering whereby it plans to raise between $12.5 million to $16 milllion by selling its stock. The Patriot Federal Savings Bank, on the other hand is seeking finance of $4 million from private investors to bridge the gap left after its community offer in late October.

Details

Language :
English
ISSN :
15374254
Volume :
30
Issue :
44
Database :
Gale General OneFile
Journal :
The Business Review (Albany, NY)
Publication Type :
Periodical
Accession number :
edsgcl.121480648