February 19, 2019
Lawrence Spaccasi presented as part of a panel entitled “Should Your Savings Association Take Advantage of HOLA Flexibility?” at the 2019 ABA Conference for Community Bankers in San Diego on February 11, 2019. The panel discussed the proposed OCC rule which will allow federal savings associations to elect to operate and be regulated like national banks without changing their charters. The presentation focused on the pros and cons of the election and outstanding issues that should be addressed by the final rule.
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February 19, 2019
Thomas P. Hutton presented as part of a panel entitled “Benefits Programs that Engage the Best Employees” at the 2019 ABA Conference for Community Bankers in San Diego on February 12, 2019. The panel included discussions on ways of attracting and retaining top employees, including using student loan debt reduction plans, to retirement programs, to stock ownership programs.
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February 19, 2019
John J. Gorman is leading a discussion of the “Role of the Delaware Courts” at the NACD’s Battlefield to Boardroom program on February 21, 2019. This board development program is designed to prepare retired and soon-to-retire military flag and general officers to serve in the boardroom. As the recognized authority on leading boardroom practices, the NACD helps boards strengthen investor trust and public confidence by ensuring that today's directors are well prepared for tomorrow's challenges. John is a faculty member of the NACD, and served as a Commissioner on the 2016 Blue Ribbon Commission on Building the Strategic-Asset Board.
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February 11, 2019
On February 1, 2019, Valley Central Bank and its mutual holding company, Valley Central, MHC, Liberty Township, Ohio, announced the execution of an agreement with American Savings Bank, Middletown, Ohio, pursuant to which American Savings Bank will merge with and into Valley Central Bank.
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February 8, 2019
The Securities and Exchange Commission recently made changes to its rules governing the disclosure provided in filings submitted to the SEC. The attached newsletter provides a review of the changes that public companies should be aware of as they prepare their Annual Reports on Form 10-K.
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