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News Breaks
January 24, 2014
16:16 EDTPBCPPolonia Bancorp announces share repurchase plan
Polonia Bancorp announced that its board approved the repurchase of up to 175,563 shares of the company’s outstanding common stock, which is approximately 5% of outstanding shares. Purchases will be conducted through a Rule 10b5-1 repurchase plan with Sandler O’Neill & Partners, L.P., which will become effective following release of the company’s report on earnings for the quarter and year ended December 31, 2013.
News For PBCP From The Last 14 Days
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May 18, 2015
17:32 EDTPBCPPolonia Bancorp names Joseph Svetik as CEO
Polonia Bancorp (PBCP), the holding company of Polonia Bank, announced that Joseph Svetik has been appointed to the positions of President and CEO and Director of the company and the Bank and that all regulatory non-objections have been received. Svetik has spent his entire career in banking. He joined First Star Bank in 1989 and from 2001 until its sale to ESSA Bancorp in 2012 he served as Chairman, President and CEO. Svetik served as a director of ESSA Bancorp (ESSA) from July 2012 to March 2014 and has served as a director of JTNB Bancorp and its banking unit Jim Thorpe Neighborhood Bank since September 2014.

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