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Stock Market & Financial Investment News

News Breaks
March 18, 2014
16:20 EDTUBNK, RCKBRockville Financial, United Financial get regulatory approval for merger
Rockville Financial (RCKB) and United Financial Bancorp (UBNK) announced that the Connecticut Department of Banking has approved Rockville Bank's application to merge with United Bank of West Springfield, Massachusetts. Rockville Financial United Financial have now secured approvals from four of the five regulators they submitted applications to, including the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System and the Connecticut Department of Banking. The Office of the Comptroller of Currency also informed both companies that it does not intend to make any comments on the notice filed with it. The Massachusetts Board of Bank Incorporation application is still pending.
News For RCKB;UBNK From The Last 14 Days
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April 22, 2015
16:31 EDTUBNKUnited Financial announces organizational restructuring
United Financial Bancorp and United Bank announced an organizational restructuring and the creation of a new executive position called the Head of Consumer Strategy, effective July 1. Brandon C. Lorey, EVP and Head of Consumer Lending, will fill the new position of Head of Consumer Strategy where he will oversee United's retail branch network, Contact Center, Virtual Banking, Loan Servicing and United Northeast Financial Advisors, the Bank's financial advisory team. These responsibilities will be in addition to his current duties of managing Consumer Lending, Mortgage Banking and Loan Servicing.
April 21, 2015
16:20 EDTUBNKUnited Financial raises quarterly dividend to 12c per share from 10c per share
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16:19 EDTUBNKUnited Financial reports Q1 EPS 26c, consensus 23c
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