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Stock Market & Financial Investment News

News Breaks
March 31, 2014
09:20 EDTRCKB, UBNKRockville Financial, United Financial receive regulatory approval for merger
Rockville Financial (RCKB) and United Financial Bancorp (UBNK) announced the two banks secured regulatory approval from the Massachusetts Board of Bank Incorporation of their application to merge Rockville Bank of Glastonbury, Connecticut, with United Bank of West Springfield, Massachusetts. This means Rockville Financial and United Financial have received all regulatory approvals required for their merger of equals to proceed, including from the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, the Connecticut Department of Banking and now the Massachusetts Board of Bank Incorporation. The Office of the Comptroller of Currency also informed both companies previously that it does not intend to make any comments on the notice filed with it. United and Rockville have scheduled their respective special shareholder meetings for April 8, when shareholders will be asked to give their final approval of the merger.
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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