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Stock Market & Financial Investment News

News Breaks
December 10, 2012
05:55 EDTTFSL, TFSLTFS Financial management to meet with Sterne Agee
Field trip to company headquarters to be held in Cleveland on December 13 hosted by Sterne Agee.
News For TFSL From The Last 14 Days
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June 29, 2015
16:05 EDTTFSLThird Federal Savings reports results of 2015 company-run stress test
Third Federal Savings and Loan Association of Cleveland, the wholly owned subsidiary of TFS Financial, reported the results of its 2015 company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether financial institutions have sufficient capital to absorb losses and support operations using a hypothetical stressed scenario described by the Federal Reserve, over a nine-quarter projection period from October 1, 2014 to December 31, 2016. The stress testing requirements and expectations for financial institutions with assets between $10B and $50B, are significantly reduced compared to those with assets of $50B or more. The medium-sized companies, including the Association, are not subject to the Federal Reserve’s supervisory-run stress tests or the Federal Reserve’s annual Comprehensive Capital Assessment and Review, are not required to submit an annual capital plan, and are not subject to a supervisory approval or denial of their stress test results.

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