Beneficial Mutual Bancorp (BNCL) Decides Not to Participate in Treasury's Capital Purchase Program
More News related to BNCL
- Beneficial Mutual Bancorp, Inc. Announces Third Quarter 2009 Results
- Janney Montgomery Scott Upgrades Beneficial Mutual Bancorp (BNCL) to Buy; Valuation Call
- Notable Analyst Rating Changes 12/04: AMZN, YRCW, GPN, TRI Upgraded; DMND, DOX, FMCN, ISIL Downgraded
- Janney Montgomery Scott Initiates Coverage on Beneficial Mutual Bancorp (BNCL) with a Neutral
- Beneficial Mutual Bancorp (BNCL) Decides Not to Participate in Treasury's Capital Purchase Program
More News related to Corporate News
- After-Hours Movers 11/09: SGK, PCLN, SQNM Higher; MBI, SDTH, UTK, TOPS, CPST, BTN, FLR Lower
- Trading Radar for 11/10: Tyco Int. (TYC), ArvinMeritor (ARM), Clearwire (CLWR), American Apparel (APP) Report
- Unusual 11 Mid-Day Movers 11/09: EONC, EWBC, REV, PRST Higher; GTN, CHNG, SRZ, CHDX Lower
- Notable Analyst Rating Changes: RSH, ANF, NOC, ADBE, HERO Upgraded; RIMM, RHT, GPS, AZN, SGY Downgraded
- Morning Movers 11/09: EWBC, CVM, REV, CGEN, RSH Higher; CHDX, SRZ, GTN, RPRX, VSR Lower
Beneficial Mutual Bancorp, Inc. (Nasdaq: BNCL) today announced today that it will not apply for funds available through the U.S. Treasury's Capital Purchase Program.
Gerard Cuddy, Beneficial's President and CEO, said, "After careful consideration, we have decided not to participate in the Treasury's Capital Purchase Program. Beneficial is very well-capitalized, and enjoys significant liquidity and a strong balance sheet. We are well positioned to meet our customers' needs and to execute on our growth strategies."
Beneficial Mutual Bancorp, Inc. operates as the bank holding company for Beneficial Mutual Savings Bank that provides consumer and commercial banking services for individuals and businesses in the United States.
Related Categories
Corporate NewsStocks Mentioned
+0.14Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
