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7 months ago
BRIEF-First Business Financial Services announces plans to consolidate three charters into a single bank operating subsidiary
January 12, 2017 / 2:14 PM / 7 months ago

BRIEF-First Business Financial Services announces plans to consolidate three charters into a single bank operating subsidiary

Jan 12 (Reuters) - First Business Financial Services Inc

* Announces plans to consolidate three charters into a single bank operating subsidiary

* Company's existing products and services will be unchanged

* Company's existing management structure is also unchanged

* No personnel changes are anticipated in connection with this charter consolidation plan

* Boards of first business and its bank subsidiaries have unanimously approved company's charter consolidation plans

* Conversion of Alterra's core banking system to First Business Bank's is expected to be completed later this year Source text for Eikon: Further company coverage:

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