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Overview

Peoples Federal Bancshares, Inc., a Maryland corporation, has recently completed an offering of shares of common stock for sale in connection with the conversion of Peoples Federal MHC and its subsidiary, Peoples Federal Savings Bank, from the mutual to the stock form of organization.

Peoples Federal Savings Bank is a federally chartered savings bank headquartered in Brighton, Massachusetts. The Bank was organized in 1888, and reorganized into the mutual holding company structure in 2005. Peoples Federal Savings Bank is currently the wholly owned subsidiary of Peoples Federal Bancorp, Inc., a federal corporation, which is the wholly owned subsidiary of Peoples Federal MHC, a federal mutual holding company. On a consolidated basis, as of March 31, 2010, Peoples Federal MHC had total assets of $487.7 million, total loans of $366.4 million, total deposits of $377.9 million and equity of $52.5 ...


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Exchange: NASDAQ
Industry: Banking
Market Cap: N/A




 
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