American Perspective Bank Announces Fourth Quarter and Full Year 2011 Financial Results
SAN LUIS OBISPO, Calif., Jan. 20, 2012 /PRNewswire/ -- American Perspective Bank (OTC Bulletin Board: APBA) (the "Bank") today announced fourth quarter and year to date consolidated financial results through December 31, 2011.  Net income during the fourth quarter of 2011 was $1.5 million, equivalent to $0.34 diluted earnings per share.  The fourth quarter 2011 earnings benefited from the recognition of $676 thousand in tax benefits primarily associated with the reversal of the valuation allowance against the Bank's net deferred tax assets.  Based upon factors including the Bank's being profitable for the past nine consecutive quarters, the valuation allowance was eliminated because it is more likely than not that the Bank will be able to u ...

Bank Mutual Corporation Reports Net Income for the Fourth Quarter of 2011
MILWAUKEE, Jan. 19, 2012 /PRNewswire/ -- Bank Mutual Corporation (NASDAQ: BKMU) reported net income of $1.4 million or $0.03 per diluted share in the fourth quarter of 2011 compared to a net loss of $76.4 million in the fourth quarter of 2010.  Results for the fourth quarter of 2010 included a loss on early repayment of borrowings from the Federal Home Loan Bank ("FHLB") of Chicago, as well as an elevated level of provision for loan losses.  Bank Mutual Corporation ("Bank Mutual") also announced that its non-performing loans declined by $14.7 million or 16.3% during the fourth quarter of 2011 and by $47.8 million or 38.9% during the entire year. On a full-year basis, Bank Mutual had a net loss of $47.6 million or $1.03 per diluted share ...

TD Bank Employees Contribute More Than $2.2 Million to the United Way
CHERRY HILL, N.J. and PORTLAND, Maine, Jan. 19, 2012 /PRNewswire/ -- Employees from TD Bank, America's Most Convenient Bank®, contributed more than $2.2 million to the United Way through the bank's annual Employee Workplace Giving Campaign.

Sphere(SM) is Here: Sovereign Bank Launches New Sphere(SM) Visa Signature Credit Card
  BOSTON, Jan. 13, 2012 /PRNewswire/ --  Sovereign Bank, a wholly owned subsidiary of Banco Santander, announced the launch of Sphere(SM), the new Sovereign Visa Signature Credit Card.  Sphere is Sovereign's first credit card since becoming a part of Santander and is branded with the Sovereign/Santander dual logo. (Photo: ) "We are very excited to launch the new Sphere consumer credit card," said Nuno Matos, head of Retail Banking at Sovereign.  "The credit card business will be a key driver in our continued strategic growth in the United States and Sphere is the ideal product for us to successfully introduce the first ever Sovereign/Santander dual branded consu ...

HSBC Introduces Conveyancing Panel to Assist Mortgage Customers
LONDON, January 6, 2012 /PRNewswire/ -- From Monday 9 January 2012 HSBC is establishing a panel of solicitors and licensed conveyancers to provide the required legal services to our home buying mortgage  customers. Customers who choose to use one of the panel firms will have the advantage of competitive fixed fees (see table 1), as well as benefiting from the speed, efficiency and consistent quality of service provided by the firms on the panel. Customers will continue to be free to use their own solicitor or conveyancer to act for them, but HSBC will use a panel firm to undertake its own legal requirements.