latest news releases from the newsroom
Monarch Community Bank
Reed Named Chief Lending Officer at Monarch Community Bank
COLDWATER, Mich., Aug. 16, 2010 (GLOBE NEWSWIRE) -- The Board of Directors at Monarch Community Bank, the wholly-owned bank subsidiary of Monarch Community Bancorp, Inc. (Nasdaq:MCBF), is proud to announce the appointment of Ronald R. Reed as the new executive vice president and chief lending officer of the Bank.
German American Bancorp, Inc.
German American Appoints Thomas W. Seger as New Director
JASPER, Ind., Aug. 16, 2010 (GLOBE NEWSWIRE) -- The board of directors of German American Bancorp, Inc. (Nasdaq:GABC), has elected Thomas W. Seger to a newly created board seat, effective immediately. Mr. Seger has also been appointed to the Compensation/Human Resources, Audit and the Credit Risk Management Committees of the board of directors, and to the board of directors (and similar board committees) of the company's bank subsidiary.
Clear Skies Solar, Inc.
Clear Skies Solar Cleans Balance Sheet
MINEOLA, N.Y., Aug. 16, 2010 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial, and agricultural clients, today announced a significant restructuring of its balance sheet with nearly all convertible debt being cleared from the balance sheet. This event marks the end of the financial arrangement resulting from the financial market crisis of 2008 and 2009. As a result of this restructuring, Clear Skies Solar plans to aggressively accelerate its business model.