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-West Town Bancorp announces fiscal results

Feb 19, 2020 - Global Banking News

Global Banking News - 19 February 2020

West Town Bancorp Inc. (OTC: WTWB), the financial holding company for West Town Bank Trust, has released its financial results for the three months ended December 31, 2019.

As previously announced, Sound Bank, formerly a wholly owned subsidiary of West Town, had on May 6, 2019, completed a recapitalisation that resulted in a significant reduction in West Town's ownership position in the bank, which, effective October 1, 2019, changed its...