Reflected in this increase are the higher costs associated with the larger institution after the acquisition of MCSB
, as well as the added costs of dual operating systems.
The vision for the MCSB
was further enhanced and refined in January 2000 during the Ml Functional Area Assessment (FAA) when the Vice Chief of Staff for the Army (VCSA) approved the recommendation to develop a Force Design Update (FDU) for the MCSB
Perhaps the same property that limits solder bridges and MCSBs
will also permit wider windows on area array and intrusive reflow overprints.
tests included both the best and worst case stencil design scenarios.
In 2004 financial results released last month and presented at the annual shareholders meeting, MCSB
turned around a 2003 loss to profitability that not only met, but exceeded, goals.
The former MCSB
branch locations in Durham and Greensboro, N.
is the first financial institution in North Carolina to join Allpoint Network.
We believe this is a win-win solution for MCSB
shareholders and customers, and ultimately for the community at large," said William V.
In early 2004, MCSB
announced its Strategic and Tactical Business Plans, which included the following priorities:
") today announced that they have entered into a definitive merger agreement, which provides for the merger of MCSB
with and into M&F's wholly owned bank subsidiary, Mechanics and Farmers Bank ("M&F Bank").
Other areas of significant discipline and stewardship for MCSB
are its ongoing management of credit quality, liquidity and capital.
Smith, the Officers, the Staff of MCSB
and officials of Northgate will welcome the community.