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First Resource Bank Announces Redemption Of 75% Of Outstanding Small Business Lending Fund Preferred Stock

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EXTON, Pa., Nov. 19, 2015 /PRNewswire/ -- First Resource Bank (OTCQX: FRSB) announced that it has redeemed 75% of the outstanding balance of its Small Business Lending Fund preferred stock. This $3.8 million redemption was completed on November 17, 2015. President & CEO, Glenn B. Marshall stated, "I am happy to report that First Resource Bank has begun the process of retiring our Small Business Lending Fund preferred stock with the first step being a 75% partial redemption. Early in 2015, the Board of...

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