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Does your old PSFS common stock aka Meritor Savings Bank still have any value?
Wiki User
∙ 12y ago
The FDIC (as receiver for Meritor Savings Bank) is distributing $4.27 per share (figure correct as of 3/19/2012) of common stock of PSFS (a.k.a. Meritor). Shareholders must send their stock certificates and claims (including substitute W-9 form) to an address of the FDIC in Texas. Use Google to find the FDIC letter to shareholders.
Wiki User
∙ 12y ago
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Is PSFS stock worth anything and how do you sell it?
If you are the registered owner of the PSFS stock, you should have received an official letter from the FDIC in February or March of 2012. Instructions were provided for redeeming your PSFS (a.k.a. Meritor) stock certificates. An FDIC agent informed me the common shares are being redeemed at $4.27 each.
What is the difference between financial savings and physical savings?
Financial savings is when you put money in the bank and it gains interest over time.Phyisical savings is when you invest in stock and it grows over time like Finacnial savings.
How does preferred stock differ from common stock?
pay dividend before common stock
What was the outcome of the savings and loan crisis?
Savings and loan associations' losses mounted after the stock market began to tumble in the late 1980s.
Can common stocks become preferred stocks?
Yes if there is a clause while issuing common stock that stock holder can convert the common stock to preffered stock.
Is PSFS stock worth anything and how do you sell it?
If you are the registered owner of the PSFS stock, you should have received an official letter from the FDIC in February or March of 2012. Instructions were provided for redeeming your PSFS (a.k.a. Meritor) stock certificates. An FDIC agent informed me the common shares are being redeemed at $4.27 each.
How do you find out about common stock shares of empire of America federal savings bank?
50 shareso value
Does national savings provide stock offers?
The national savings does not provide stock offers on its list of services. They provide instant access deposit account, ISAS, and savings bonds. They also offer savings certificates and premium bonds.
What explains why some people invest their savings in the stock market and others put their savings in bank accounts?
Some people feel that the stock marketis too risky for them.
What describes someones expected outcome from investing the stock market?
Making profit from savings, describes someone's expected outcome from investing in the Stock Market. Making profit from savings
What describes someone's expected outcome from investing in the stock market?
Making profit from savings, describes someone's expected outcome from investing in the stock market. Making profit from savings
Which education savings plan is the value of the investment dependent on the performance of the stock market?
529 college savings plan
What is the difference between financial savings and physical savings?
Financial savings is when you put money in the bank and it gains interest over time.Phyisical savings is when you invest in stock and it grows over time like Finacnial savings.
Which best explains why some people invest their savings in the stock market and others put their savings in bank accounts?
Some people feel that the stock market is too risky for them
How does preferred stock differ from common stock?
pay dividend before common stock
What was the outcome of the savings and loan crisis?
Savings and loan associations' losses mounted after the stock market began to tumble in the late 1980s.
Can common stocks become preferred stocks?
Yes if there is a clause while issuing common stock that stock holder can convert the common stock to preffered stock.
