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Oak View Bankshares completed a $10 million subordinated note offering to boost capital and support growth.
Oak View Bankshares, Inc. has completed a $10 million offering of subordinated notes, a move aimed at strengthening its capital position and supporting future growth.
The notes are expected to enhance the bank's financial flexibility and regulatory capital levels.
The offering was conducted in accordance with applicable banking regulations and does not involve the issuance of new shares.
Terms of the notes include a fixed interest rate and a maturity date set for 2035.
Proceeds will be used for general corporate purposes, including lending and operational needs.
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Oak View Bankshares completó una oferta de notas subordinadas de $ 10 millones para impulsar el capital y apoyar el crecimiento.